Birmingham-based PS Logistics has purchased the 90-truck flatbed division of North Carolina’s ELS Transportation. The acquisition includes 240+ specialized over-length platforms for hauling building materials and industrial goods.
The deal marks the 30th company purchase by PS Logistics since 2016, furthering its focus on asset-based flatbed services across the U.S. This logistics company has selectively acquired regional family-owned flatbed fleets to expand its capabilities and geographical reach.
Expanding the Flatbed Fleet
The acquired ELS flatbed fleet will join PS Logistics’ Blair Logistics subsidiary, which provides over-length flatbed transportation. This pushes Blair Logistics to over 500 power units and 1,250 flatbed trailers nationwide.
Scott Smith, PS Logistics’ co-founder and CEO, stated the larger fleet will improve Blair’s service quality and coverage area. It also opens opportunities for drivers seeking flatbed loads.
ELS Retains Other Divisions
As part of the acquisition, ELS will retain its heavy-haul and intermodal divisions to concentrate resources. PS Logistics can potentially collaborate with ELS on moves needing both flatbed and specialized hauling.
ELS owner Tim Butts expressed confidence in them suitably managing the former flatbed equipment and drivers. He cited years of working in overlapping regions with shared customers.
Rapid Expansion Through Acquisitions
The ELS Transportation purchase caps a busy period. In December 2022, it acquired Alabama’s Buddy Moore Trucking and its 250-unit dry van and flatbed fleet.
By acquiring well-run regional flatbed fleets, PS Logistics quickly scales operations in this asset-intensive sector. While focusing on flatbed trucking, the company also provides freight brokerage, third-party logistics and managed transportation services.
Positioned for Growth
PS Logistics now operates over 1,750 units, predominantly flatbeds for the construction and materials industry. It has cultivated expertise in the niche over-length flatbed segment requiring specialized trailers.
The company’s selective acquisition strategy gives shippers confidence in working with them across wider regions. Customers benefit from expanded capacity and geographical reach as their own shipping needs grow.
The fleet expansion also promises drivers more backhaul and load opportunities through PS Logistics’ network. As the flatbed segment continues to see strong demand, the company is positioned for further growth in 2023.
By leveraging their expertise and resources, Lading Logistics aims to provide efficient and reliable international shipping and logistics solutions for their clients.