PS Logistics Buys Buddy Moore Trucking
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PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.
No details were provided on the price PS Logistics paid. The company was not immediately available for comment.
“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,” said PS Logistics CEO and Co-Founder Scott Smith.
PS Logistics ranks No. 33 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. It ranks No. 3 on TT’s top flatbed/heavy specialized carriers list as well as No. 41 on the top truckload carriers list.
Acquisition-minded PS Logistics owns 1,900 tractors, and runs 1,350 lease-to-own tractors and 700 owner-operated tractors. It owns 6,400 trailers.
PS Logistics said Jan. 8 the acquisition enhances its flatbed, dedicated dry van and brokerage operations, as well as diversifying its modal and service offerings in the southeastern United States.
The deal is the third acquisition in the past six months for PS Logistics. In 2023, the company bought Jacksonville, Fla.-based Rinaudo Enterprises and another Birmingham-based carrier, Action Dedicated.
Rinaudo mainly hauled oversize and overweight industrial equipment for the infrastructure, construction, agriculture and forestry end markets. Action Dedicated specialized in hauling automotive components.
BMT was founded in 1999 and prior to the merger ran a 130-truck flatbed division and a 120-truck dedicated van division, in addition to operating a nonasset logistics division.
“BMT’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,” Smith said.
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BMT will operate as a stand-alone division of PS Logistics and continue to be managed by current CEO Buck Moore.
“PS Logistics will be a great partner for our business,” said 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 BMT has access to a larger freight network, additional capital and wider array of customer solutions.”
Since 2016, PS Logistics has acquired 25 trucking companies and five nonasset logistics operations across the United States.
