PS Logistics has continued its expansion with the acquisition of the flatbed division of ELS, further solidifying its status as one of the largest carriers in this niche.
The deal: Through its subsidiary Blair Logistics, PS Logistics has added ELS's fleet of over 90 tractors and 240 over-length flatbed trailers to its growing portfolio. Financial details were not disclosed.
The impact: By absorbing the ELS flatbed division, PS Logistics now commands a fleet surpassing 500 power units and 1,250 over-length flatbed trailers, primarily used for hauling steel, industrial materials, lumber, and other building materials.
- Kenly, North Carolina-based ELS will retain its heavy-haul and intermodal divisions, operating under the same name.
- The integration exemplifies PS Logistics’ strategy of enhancing its service offerings and geographical reach while providing more opportunities for drivers.
- ELS has been recognized for its commitment to customer service and creating a driver-first culture, values that align with those of PS Logistics.
The acquisition marks one of over two dozen similar moves by PS Logistics since 2016, indicating a steady growth path through the strategic incorporation of family-owned logistics operations.
The strategy: PS Logistics demonstrates its dedication to strengthening its flatbed trucking services while continuing to foster the family-owned business ethos.
What's next: With this latest acquisition, prospects look positive for the Birmingham, Alabama-based logistics firm as they further position themselves as a significant player in the sector.