Fulmer family has announced the buy back of their trucking company
namesake from the Transit Group of Atlanta. The company is to
be managed by the Fulmer family, including original owners, Carroll
and Barbara Fulmer.
The deal to
form Carroll Fulmer Logistics Corp reportedly was for $17.2 million.
"We are an old company with new ideas and a new attitude,"
said Carroll Fulmer in a released statement. "We are proud
to have the enthusiasm of a new company that will make us a competitive
force in the industry."
built Carroll Fulmer and Co. to a $70 million a year trucking
entity before selling the company to the Transit Group in 1997.
Servicing 48 states and Canada, Carroll Fulmer Logistics Corp.
employs company drivers and owner-operators and has multiple divisions,
including dedicated/logistics, intermodal, reefer and van.