Hinton Transportation acquires trailer supply operation
Hinton Transportation Investments (HTI) on Tuesday announced the acquisition of U.S. Trailer Parts & Supply Inc., a Chicago-based independent distributor of heavy-duty trailer parts.
The purchase will increase HTI's footprint in the greater Chicago and Milwaukee area and complement HTI's existing distribution in the region. HTI completed the acquisition of US Trailer Parts & Supply on June 1, 2023.
"HTI greatly values the legacy of relationships built between people over the years. Due to their unique position and history in the market, U.S. Trailer Parts & Supply will continue that legacy as a standalone business unit of HTI in the greater Chicago area," says Dan Millar, chief commercial officer with HTI.
Adds U.S. Trailer Parts & Supply President Joe Cyze, "Becoming part of the HTI family is the perfect next step for USTP and our employees. As a family-owned business for over 43 years it was important to us that we partner with a like-minded organization that values legacy. HTI understands the uniqueness and responsibilities that come with carrying forward on that legacy."