This merger happened in July, 1987. It was quite a shock and at first, nobody believed it. However, it wasn't long before the problems and flies in the ointment became very evident. Smith Transfer was a very tough competitor and their people were top notch. I remember when they bought the old M R & R to get into FLorida. Service wise they were the best carrier I ever sold against in the areas they serviced, however they weren't real sporty going North-South into and out of Florida and Georgia. Their service into the Midwest was good, around the Southeast was excellent, however into the Northeast we (Thurston at the time) could usually beat them. Jake Smith was quite an operator and I heard that he was a good man. I never knew or met him. I do know that Smith Transfer adopted an ESOP plan and really snookered the employess by only paying out 10% of what they were promised. They shut down within a year after merging with American Freight. Now there was a carrier who was an enigma to me. In my view they were very indecisive and went about things in a very scattershot way.