[ad_1]
By LM Staff ·
October 4, 2021
Glen Mills, Penn.-based 3PL services provider Pilot Freight Services recently announced it has acquired franchise stations in strategic markets in the Pacific Northwest and Oklahoma. The company said that these franchises will be seamlessly integrated into Pilot’s corporate organization with no disruption in service offerings or senior management.
“We are truly excited to welcome these long-term franchises to the Pilot corporate team and are confident these tenured teams will continue to contribute to the long-term growth of the company,” said Zach Pollock, chief executive officer of Pilot Freight Services, in a statement.
The new Pilot Franchise stations are based in Idaho, Oregon, Washington, and Oklahoma. The company said that these locations are all attractive assets because of their strong historical growth and operational performance.
And the company also observed that these new franchise locations serve a robust domestic and global customer-base, with a particular expertise in perishables freight forwarding. And they also said that the leadership and employees of the franchises will join the Pilot organization as part of the transactions.
“Backed by ATL Partners and British Columbia Investment Management Corporation (BCI), Pilot has acquired 35 franchise locations over the last four years and completed the acquisitions of Manna Freight Systems in 2018, DSI Logistics in 2021, and American Linehaul Corporation in 2021,” said Pilot. “As a result of these acquisitions, Pilot has transformed into a nearly 100% company-controlled model.”
October 4, 2021
Subscribe to Logistics Management Magazine!
Subscribe today. It’s FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Article Topics
Pilot Freight Services ·
[ad_2]
Source link