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Monday, June 02, 2008

Mabro Auto Transport: SOLD!

Just found out about this deal today... apparently, Pasha has taken over Mabro. I knew that Pasha has a small fleet of trucks down in Huntington Beach, CA where they haul cars to be put on ships going to Hawaii-- but after a quick visit to their website, I see their operations cover quite a bit more ground than that. To see Pasha's automotive logistics locations, click here.

I wonder if this is just the first wave of new mergers and acquisitions as auto transport continues to get slammed by rising fuel prices and stagnant and declining load prices? In the current economic conditions, it seems that California houses aren't the only assets with "For Sale" signs in the front yard.

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