BISMARCK, N.D. – A Bismarck freight firm with a wealthy historical past courting again to 1918 has been offered for $150 million.
Midwest Motor Specific has been bought by Knight-Swift, a publicly-traded service listed on the New York Inventory Change. Midwest will proceed to function from its headquarters in Bismarck, and its sister firm, Midnite Specific, will do the identical from Fargo.
The corporate started as Snyder’s Dray and Switch and used horses and wagons to ship coal, cream, gravel, and freight. In 1938, the title modified to Midwest Motor Specific, and over the many years, the corporate acquired a number of truck traces.
Midwest has weathered the Nice Despair, recessions, and three wars.
Supply: KFGO
