After years of being rivals, TripPak is being sold to Pegasus TransTech. Some TripPak services will maintain their present name and locations while other services will be consolidated with the Pegasus brand – Transflo Express.
Currently, it is business as usual for both the Pegasus and TripPak products. According to Karen Blanchard, vice president of marketing for Pegasus, the TripPak Express envelopes will stay at its current locations under the same name. Eventually, scanning services will be merged.
“We have plans to have Transflo Express truck stop scanning in all of the TA/Petro locations that previously had TripPak scanning,” Blanchard told Land Line. “We hope to complete that in two to three months.”
TripPak originally was in the business of mailing paper documents for truckers, then eventually moved to document scanning. With Transflo Express, Pegasus entered the scene in 2002 by offering onsite scanning at Pilot Flying J and Love’s locations. TripPak responded by offering a similar service at TA/Petro locations.
According to a press release, the merging of the two businesses will provide revenue-cycle and data management solutions for more than 3,000 truck fleets and third-party logistics customers.
Blackhill Partners, an investment bank and corporate adviser, will be representing Xerox Corp. in its sale of TripPak.
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