GREEN BAY, WI (WTAQ-WLUK) — Trucking company Schneider announced growth with the acquisition of an Ohio-based truckload carrier.
Schneider acquired 100% of the equity interest in Midwest Logistics Systems (MLS), resulting in a $263 million transaction.
MLS has more than 1,000 professional drivers, operating 900 tractors across 30 central U.S. locations.
The carrier will run as an independent subsidiary of Schneider. MLS professional drivers and associates will continue to operate under the MLS name.
MLS financial results will be reported in the beginning of the first quarter of 2022.
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