PS Logistics expands Tennessee flatbed presence with Roane acquisition
PS Logistics has expanded its flatbed network by acquiring Roane Transportation Services and its more than 170 drivers.
PS Logistics announced it has acquired peer Roane Transportation Services and its affiliates, adding 189 power units to its flatbed network.
PS Logistics subsidiary, Loudon County Trucking, was the buyer in the transaction. The deal also included Roane’s logistics and leasing operations. Financial terms of the transaction were not disclosed.
Rockwood, Tennessee-based Roane transports building materials and electrical products across the Southeast and Midwest U.S. through a network of more than 170 company and third-party drivers. The company’s physical locations include the Rockwood headquarters and terminals in Memphis, Tennessee, and El Paso, Texas.
“The acquisition of Roane Transportation strengthens PS Logistics’ presence in East Tennessee, expanding our footprint in a region that is critical to the aluminum manufacturing sector and enhancing our ability to support both existing and new customers,” said Houston Vaughn, president of PS Logistics’ trucking division.
This story was originally published by FreightWaves. Read the full story at FreightWaves →




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