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NOTABLE TRANSACTIONS: Transportation & Logistics

T.W. Owens & Sons Trucking Co., Inc.
Silver Eagle Transport

T.W. Ownes & Sons Trucking Co., Inc.
Lavonia, GA
August 1994

Bengur Bryan advised Burnham Service Corporation, an Investcorp affiliated company, in its sale of this subsidiary to Silver Eagle Transport.

T.W. Owens is a leading regional truckload carrier serving selected shippers in the southeastern U.S.

Silver Eagle Transport is the regional, dry freight truckload subsidiary of Arnold Industries, Inc. (NASDAQ: AIND) the $550 million market cap diversified transportation company. Arnold is the parent of New Penn Motor Express, a northeastern-based less-than-truckload transportation company; Lebarnold, a northeastern-based truckload service and warehousing company; DW Freight, a southwestern-based truckload service company specializing in the bottle, can and container business; and Silver Eagle.