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Amber Alert

Thursday, January 10, 2008

Prime Inc. acquires trucking operations of TRL

Prime Inc. has acquired the trucking operations of Pittston, Pa.-based Transcontinental Refrigerated Lines. The TRL freight network will operate as a division of Prime Inc. The acquisition, which included several TRL assets, was finalized in December. TRL’s Pittston facility will function as Prime’s East Coast customer service center.

Prime adds the Pennsylvania location to its locations in California, Colorado, Florida, Missouri, Oklahoma, Oregon and Utah.

Stephen P. Hrobuchak Jr. and his father founded TRL Trucking in 1975 as a family-owned trucking company, starting with two trucks. TRL experienced rapid growth as a result in their focus on service and with its customer base.

“We have experienced decreasing profitability these last few years,” said Hrobuchak Jr., former president and CEO of TRL. Faced with escalating operating costs, Hrobuchak said “the best solution for the company and [his] associates was to seek out Prime.”

Prime says it will retain key personnel from TRL. Financial terms were not disclosed.