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PS Logistics Completes Acquisition of Shelton Trucking

| February 5, 2018

PS Logistics

PS Logistics has announced that one of its subsidiaries has completed the acquisition of substantially all assets of Shelton Trucking Services, Inc.

Financial terms were not disclosed. Shelton, headquartered in Altha, Florida, has approximately 200 drivers.

The transaction is designed to strengthen PS Logistics’ operations in the Southeast and provide it with additional terminals in Jacksonville, FL and Mobile, AL.

The Shelton acquisition continues the company’s acquisition strategy of partnering with families and owners within the flatbed trucking segment. Since 2007, PS Logistics has successfully acquired 11 trucking and brokerage operations.

Founded in 2004, the company is one of the largest and fastest growing flatbed transportation solution providers in the United States. They provide full-service transportation services, including asset-based transportation, brokerage, 3PL and supply chain services. This hybrid model delivers optimal flexibility to address customer’s flatbed transportation needs in various industries throughout the United States.

Category: General Update, News

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