After information surfaced Monday that Wayne, Michigan-based Rush Trucking had shuttered operations, a LaValle Transportation worker confirmed to FreightWaves that the automotive elements hauler had been bought in December to rival provider LaValle, headquartered in Potsdam, New York.
The corporate’s operations in Michigan have been closed, the supply mentioned.
Rush Trucking had 354 energy items and 374 drivers, in keeping with the Federal Motor Service Security Administration’s SAFER web site. The corporate’s insurance coverage was canceled in mid-January and its working authority revoked on Jan. 25, in keeping with FMCSA.
Many former Rush drivers employed on with LaValle, which has 425 energy items and 440 drivers, the supply instructed FreightWaves.
Rush was owned by Andra Rush, who based the corporate in 1984. She operated one of many largest woman-owned companies in Michigan and one of many largest Native American-owned enterprises within the U.S. Her firm posted greater than $102 million in income in 2019.
She additionally owns Dakkota Integrated Systems LLC, a three way partnership with Magna Worldwide Inc. Dakkota reported income of $565 million in 2019 with 1,250 workers, in keeping with Crain’s Detroit Business.
LaValle Transportation had not returned FreightWaves’ phone calls concerning the acquisition as of press time.
A yr previous to the sale, Rush stepped down as chief govt officer, hiring Kimberly Rodriguez to take the helm at Rush Trucking in February 2020. Rodriguez left the corporate in September. Rush additionally bought her stake in Detroit Manufacturing Methods in 2018. The three way partnership with Faurecia Inside Methods Inc. posted greater than $1 billion in income and had greater than 800 workers in 2018, in keeping with Crain’s.
It is a growing story.
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Additionally, take a look at the most recent episode of our true crime podcast right here: Profits drive log fraud in trucking — Long-Haul Crime Log
