Press Release June 03, 2016

Watkins and Shepard Trucking Finalizes Sale to Schneider National Carriers, Acquires Lodeso

Goodwin Procter represented Watkins & Shepard Trucking, Inc. its sale to Schneider National Carriers, Inc. and the purchase of Lodeso Inc., a last-mile delivery provider.

Watkins & Shepard, headquartered in Missoula, Montana, is a leading provider of LTL, truckload and logistics services for difficult-to-handle goods such as furniture and floor coverings across North America. Founded in 1974, the company has more than 1,300 employees, including nearly 800 drivers based out of 20 terminals across the country.

Based out of Zeeland, Michigan, Lodeso is a leading final-mile logistics solution provider, specializing in delivery of overweight, oversized and difficult-to-handle goods, including furniture and mattresses. It uses proprietary technology developed in-house to handle supply chain complexities within the national home delivery industry. Lodeso has more than 50 employees and nearly 600 agents across the United States.

Schneider is an international provider of truckload, intermodal and logistics services headquartered in Green Bay, Wisconsin. Schneider is one of the largest truckload carriers in North America, hauling more than 16,000 loads per day across 11,300 drivers and 9,600 trucks.

The Goodwin team advising Watkins and Shepard consisted of partners Josh Klatzkin, Jamie Hutchinson and Janet Andolina, and associates Mark Yeboah and Andy Lock.

For more information on the transaction, please view the press release.