For the second time this year, Nashville-based CrossTown Courier has purchased a Knoxville delivery company. CrossTown’s latest acquisition is Dowers Delivery Service, which provides freight services throughout East Tennessee, North Alabama and North Georgia.
Financial terms were not disclosed.
“It fits completely perfectly with our warehouse and distribution operations,” CrossTown President Steven Seger said Tuesday.
Dowers major customers are The Mattress Outlet and Mattress Gallery, according to a news release issued by CrossTown.
CrossTown provides transportation, logistics, and warehouse distribution for customers throughout the Southeast. The company has warehouse and office facilities in Chattanooga, Knoxville, Memphis, and Nashville.
Although the economy has been sluggish in recent months, CrossTown is committed to growth through acquisition, Seger said.
CrossTown is considering other possible acquisitions in the Knoxville area, but Seger declined to identify the companies.
In May, CrossTown acquired the business operations of ASAP Courier of Knoxville, a provider of scheduled trucking and on-demand expedited transportation services. ASAP’s customers included UPS Supply Chain Solutions, Averitt, Old Dominion Freight Lines and Central Transport.
Earlier this year, CrossTown also acquired Premiere Express Courier in Chattanooga.
More news as it develops online and in Wednesday’s News Sentinel.
Financial terms were not disclosed.
“It fits completely perfectly with our warehouse and distribution operations,” CrossTown President Steven Seger said Tuesday.
Dowers major customers are The Mattress Outlet and Mattress Gallery, according to a news release issued by CrossTown.
CrossTown provides transportation, logistics, and warehouse distribution for customers throughout the Southeast. The company has warehouse and office facilities in Chattanooga, Knoxville, Memphis, and Nashville.
Although the economy has been sluggish in recent months, CrossTown is committed to growth through acquisition, Seger said.
CrossTown is considering other possible acquisitions in the Knoxville area, but Seger declined to identify the companies.
In May, CrossTown acquired the business operations of ASAP Courier of Knoxville, a provider of scheduled trucking and on-demand expedited transportation services. ASAP’s customers included UPS Supply Chain Solutions, Averitt, Old Dominion Freight Lines and Central Transport.
Earlier this year, CrossTown also acquired Premiere Express Courier in Chattanooga.
More news as it develops online and in Wednesday’s News Sentinel.
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