Seven Logistics Companies Merge Into SalSon Logistics
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A group of seven logistics companies is set to merge under the banner of SalSon Logistics, with a focus on drayage and warehousing services, they said Aug. 5.
The seven companies merging are: SalSon, Sierra Trucking, Vision Logistics, West Group, East Group, Heavy Load Transfer and TriPack Logistics.
Once the merger closes, the enlarged SalSon Logistics will have about 1,000 employees and plans to hire a further 100 team members.
Based at its predecessor’s headquarters in Newark, N.J., plus Long Beach, Calif., SalSon will have around 3 million square feet of dry warehouse space across locations in California, New Jersey, Alabama and Washington.
The amalgamated company has 900 tractors but has a letter of intent to buy a further 100 tractors, as well as 2,500 chassis. It has 2 million square feet of yard space.
SalSon's expanded operations map. (SalSon Logistics)
As a result of the merger, the new entity will add locations across the West Coast, Midwest and Southern U.S.
Fisk
Founded in 1960 by Sal Berritto and Sonny DeMarco, SalSon previously had operations in Newark; Norfolk, Va.; Charleston, S.C.; Savannah, Ga.; Atlanta; Houston; Bakersfield, Inland Empire, Long Beach and Oakland, Calif.; and Tacoma, Wash.
SalSon’s expanded footprint will see enhanced operations in Savannah, Charleston and Norfolk, it said.
“We are thrilled to expand SalSon’s footprint and turnkey logistics model across the country, particularly in the West Coast, which will enable us to better serve our clients with a more comprehensive and efficient national logistics network,” said CEO Jason Fisk.
The deal was underwritten by investment from Boca Raton, Fla.-based private equity group Sun Capital Partners.
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