Deal Makes California’s Biggest Intermodal Fleet
The two companies agreed to combine their operations Aug. 1.
Devine & Peters Intermodal will have a fleet of 250 trucks, including more than 150 company-owned tractors, and terminals in Sacramento, Manteca and San Pedro, Calif.
Both companies were formed in the early 1920s — Devine & Sons began hauling lumber and farm products, and Ted Peters began hauling milk and dairy products. For the past 25 years, however, each company has focused exclusively on hauling freight to and from ocean ports, rail terminals and airports in central and Southern California.
“There are so many positives from this transaction, it’s frightening that it took so long to happen.”
Both companies serve California’s agricultural exporters that ship canned goods, forest products and dried fruit and nuts overseas. They also have contracts to haul electronic components from abroad to assembly plants throughout the region.
For the full story, see the August 23 print edition of Transport Topics. Subscribe today.
