Sherman Bros. Heavy Trucking (S.B.,Inc), Harrisburg , Oregon, is pleased to announce the closing of the acquisition of Lee's Trucking, Inc., El Dorado, Arkansas, an asset-based and brokerage trucking concern, specializing in bulk liquid transportation. The transaction closed on December 31, 2011. Lee's Trucking, Inc. revenues are approximately 15 million annually. Team Transport Inc. , a wholly owned subsidiary of SBI, purchased Lee's assets and is leasing Lee's existing corporate Office and shop in El Dorado, Arkansas and its wash and shop facilities in Crossett, Arkansas. SBI is a specialized asset-based trucking company with an extensive logistics department. SBI provides local, regional, and national trucking services with specialties in flatbeds, heavy haul, liquid bulk and brokerage. Team Transport Inc. is the tanker and bulk division of SBI. Together, SBI and Lee's represent 70 years of collective experience in the transportation industry. Lee's was started in 1983 and was owned and led by Jimmy Lee. Jimmy Lee will continue to be a part of Team Transport / Lee's Trucking. The synergies resulting from the acquisition will present opportunities for continued growth in the southeast while providing a platform for growth in other geographical areas.
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