PC: Fox 11 Online
ASHWAUBENON, WI (WTAQ-WLUK) — Schneider National has acquired a New England based carrier to expand its services.
M&M Transport is a contract carrier in West Bridgewater, Massachusetts that provides service for retail and manufacturing sectors. Its top 20 customers include many Fortune 500 companies. It deploys approximately 500 trucks and 1,900 trailers across 12 locations in the Northeast, Midwest and Southwest.
The acquisition further complements Schneider’s Dedicated organic growth success and places Schneider on a glidepath toward $1.5 billion in annual Dedicated contract revenues and 6,500 Dedicated tractors in service to our valued customer base.
The acquisition is expected to be immediately accretive to Schneider’s earnings per share. M&M Transport financial results will be reported in Dedicated operations as part of the Truckload segment beginning in the third quarter of 2023.
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