Dry van services
Search documents
Ace Doran adds NHH Services equipment, staff as new division
Yahoo Finance· 2026-03-04 11:49
Industry Overview - The trucking industry is experiencing the aftermath of a prolonged freight recession, leading to bankruptcies, mergers, and downsizing [3] - Flatbed spot rates are currently strong, while flatbed contract rates are reflecting a sluggish manufacturing environment [3] Company Developments - Ace Doran has established a new division by partnering with Indiana-based NHH Services, which includes 50 trucks, drivers, and office personnel [6] - The acquisition of equipment from NHH Services and the addition of staff will enhance Ace Doran's position in the heavy haul market and support its national transportation operations [6] - The company operates in sectors that align with the manufacturing sector, which has shown signs of growth, as indicated by the Institute for Supply Management's purchasing managers' index remaining above 52% [4]