LTL Carrier Service Transport Closes

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ess-than-truckload carrier Service Transport Inc., Cookeville, Tenn., shut down last week, the Tennessean reported.

The company operated 32 trucking terminals in 12 states, including seven in Tennessee. It operated nationwide, but the bulk of its terminals were in the Southeast and Midwest, the Tennessean said.

In 2002, American Capital Securities, a venture capital fund, backed a management buyout and merger of Service Transport and Dixie Trucking Co., a North Carolina company.