ATA Sells Truck Fleet Management to Bobit Business Media.
Press Release Summary:
American Trucking Associations (ATA) announced its sale of Truck Fleet Management (TFM) to allied member Bobit Business Media. Terms of this sale were not disclosed. Citing efforts to focus on core businesses as reason behind said sale, ATA Executive VP Jeff Mason said Bobit appears to be a perfect fit for TFM's audiences. Mason also said this move "allows Transport Topics staff to focus on providing industry-leading coverage of the freight transportation industry."
Original Press Release:
ATA Completes Sale of Truck Fleet Management to Bobit Business Media
ARLINGTON, Va. -- Today, American Trucking Associations announced the sale of Truck Fleet Management, a part of its Transport Topics media group, to allied member Bobit Business Media.
"As ATA moves forward with our new strategic plan, we are focusing our efforts on what we believe are our core businesses," said ATA Executive Vice President Jeff Mason. "We are very happy that we were able to find a home for TFM in Bobit that appears to be a perfect fit for their audiences."
"We're excited to add the Truck Fleet Management audience to Bobit's stable of over 250,000 fleets receiving our magazines, using our online sites and attending our trade shows and conferences. American Trucking Associations have done a great job serving this market segment over the years and we look forward to continuing that tradition." said Sherb Brown, Bobit vice president and group publisher.
Terms of the sale were not disclosed.
"This move allows Transport Topics staff to focus on providing industry-leading coverage of the freight transportation industry," Mason said. "Between the weekly publication, iTECH and Equipment & Maintenance Update supplements, websites and other digital projects, TT will continue to be the authority on freight transportation."
Bobit Business Media brands include Heavy Duty Trucking, Work Truck Magazine, Automotive Fleet and associated websites, events and databases.  "This acquisition allows us to further establish BBM as the world's largest fleet publisher," said Brown.
Bobit Business Media www.bobitbusinessmedia.com is a diversified national information company providing news and knowledge to people within specialized business industries through publications, trade shows, web sites, research and associations.
American Trucking Associationsis the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or on Facebook.Trucking Moves America Forward.
CONTACT: Sean McNally, 703-838-1995, smcnally@trucking.org
