Carhaul: Jack Cooper Buys Allied

September 17, 2013: Jack Cooper Transport has won the bid to purchase Allied Systems, and will now be by far the largest carhaul operator in North America.

Cooper CEO Mike Riggs says the combined carrier will have $1 billion in revenue in 2014.  Cooper will pay $135 million – with borrowed money – for Allied, and the deal was approved by the creditors committee overseeing Allied's bankruptcy, with the approval of the Teamsters International Union.

This means the Teamster national carhaul contract will include only two major carriers, with Cassens being the second.

Transport Topics' report on the deal is available here.

Get Advice Join TDU Donate

Recent News

Webinar: Getting the Goods to Win Your UPS Grievance

In this webinar, you'll learn proven strategies to win grievances at UPS, and how to deal with retaliation from management. Review how to document your case to win a good settlement and be prepared if the case goes to panel. Register for the webinar on Sunday, March 16 at 12 PM ET / 11 AM CT / 10 AM MT / 9 AM PT.

Resources: Hunting Season and Your Rights at UPS

Peak season is over. But a new year brings new problems: Surepost chaos, production harassment, and petty discipline. Teamster members joined our webinar to learn tried and true strategies to protect yourself and fight discipline. Watch it here, then scroll for resources.

View More News Posts