Builders Transportation

Flatbed carriers Hornady Transportation and Builder’s Transportation Co. announce the completion of their merger. The deal is part of parent company Daseke’s operational overhaul.

Daseke purchased the Memphis-based steel and aluminum carrier for $53.8 million, including $3.4 million in Daseke stock. Builders Transportation reported an estimated $72.4 million in revenue and an estimated $9.7 million in Adjusted EBITDA for the trailing 12-month period ended June 2018.