Transport Firm Makes Acquisitions

By Staff Writer October 21, 2019

United Road, in partnership with its owners, The Carlyle Group and other investors, announced the acquisition of Team Drive-Away (TDA) and its affiliates Driveaway USA and Fr8 Management from CID Capital. Based in Olathe, Kan., TDA is a national non-asset-based commercial vehicle logistics provider specializing in matching professional drivers with moves of used and new heavy-haul Class 8 trucks for sellers and buyers as well as moves to reposition and optimize fleets. TDA handles 20,000 vehicles annually via a national network of more than 500 independent contractors.

Together with TDA, United Road will move over four million new, used and specialty vehicles in 2019. TDA headquarters will remain in Kansas.

Rate this item
(0 votes)
Last modified on Friday, 25 October 2019 14:32

Trending News

FTC: Add-on Items Confuse Buyers

FTC: Add-on Items Confuse Buyers

Aug 04, 2020 Rate: 5.00

New-Car Prices Dip

New-Car Prices Dip

Aug 04, 2020 Rate: 0.00

Cars.com Reports Earnings

Cars.com Reports Earnings

Aug 04, 2020 Rate: 0.00