Eberhart Capital Acquires Poling Express, Building National Trucking Company
OMAHA, Neb.,
Feb. 5, 2013 /PRNewswire/ -- Continuing its strategy of acquiring trucking companies with distinguished reputations, strong customer bases, & long-term growth opportunities, Eberhart Capital, LLC has agreed to acquire Poling Transportation, Inc. (now Poling Express, LLC) in a stock and cash transaction. Poling, a leading
Omaha-based provider of temperature-controlled freight transportation, was owned by
Frank Lamer,
Kevin Poling, &
Pat Russell.
(Photo: http://photos.prnewswire.com/prnh/20130205/LA54799)
"Poling reflects the passion and consistency of its founder Gene Poling," said Dan K. Eberhart, Managing Director of Eberhart Capital. "This transaction combines a great company with a positive reputation throughout the trucking industry by focusing on driver safety, consistent customer service, and implementing innovative trucking technologies."
"For almost 30 years, one of my greatest pleasures has been to see Poling grow from year to year, helping our customers with consistent service," said Frank Lamer, Vice President of Poling Express.
"Poling is a highly respected refrigerated truckload carrier that has provided a high level of service for its customers since 1974 with their first dairy route," said Dan K. Eberhart, Poling Express' new Chairman of the Board. Founded in 1974 by Gene Poling with a Le Mars, IA dairy entering the Omaha, NE market, Poling began with a contracted route with Wells' Dairy where the small company would deliver products to grocery stores, retirement homes, & hospitals for the next decade. The company has since expanded into hauling refrigerated goods across the country with the growth of the yogurt & ice cream industries. Together with Rogers, MN-based Twin Express, Inc. & Los Angeles based Golden Drop Trucking, Inc. the combined companies boast a fleet of over 200 trucks, over 1,500 carriers on file, and 200+ owner operators. Poling will continue to operate under the existing management team in its current Omaha, NE location. Employees, including office staff, drivers and owner operators, will continue as always with the excellent pay, home time, and the health benefits they have come to expect. About Eberhart Capital, LLCSelect the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
