On Monday, transportation and logistics company PS Logistics announced the acquisition of a family-owned Alabama trucking company.
Birmingham-headquartered trucking company Buddy Moore Trucking has been acquired by PS Logistics, company leaders say.
Following the acquisition, Buddy Moore Trucking will operate as a stand-alone division within PS Logistics, and will maintain current President and CEO Buck Moore in his leadership role.
Buddy Moore Trucking was founded in 1999 by E. H. “Buddy” Moore Jr. Since then, it remained family owned as it grew into a fleet of 517 trucks, and employs 438 drivers, according to the FMCSA’s SAFER website. Buddy Moore Trucking has a 130 truck flatbed division and a 120 truck dedicated van division.
E.H. “Buddy” Moore Jr. passed away in July of 2022 at the age of 88.
“We are very proud to welcome Buddy Moore Trucking to the PS Logistics family,” said Scott Smith, chief executive officer and co-founder of PS Logistics. “I have personally known the Moore family for decades and have tremendous respect for them and the company they’ve built over the last 24 years. BMT will complement PSL’s best-in-class ‘asset-right’ operating model with expanded flatbed and dedicated dry van capacity, diversified geography, and new end markets. In addition, Buddy Moore Trucking’s emphasis on providing outstanding customer service and a great place to work for its employees and drivers perfectly aligns with PS Logistics’ mantra to ‘deliver great’ while simultaneously maintaining a driver-first culture.”
“PS Logistics will be a great partner for our business,” said Buck Moore. “Over the years, I’ve witnessed how well they execute acquisitions and deliver value to their customers, drivers, and employees, and I look forward to what we will achieve together now that Buddy Moore Trucking has access to a larger freight network, additional capital, and wider array of customer solutions. Our family is very pleased that this transaction will continue to honor the legacy of Buddy Moore in this industry.”
Birmingham-headquartered PS Logistics was founded in 2004. Since 2016, the PS Logistics has acquired more than two dozen trucking companies.