announced June 17 it has sold largely all of the assets of its
transportation subsidiary, Great Rigs Inc., to The Waggoners Trucking.
The sale is part of an ongoing effort by ADESA and its parent
company, Duluth, MN-based ALLETE, to focus on core businesses
while maintaining access to key services through outsourcing,
sale of Great Rigs in no way reflects a de-emphasis on transportation,"
said Jim Hallett, chairman and CEO of ALLETE Automotive Services.
"Transportation and logistics services are a critical part
of vehicle remarketing, and this move will allow ALLETE Automotive
Services to integrate these services with our overall offerings."
Trucking, an auto transport, flatbed and oil services operation,
will provide transportation services to ADESA auctions and their
customers, according to David Waggoner, president of Billings,
MT-based The Waggoners Trucking. The new owner will take over
operation of Great Rigs' headquarters in Moody, AL.
of Great Rigs reportedly will be offered employment opportunities
with Waggoners. Terms of the deal were not disclosed.