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PS Logistics Completes D. Mosley Trucking Acquisition

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PS Logistics Completes D. Mosley Trucking Acquisition

PR Newswire

BIRMINGHAM, Ala., Aug. 23, 2018 /PRNewswire/ -- PS Holdco, LLC ("PS Logistics") today announced that one of its subsidiaries has completed the acquisition of substantially all assets of D. Mosley Trucking, Inc. and DMT Logistics Services, Inc. (collectively, "DMT" or the "Company"). Financial terms of the transaction were not disclosed.

DMT, headquartered in Lawtey, Florida, has approximately 60 drivers and a seasoned management team leading the Company. The Company is committed to providing excellent service, supporting its drivers and long-term customers.

The transaction will further strengthen PS Logistics' operations in the Southeast and provide it with an additional terminal in Lawtey, FL. DMT gives PS Logistics inroads to the 53-foot trailer market and the ability to enhance its over-length service to existing and future customers. The incremental 53-foot equipment expands PS Logistics' service offering regionally for over-length demand and offers broader services to the family of PS Logistics' customers.

"We are proud to welcome D. Mosley to the PS Logistics family," said Scott Smith, Chief Executive Officer of PS Logistics. "We look forward to working with their great flatbed drivers and operations group, while continuing their top-notch customer service."

"I have known the PS Logistics team for many years and I am happy to be partnering with them," said Dale Mosley, President and Founder of DMT. "Over the last few decades, we built a successful flatbed trucking operation serving outstanding customers with dedicated employees and we will strive to continue that tradition with the same commitment to excellence."

The DMT acquisition continues PS Logistics' acquisition strategy of partnering with families and owners within the flatbed trucking segment. Since 2007, PS Logistics has successfully acquired 13 trucking and brokerage operations.

"PS Logistics has been a great partner for us. They have been totally supportive of our employees, customers and drivers and we have grown our business beyond what I ever could have imagined in the first year," commented Norman Crow, who sold DT & Freight Company, Inc. to PS Logistics in 2017.

About PS Logistics

Founded in 2004, PS Logistics is one of the largest and fastest growing flatbed transportation solution providers in the United States. PS Logistics provides full-service transportation services, including asset-based transportation, brokerage, 3PL and supply chain services. This hybrid model delivers optimal flexibility to address customer's flatbed transportation needs in various industries throughout the United States.

Elizabeth Ayers
Elizabeth@schifinolee.com  
p. 813.258.5858 x. 238 

Cision View original content:http://www.prnewswire.com/news-releases/ps-logistics-completes-d-mosley-trucking-acquisition-300701640.html

SOURCE PS Holdco, LLC

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