Trucking behemoth Knight Transportation has added another fleet to its portfolio. According to a news release, Knight has acquired dry van transportation company Barr-Nunn.
Purchased for $112.4 million by Knight, Barr-Nunn generated $119.8 million in total revenue in the last year. Headquartered near Des Moines, Iowa, Barr-Nunn has a fleet of approximately 550 trucks.
Barr-Nunn management, personnel, policies and culture will remain intact. In the news release, Knight assured driving associates, non-driving associates and customers that little change should be noticed after the transaction has been completed.
Specializing in expedited and service-sensitive marketplaces, Barr-Nunn operates mostly in eastern United States. Major manufacturers, consumer product companies, retailers and transportation and logistics providers are among Barr-Nunn’s customers. Leased facilities are located in Ohio, Pennsylvania and North Carolina.
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