Trucking boss Vieira buys majority shares of freight shipping business BEST
A veteran trucking boss has purchased a majority shares of freight shipping company BEST.
David Sousa, president, CEO and managing director of Bermuda Export Sea Transfer Ltd, trading as BEST Shipping (BEST) made the announcement yesterday that Joe Vieira, president of Joe Vieira Trucking Ltd, purchased the majority of his companys shares.
It is with great pleasure that I can now announce that Mr Vieira has completed the purchase of the majority of shares previously owned by The Total Group and is now the majority shareholder of BEST Shipping, said Mr Sousa. This purchase completes the alignment of our two companies and brings with it a wonderful blend of synergies that will see continued enhancements to the services we can provide to our clients.
Joe Vieira Trucking Ltd has provided trucking services to BEST Shipping for the past 15 years.
I saw a great deal of potential in BEST and after working with them and the Total Group team for the past several years I thought that the time was right to forge an even stronger relationship, said Mr Vieira. I am very much looking forward to the future and in bringing a great deal of value to the customer experience. Over the course of the next few years I intend to learn as much as I can from David.
Mr Vieira also stated that there will not be any changes to the way in which BEST operates, including the existing strong relationship with Seabridge International, who provide the US consolidation for BEST and their customers.
Joe Vieira Trucking Limited had its start over 40 years ago as Joe O Vieira Trucking & Landscaping and was founded by Mr Vieras father, Joe O Vieira.
In 1995, Mr Vieira, then 19, partnered with his father to assist him with the running of the company and Joe Vieira & Son Trucking was born. They operated the company together side by side for many years with just one truck.
Over the past 16 years the company has grown considerably and now has a fleet of vehicles consisting of dump trucks, a crane truck and a tractor trailer. Mr Vieira took over the company from his father in 1998.
In December 2010, the company became a limited liability company and is now known as Joe Vieira Trucking Ltd. The company continues to carry out local house moves, tractor trailer container haulage, machine moves, trash removal, construction site deliveries, import and export services, house pack ups and unloads for customers arriving or leaving Bermuda. The company also provides crane truck, bobcat and telescopic forklift work and all general trucking needs that their customers may have.
Both Mr Vieira and Mr Sousa agreed: We are very excited about the future and together with our business partners want to assure our clients that we will continue to provide first class service and continue to look for new and exciting ways to enhance what we can offer them.
Law firm sued over hotel deal advice
Renamed restaurant starts afresh
Missing goats plea
Man seriously injured in bike crash
Bermudian model wins double award
Burch backs mandatory recycling
I potted a husband at the pool table
Axis Re hires former AIG executive as CUO
BHS to create Innovation Centre
The day a whale saved me from a shark
Ag Show: children, seniors to get in free
Death penalty needed for drug dealers
Storage company sees strong demand
Researchers predict up to 19 storms
BBC features same-sex marriage campaigners
How can women achieve work-life balance?
Take Our Poll