Two US specialists in heavy freight hauling and rigging merged Tuesday to create a specialized trucking and logistics business with an expanded service area in North America.
EZE Truck Holdings, the parent of several flatbed and heavy-haul trucking firms, merged with Farran International, a global transportation and rigging business in Randolph, New Jersey.
The EZE-Farran transaction is the latest in a series of acquisitions and mergers rippling across the transportation landscape in 2016, from the largest operators, such as FedEx and TNT Express, to small companies such as Kottke Trucking and Walbon & Company.
The deal creates a specialized trucking operation with several subsidiaries, including EZE Trucking, Patterson Motor Freight, Rig Runners at EZE and H.W. Farren, Fastway Trucking, and NTL at Farren International. It also expands the business nationwide.
There’s plenty of room for consolidation in the highly fragmented heavy-haul business. Companies in this trucking sector handle over-dimensional and extremely heavy loads such as aerospace parts, wind turbines and blades, building materials, and oil and gas drilling equipment — not your average truckload or even flatbed shipment.