As midnight, January 1st brought cheers of “Happy New Year” from around the world, it also brought new life to a local icon in the world of RV Transport.
Quality Drive Away, Inc. announced a restructuring of the two companies, including Baker Transport out of Fitzgerald , GA , that would change leadership and segregate duties. As of January 1st, 2011 Quality Drive Away will encompass the motorized freight while a new entity, Foremost Transport, Inc will encompass all other freight (see article in RV Business).
In most circumstances, there are three reasons for such a restructuring:
- Legal (regulatory, shielding liability… etc)
- Accounting (taxes, financing…etc)
- Succession Planning
