Merger Trend Sweeps Moving Industry
Daniel P. Bearth
| Staff WriterThe merger last year of North American Van Lines and Allied Van Lines to create Allied Worldwide, and Allied Worldwide’s current bid for Global Van Lines, have refocused attention on consolidation and its potential impact on competition among household goods carriers.
While most industry analysts view the trend in a positive light, the latest transactions could force many smaller companies and independent van lines to re-evaluate their position in the market. One insider predicts that consolidation will accelerate, especially among local agents.
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