P.A.M. Transportation Services, Tontitown, Ark., agreed to acquire assets of Decker Transport of Riverdale, N.J., for an undisclosed amount of cash.
The deal is subject to completion of a due diligence investigation and certain regulatory approvals.
Decker is a truckload carrier with revenue of about $48 million in 1997.
"We believe this acquisition will provide a number of synergies and also provide a more diverse customer base to complement our dedicated business," P.A.M. President Robert W. Weaver said.
The parties expect to close the transaction at the end of this year.
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