Hyway Trucking acquired by FST Logistics in a business deal out of Central Ohio.
FST is a third-party logistics company based in Dublin, Ohio. Hyway Trucking is based in Findlay, Ohio. The partnership is intended to give Hyway access to additional services for their customers, while expanding FST Logistics’ reach within the industry.
“FST Logistics proudly welcomes Hyway Trucking and its valued customers to our family,” said Matt Hartman, Chairman and CEO of FST Logistics. “As a 100% employee-owned company, we are committed to delivering excellence to our partners (customers and vendors), community, and shareholders. With the addition of Hyway Trucking and its asset-based truckload model, we are now uniquely positioned to offer unparalleled transportation and logistics full-service solutions to our customers, ensuring our ongoing commitment to the success of FST.”
“The consolidation of operations between the two companies will translate into cost savings and operational efficiency as resources are enhanced,” FST’s announcement reads. “The consolidation of operations between the two companies will translate into cost savings and operational efficiency as resources are enhanced.”
“The acquisition brings an immense amount of talent and expertise to FST Logistics. It provides access to Hyway Trucking’s skilled workforce and industry-specific knowledge, which can contribute to further innovation and growth in the evolving logistics industry. Overall, this strategic acquisition positions FST Logistics for enhanced competitiveness and sustainable development in the industry.”