TDG moves into Chicago as part of its US plans
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• Transport Development Group has bought five subsidiaries of Chicago-based distribution company Willett for $6 million (£3.5 million). The five have a combined fleet of 207 rigids and tractor units and 330 trailers. Ronald Hettrick, executive in charge, will continue as chief executive of the new company.
TDG owns San Franciscobased Willig Freightliners, which employs 1,000 people in 20 depots; and Portland-based Market Transport, which runs 250 trucks. It also has a holding company in San Francisco.
TDG chairman, Sir James Duncan, says the Chicago firms will give it a hub in the States as a possible prelude to future US acquisitions.