Napa Transportation Acquires Payne Trucking Assets

Napa Transportation, Inc. acquired certain assets of the dry van division and brokerage division of Payne Trucking, Inc. in a transaction assisted by Transport Capital Partners, LLC. The Payne Trucking business being acquired was based in Fredericksburg, VA, while Napa Transportation is based in Mechanicsburg, PA.

Payne Trucking operates a dry van truckload business focused on medium-length haul and dry van service primarily in the eastern United States, plus brokerage services. The article states Payne Trucking currently operates 80 tractors and approximately 176 trailers. Danny Payne will continue to operate his bulk commodities semi-trailer dump truck business under the Payne Trucking name.

Napa Transportation is described as a provider of food and consumer goods throughout the northeastern United States with a fleet of 235 tractors and 535 trailers, and said the new terminal location supports network concentration in the Middle Atlantic and Northeast corridors.