Boyd Bros. Transportation Inc. is a truckload carrier that operates exclusively in the flatbed segment of the industry and hauls primarily steel products and building materials. The Company also operates Boyd Logistics, Inc. a subsidiary that provides logistical support, and WTI Transport, Inc., (WTI formerly Welborn Transport, Inc.) located in Tuscaloosa, Alabama as a stand-alone subsidiary. It operates in the southeastern United States, with an average length of haul of 726 miles. On December 31, 2003, the Company entered into an agreement and plan of merger, which set forth the terms and conditions of the proposed acquisition of the Company by BBT Acquisition Corporation, a Delaware corporation (BBT Corp.). The transaction was structured as a forward merger in which BBT Corp. would merge with and into the Company, with the Company continuing as the surviving corporation. The transaction was completed in September 2004, with the Company going private.
(Source: 10-K) – less–ZoomInfo