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Watkins Motor Lines - Ownership and Business Overview

TransportationCompany

Watkins Motor Lines Ownership

Who owns Watkins Motor Lines?

Watkins Motor Lines is owned by FedEx. It was acquired on May 16, 2006.

Watkins Motor Lines Business Overview

Where is Watkins Motor Lines headquartered?

Watkins Motor Lines is headquartered in Lakeland, Florida.

What sector is Watkins Motor Lines in?

Watkins Motor Lines is a transportation company.

Transportation M&A Summary in 2006

Out of 60 sectors in the Mergr database, transportation ranked 22 in number of deals in 2006. The largest transportation acquisition in 2006 was Watkins Motor Lines - which was acquired by FedEx for $780M.

Subscribe to Mergr to view all 81 acquisitions of transportation companies in 2006, including 27 acquisitions by private equity firms, and 54 by strategics.

Watkins Motor Lines

Lakeland, Florida
United States,

Watkins Motor Lines is nationwide LTL long-haul carrier and a subsidiary of Watkins Associated Industries. Known for its premium on-time service, the company has a workforce of approximately 10,000 and is one of a handful of trucking companies that has been consistently profitable since obtaining its transcontinental LTL operating authority in 1972.


Company Summary

SECTOR

Transportation

Revenue

1,000   2005
(millions of USD)

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