New Century Transportation Inc., a Westampton, N.J.-based motor carrier, has filed for a $120 million IPO. It plans to trade on the Nasdaq, with Wells Fargo Securities and Stifel Nicolaud Weisel serving as co-lead underwriters.
The company reports a net loss of $5.14 million for 2009, on $229 million in revenue.
Shareholders include Jefferies Capital Partners. www.nctrans.com
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