Sell Your Business/Trucking/MontanaLast updated: October 5, 2026

Sell Your Trucking Company in Montana

Quick Answer
Trucking companies in Montana typically sell for 3.5x-6.5x EBITDA, or 2x-4x SDE for smaller owner-operated trucking companies, per DealSeam's industry benchmarks. The Census Bureau counts 433 general freight trucking companies in Montana, ranking 40th of 50 states, and 73% of them have fewer than five employees. The largest groups buying trucking companies nationally include TFI International (Public), Kenan Advantage Group (OMERS Private Equity) and Schneider National (Public).
2x-4x
typical SDE multiple
433
establishments in Montana (Census 2023)
73%
have fewer than 5 employees

Who is buying trucking companies in Montana

We haven't found a trucking company in Montana owned by these platforms yet. That doesn't mean there isn't one: many acquisitions are never announced, and the company usually keeps its own name. The platforms below are the largest groups consolidating trucking companies in the US, with each one's headquarters and scale.

PlatformOwner / backerTypeHeadquartersScale
TFI InternationalPublic (NYSE and TSX: TFII)Strategic / publicMontreal, QC12,927 company-operated tractors, 6,194 owner-operator tractors and 40,687 trailers (Transport Topics 2026 Top 100, 2025 data)Source ↗
Kenan Advantage Group (KAG)OMERS Private EquityPrivate equityNorth Canton, OHMore than 200 terminals and 130 maintenance shops across the U.S. and Canada (Trucking Dive, Mar 2025)Source ↗
Schneider NationalPublic (NYSE: SNDR)Strategic / publicGreen Bay, WI12,400 company-operated tractors, 1,900 owner-operator tractors and 51,790 trailers (Transport Topics 2026 Top 100, 2025 data)Source ↗
Werner EnterprisesPublic (Nasdaq: WERN)Strategic / publicOmaha, NEDedicated fleet of nearly 7,400 trucks after the FirstFleet deal (Trucking Dive, Jan 2026)Source ↗
Knight-Swift Transportation HoldingsPublic (NYSE: KNX)Strategic / publicPhoenix, AZ26,187 company-operated tractors and 95,908 trailers (Transport Topics 2026 Top 100, 2025 data)Source ↗
PS LogisticsGamut Capital Management and BCIPrivate equityBirmingham, AL2,507 company-operated tractors, 2,835 owner-operator tractors and 10,630 trailers (Transport Topics 2026 Top 100, 2025 data)Source ↗
Trimac TransportationMcCaig family (took it private with management in November 2000; the company describes itself as family-run)Strategic / family-ownedCalgary, ABNot disclosedSource ↗
Estes Express LinesEstes family (third- and fourth-generation family owned and run)Strategic / family-ownedRichmond, VA10,659 tractors, 51,182 trailers and 300+ terminals across the U.S. and Canada (Estes About page, 2025 year-end)Source ↗
Ryder SystemPublic (NYSE: R)Strategic / publicCoral Gables, FL10,700 company-operated tractors and 20,400 trailers (Transport Topics 2026 Top 100, 2025 data)Source ↗
Heniff Transportation SystemsOlympus PartnersPrivate equityOak Brook, ILMore than 40 terminals throughout the United States (Olympus Partners portfolio page)Source ↗
Proficient Auto LogisticsPublic (Nasdaq: PAL)Strategic / publicJacksonville, FLNine operating companies, four of them added since the May 2024 IPO (Aug 10, 2026 release)Source ↗
RoadOne IntermodaLogisticsRidgemont Equity PartnersPrivate equityRandolph, MAMore than 2,500 drivers across more than 100 port, rail and truckload terminals (Trucking Dive, Aug 2026)Source ↗
Pitt Ohio Transportation GroupCharles L. Hammel III, President and Owner (Hammel family)Strategic / family-ownedPittsburgh, PA25 LTL terminals under its own name plus 34 at sister companies Dohrn, US Special Delivery and Ross Express (Transport Topics, Jan 2025)Source ↗
OneCompass Holdings (FST Logistics / Hyway Transportation)Employee-owned (100% employee-owned holding company)Employee-owned (ESOP)Dublin, OHFST Logistics employs over 600 employee-owners (OneCompass portfolio page)Source ↗
Bennett Family of CompaniesFamily-owned since 1974 (CEO Marcia G. Taylor and family)Strategic / family-ownedMcDonough, GAOver 1,000 drivers across 12+ affiliated companies (Bennett About page)Source ↗
Groendyke TransportGroendyke family (privately held, family-owned)Strategic / family-ownedEnid, OKAbout 40 locations nationwide (Groendyke release, Oct 2025)Source ↗

Ownership verified October 6, 2026. See every platform's recent deals in the Trucking roll-up tracker →

How many general freight trucking companies are in Montana

The Census Bureau counted 433 general freight trucking companies in Montana in 2023, ranking 40th of 50 states. 73% had fewer than five employees and 93% had fewer than 20. 6 had 50 or more.

EmployeesEstablishmentsShare
Fewer than 531873%
5 to 95012%
10 to 19368%
20 to 49235%
50 or more61%

This counts general freight trucking companies (NAICS 4841). Specialized freight carriers (NAICS 4842) are counted separately.

Source: U.S. Census Bureau, County Business Patterns 2023 ↗ (NAICS 4841). An establishment is a single physical location, so an owner with three locations counts three times.

What a trucking company in Montana is worth

Trucking companies typically sell for 3.5x-6.5x EBITDA, or 2x-4x SDE for smaller owner-operated trucking companies, with most deals in the $500K - $15M range. These are industry-wide benchmarks, reviewed July 2026, not an appraisal of your company.

What buyers pay more for

  • +Dedicated lanes/contracts
  • +Modern fleet
  • +Driver retention
  • +Specialized equipment

What buyers discount

  • -Spot market dependency
  • -Aging fleet
  • -Driver turnover
  • -Owner-operator model

How selling through DealSeam works

01

A confidential conversation

We learn about your company and what you want from a sale. Nothing is listed publicly.

02

Introductions where there is a fit

Where a qualified buyer fits your company, we introduce you, and only after you approve it.

03

You decide

You choose whether to go further, on your own timeline. Sellers pay nothing; the buyer pays our fee if a deal closes.

Selling a trucking company in Montana: common questions

How much is a trucking company in Montana worth?

Trucking companies typically sell for 3.5x-6.5x EBITDA, or 2x-4x SDE for smaller owner-operated trucking companies, with most deals in the $500K - $15M range. Buyers tend to pay more for dedicated lanes/contracts, modern fleet, driver retention and specialized equipment, and less where they see spot market dependency, aging fleet, driver turnover and owner-operator model. These are industry-wide ranges, not an appraisal of your company.

Who is buying trucking companies in Montana?

Nationally, the largest groups consolidating trucking companies include TFI International (Public), Kenan Advantage Group (OMERS Private Equity) and Schneider National (Public); 4 of the 16 platforms we track are private-equity-backed.

How many general freight trucking companies are there in Montana?

The Census Bureau's County Business Patterns counted 433 general freight trucking companies in Montana in 2023, ranking 40th of 50 states. 73% had fewer than five employees, 93% had fewer than 20, and 6 had 50 or more. This counts general freight trucking companies (NAICS 4841). Specialized freight carriers (NAICS 4842) are counted separately.

Does it cost anything to sell through DealSeam?

No. Sellers pay nothing. When a deal closes, the buyer pays DealSeam's fee. There is no listing fee and no retainer.

Will my employees or customers find out I'm thinking about selling?

No. Nothing is listed publicly, and your details go to a buyer only after you approve that introduction.

Thinking about selling your trucking company?

DealSeam works confidentially with owners to understand their options and, where there's a fit, introduces them to qualified buyers, at no cost to sellers.

Talk to us about your Montana company

Tell us how to reach you and we'll start a confidential, no-obligation conversation.

Confidential, and free for owners — we're paid by buyers. Prefer to lead with the numbers? Tell us about the business.

Sources

Valuation multiples are DealSeam's industry benchmarks, reviewed July 2026. Establishment counts are from the U.S. Census Bureau, County Business Patterns 2023 (NAICS 4841). Platform ownership comes from each platform's own or press sources, verified October 6, 2026. Named acquisitions are the deals we have recorded from public announcements, each linked to its source; they are not every deal in the state. Ownership in this sector changes often. None of this is investment, legal or tax advice.