Alabama-based PS Logistics recently announced the acquisition of a Texas-based trucking company.
On July 30, 2021, PS Logistics announced that the company had acquired all substantial assets of Houston trucking company Patriot Transit, LLC and Patriot Logistics, LLC, a privately-owned carrier specializing in flatbed transportation services in the Gulf Coast and Southwest.
The financial terms of the acquisition were not disclosed.
“Patriot operates as a family-run business with a loyal driver base and strong customer relationships. The acquisition will provide Patriot and its customers with additional capacity, new service offerings, and increased economies of scale,” PS Logistics said.
Patriot was founded by David Spencer and Rex Ready and currently employs about 75 truck drivers.
“PS Logistics will be an amazing partner for our business,” said David Spencer. “Both our companies are family-oriented and share positive workplace practices, creating an ideal environment for everyone to grow and prosper. Over the last several decades Rex and I built a successful trucking operation serving outstanding customers with dedicated employees. We are pleased PS Logistics will continue that tradition with the same commitment to service with our experienced and dedicated drivers and employees.”
Patriot will be operated by PS Logistics subsidiary Blair Logistics, LLC under the leadership of Spencer, Ready, and Blair CEO Jay Bowling.
Since 2007, PS Logistics has acquired 22 trucking and brokerage companies, including Jason Jones Trucking and WilMar Trucking in 2021.