PUBLIC NOTICE OF 363 SALE: 45-Year Midwest Truckload Carrier

45-Year Midwest Truckload Carrier | 120 Tractor Fleet
Section 363 Going-Concern Sale www.NewpointAdvisors.us

• 45+ year operating history in core Midwest freight lanes
• 120 tractors and 579 trailers with avg. tractor age of 2019
• Established customer relationships with recurring freight activity
• Experienced operations team and stable driver workforce
• Operating under Chapter 11 Trustee with opportunity for 363 acquisition free and clear of liabilities
• Significant fleet and real estate value supporting transaction

Company Overview

The Company is a Wisconsin-based trucking and logistics provider with over 45 years of operating history serving industrial, distribution, and logistics customers throughout established Midwest freight corridors. The Company operates refrigerated and dry van transportation with a fleet of 120 tractors and nearly 600 trailers. Supported by an experienced operations team and stable driver workforce, the business continues to generate recurring freight activity and positive operating cash contribution. Since filing Chapter 11, the Company has retained substantially all strategic customers and maintained a stable driver base.

Current Situation

While revenue declined alongside industry-wide freight rate compression, the Company maintained gross margins in the mid-30% range and remained EBITDA positive throughout the downturn. The Company improved EBITDA by approximately 70% in 2025 despite continued industry headwinds, demonstrating the underlying earnings potential of the platform. Operational performance was further complicated by a generational ownership transition that introduced strategic and financial management challenges during a period that demanded decisive action. The Company’s freight business remained active throughout: its geographic density in key Upper Midwest lanes and its long-standing customer relationships represent durable competitive advantages that a buyer can step into on day one, unencumbered by the challenges that ultimately led to the restructuring process.

See Financial Summary table below.

Opportunity

The Company and three affiliated entities filed voluntary Chapter 11 petitions on March 13, 2026. On April 27, 2026, Matthew Brash of Newpoint Advisors Corporation was appointed Chapter 11 Trustee and is overseeing the debtors’ operations and sale process with the assistance of Newpoint Advisors Corporation as financial advisor. Subject to Bankruptcy Court approval, substantially all assets will be sold pursuant to Section 363 of the Bankruptcy Code, free and clear of all liens, claims, interests, and encumbrances.

The transaction includes a substantial equipment fleet, approximately $2.9 million of accounts receivable, and owned real estate with an estimated as-is value of $3.4 million.

FINANCIAL SUMMARY

 ASSET & EQUIPMENT SUMMARY

As of May 31, 2026

52 Company drivers and 39 owner operators
85% contracted loads; spot rates primarily for return trips

Accounts Receivable $2.9MM
Real Estate “As Is” Value $3.4MM

NOTE: The Company’s business plan and financials have not been audited by Newpoint Advisors Corporation and are subject to the potential buyer’s due diligence. The purpose of this document is to gauge interest from potential lenders and investors.

For more information contact: Graham McFarland [email protected] or Tyler Brasher [email protected]

About Newpoint Advisors Corporation. Newpoint Advisors Corporation is a North American financial advisory firm dedicated to improving troubled and financially underperforming small to lower middle market businesses. Our collaborative, process-oriented approach allows us to deliver objective solutions for a fixed fee and on a fixed timeline. Newpoint Advisors believes in a cooperative team approach: we work with our clients to educate them in ways that maximize profitability and growth. Our tool kits provide a tangible deliverable to assist in monitoring borrowers. Please contact any members of our team if you are interested in this opportunity.