JHT Holdings, Inc. (“JHT”), headquartered in Kenosha, Wisconsin, through its predecessors, has provided logistic and distribution services for 65 years to three industry segments. JHT’s truck transport segment provides transportation services for manufacturers of heavy (Class 8) and medium duty (Class 5-7) trucks. JHT’s auto transport segment moves new and used automobiles and light trucks while the special commodities segment transports a variety of freight throughout the U.S. JHT’s customers include Freightliner, DaimlerChrysler, Navistar International, PACCAR, Ford Motor Company, Alcoa and Caterpillar.

Merit provided subordinated debt with warrants to finance the recapitalization.