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TForce | rumour about Averitt purchase

Hold on, found this also:

Servicing more than 50,000 vehicles through some 270 facilities in the US and Canada, Rollins is the US's third largest commercial truck rental company (after Ryder and Penske). Its full-service leasing system, which accounts for the bulk of Rollins' sales, provides vehicles as well as maintenance, licensing, and insurance. Its short-term commercial rental offers the same services for customers experiencing increased business, peak seasonal demand, or emergencies. The company also provides maintenance services to third-party fleets. Rollins has swapped its logistics unit for UPS' commercial truck leasing operations.


http://72.14.209.104/search?hl=en&q=cache:JC1ZjaMsmOgJ:http://www.scripophily.net/rolininc.html
 
Almost sounds like they sold UPS Leasing to cover the cost of the new Article 22.3 jobs. And they made money on the deal.... go figure
 
krash said:
Hold on, found this also:

Servicing more than 50,000 vehicles through some 270 facilities in the US and Canada, Rollins is the US's third largest commercial truck rental company (after Ryder and Penske). Its full-service leasing system, which accounts for the bulk of Rollins' sales, provides vehicles as well as maintenance, licensing, and insurance. Its short-term commercial rental offers the same services for customers experiencing increased business, peak seasonal demand, or emergencies. The company also provides maintenance services to third-party fleets. Rollins has swapped its logistics unit for UPS' commercial truck leasing operations.


http://72.14.209.104/search?hl=en&q=cache:JC1ZjaMsmOgJ:http://www.scripophily.net/rolininc.html
Click to expand...

Wierd...It doesn't mention that Rollins sold its truck leasing operation to Penske
 
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