The sale this week of Jet Express Inc.’s Webster Street terminal property has brought to light the quiet sale last year of the Jet Express business itself.
Martin Transportation Systems (MTS) of Byron Center, Mich., bought Dayton-based Jet Express last November, a transaction that Kevin Burch, Jet Express president, said Friday he elected not to announce.
Burch said that MTS will keep the terminal at 4518 Webster St. open and operating under the Jet Express name, and the company has kept him on as president through what he called the transition.
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Consolidations are “the wave” of the trucking industry these days, and this was a good opportunity, Burch said.
“We’ve never been bigger and stronger than now,” he said. “We’re in the top 100 (trucking companies) in the country.”
“There have been a lot of consolidations going on,” he added. “The opportunity was there.”
Already, the local company has picked up more business and is now hauling freight for Ford and Chrysler, Burch said.
Burch has been a local and indeed, a national, voice of and for the trucking industry for years. The soon-to-be 64-year-old has been in trucking for 40 years and has been with Jet Express itself for 30 years. He served as chairman of the Truckload Carriers Association and is immediate past chairman of the American Trucking Associations.
The Webster Street terminal property was sold this week in three parcels for $615,000, Montgomery County property records indicate. Records identify Marion Investments as the seller and Johnsons’ Enterprises LLC as the buyer.
Burch said he is confident that MTS will keep the Dayton terminal operating. “I convinced them during discussions that this was the crossroads of America,” he said.
An employee who answered the phone at MTS Friday morning referred questions to Brett McGovern, MTS vice president of operations. A message was left for McGovern.