Trucking Merger: IPS and J and R Schugel Unite?
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Trucking industry shakeup? Paschall Truck Lines' parent company, Interstate Personnel Services, is in talks to acquire J and R Schugel Trucking, potentially creating a 2,000-truck, 5,000-trailer powerhouse. The deal would expand IPS's services into refrigerated transport and unite two major employee-owned fleets, offering workers a bigger stake in a larger operation with expanded routes and logistical reach across North America. Employees and shareholders are awaiting voting materials for this game-changing merger. Hosted on Acast. See acast.com/privacy for more information.