It’s been a little while since we had the opportunity to talk about Jack Cooper Transport, the logistics firm that ships Corvettes and other GM vehicles from the assembly plant to dealerships. The company hit our radar this week after we learned that they have successfully completed the acquisition of Moore Transport, based in Tulsa.
One of the lingering supply chain issues has to do with shipping completed vehicles from their respective plants to dealers. Earlier this year, news broke that GM was buying up to 400 auto carriers to transport their completed vehicles to dealers faster, which they hoped would end their reliance of third-party providers.
The shipping issues the automotive industry is facing as a whole is also compounded by a shortage of rail cars for shipping new vehicles via train across North America. Currently, General Motors is storing thousands of newly completed Chevrolet Silverados and GMC Sierra pickup trucks from the Fort Wayne assembly plant at the old Auburn Auction Park in Northeastern Indiana because they simply can’t get them to where they need to go.
Photo Credit: Keith Cornett
According to the Automotive Logistics website, the purchase of Moore Transport by Jack Cooper will add an additional 240 car carrying trucks to Jack Cooper’s fleet. Jack Cooper said the acquisition will “significantly enhance” the logistics firm’s footprint along the East Coast and within the Midwest region. Details of the acquisition price were undisclosed.
Jack Cooper filed for Chapter 11 bankruptcy in 2019. Since then, the new owners Solus Alternative Asset Management have pledged to invest at least $20 million per year and adding 100 new car carriers per year though 2023.
Photo Credit: CASTLEMAN / CorvetteForum
“Jack Cooper is the second largest motor vehicle carrier, and the largest carrier with a unionised workforce, in America,” said Sarah Riggs Amico, executive chairperson, Jack Cooper. “We are honoured to be working with, and acquiring the assets of, a company like Moore Transport.”
The Corvette Assembly Plant has had a record year for producing of the 2023 Corvette, and anyone who has driven around the plant in recent months has marveled at the number of Corvettes in their white transport covers awaiting to be shipped. Let’s hope these new car carriers will help improve the times it takes to deliver new Corvettes to dealers for final delivery to the customer.
Source:
Automotive Logistics
Related:
Corvette Transporter Company Jack Cooper Files for Bankruptcy
Track the Shipping of Your C8 Corvette On the Jack Cooper Transport Website
[ACCIDENT] Corvette Transporter Rear Ended by Another 18-Wheeler in Southern Indiana
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don’t like that blue paint
Hey there, for the new 2024 Corvette Destination Charge of $1,595.00 the transport of all new Corvettes from Bowling Green should be inside of a custom sized, enclosed trailer pulled by a new Silverado Dually truck directly to your front door within 24 hours of assembly and PDI release. Delivering a perfect clean Corvette every time.
Even Reliable Transportation will charge less than $1.595 to deliver a new Corvette and they can get 6 Corvettes in one of their trailers to deliver to new Owners.
Perhaps GM should get bids from all of the new car transport carriers to see why Jack is charging almost 1600 hundred dollars for a very slow and incompetent system of getting new Corvettes out of Bowling Green.
The price of fuel has come back down to pre-covid levels, the drivers earn the same as before and the trucks/trailers are the old multi-level rack system, so where is this money being spent that all Corvette Buyers have to pay GM???
Profits, Greed, if Jack can buy another trucking company with all new Corvette buyers paying another high increase in Destination Charges – while the Corvettes just sit in the Kentucky sunshine and rain waiting for delivery. What a Scam that Jack Cooper is getting away with from GM.
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