Knight-Swift Transportation (CCJ Top 250, No. 4) on Monday announced the acquisition of RAC MME Holdings and its subsidiaries, which includes Midwest Motor Express (No. 197) and Midnite Express (collectively MME), for $150 million.
Founded more than 100 years ago, MME provides less-than-truckload, full truckload and specialized and international logistics transportation services in the upper midwestern and great northwestern regions of the U.S., and ACT Research Vice President and Senior Analyst Tim Denoyer said its regional footprint complements Phoenix, Arizona-based Knight-Swift’s southeastern and midwestern LTL presence alongside its AAA Cooper Transportation (ACT) brand, which together cover more than half of the United States.