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           23 September, 2019


    
Category:  Press » Transportation

 

Brick Mountain Trucking Acquires A-Diamond Delivery Service

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2008-10-07 06:19:58     
Pacer Health Corporation

Brick Mountain Trucking LLC dba Cargo Connection, a wholly-owned subsidiary of Pacer Health Corporation (OTC Bulletin Board: PHLH) ("Pacer"), today announced acquisition of Miami-based A-Diamond Delivery Service, as part of Pacer's long term strategy to identify, acquire and expand small trucking companies through its Brick Mountain Trucking subsidiary while increasing its presence in Miami's growing transportation and logistics market segment.

A-Diamond Delivery Service is a provider of local pick-up and delivery trucking services for the South Florida region including Greater Miami, Ft. Lauderdale and the Palm Beaches. The trucking fleet acquired through this transaction will be integrated into Brick Mountain's already established fleet. The acquisition of A-Diamond Delivery Service represents Brick Mountain's commitment to provide small firms the ability to survive in a down-turned economy through acquisition and consolidation.

"The acquisition of A-Diamond Delivery Service signifies Brick Mountain Trucking's further entry to the Miami trucking marketplace," said Tina Vidal, Pacer Health Corporation's chief operating officer of its non-medical division. "This announcement signals our confidence in Miami's delivery and transportation market. We are excited about the expanded delivery services Brick Mountain Trucking will be able to provide."

Brick Mountain Trucking will handle all trucking and transportation services operations, and sister company Brick Mountain Logistics will oversee the company's property broker operations for Pacer's recently acquired Cargo Connection Logistics.

About Pacer Health Corporation

Pacer Health Corporation is a company that focuses on financially distressed businesses in all market segments including and beyond the healthcare arena. Pacer is an owner-operator of acute care hospitals, medical treatment centers and psychiatric care facilities serving non-urban areas throughout the Southeast as well as a distribution and logistics company with locations throughout the United States. Please visit http://www.pacerhealth.com for more information.

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. They are only predictions and may differ materially from actual future results or events. Pacer Health disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise. Important risk factors - including, but not limited to risks associated with changes in general economic and business conditions (including in the IT and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of market acceptance of our services, and changes in our business strategies - could cause actual results to differ from those contained in forward-looking statements.

Specialized in: Brick Mountain Trucking - A-diamond Delivery Service
URL: http://www.pacerhealth.com
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