Barry Smith's Transport Company sells for $170 Million

With a $500 loan from his father in 1975, Barry F. Smith of Roaring Spring invested in the first of what turned out to be a vast fleet of trucks and trailers that was worth $50 million in 1998 and was just sold to Heartland Express of Iowa for $170 million.

Smith Transport and Heartland Express emphasized that the sale will not affect the workforce or operations by the Roaring Spring company. There will be no layoffs and business will continue as usual.

Smith, 75, the second of five children born to Clair and Rosie Smith and raised on a farm near the Albright church in Taylor Township, explain...