Birmingham-based flatbed trucking firm PS Logistics recently completed its acquisition of Diamond State Trucking, based in Malvern, Arkansas.
The deal continues PS Logistics’ acquisition strategy of partnering with families and owners within the flatbed trucking segment. Since 2012, PS Logistics has successfully acquired 18 trucking and brokerage operations.
“Diamond State has a great culture, quality drivers and a long-standing tradition of excellent customer service,” said Houston Vaughn, president of PS Logistics. “We look forward to working with their excellent drivers and experienced operations team to continue their great culture and strong customer service. Please join me in welcoming our newest addition to the PS Logistics family.”
Founded in 2004, PS Logistics is one of the largest and fastest growing flatbed transportation companies in the U.S. The company’s full-service transportation services include asset-based transportation, non-asset-based transportation, brokerage, third-party logistics managed transportation, warehousing, and supply chain services.
“Diamond State has a proud heritage dating back to 1928 when it began with one mule-drawn wagon that hauled coal,” said Rodney Allen, president and owner of Diamond State Trucking. “Today, we serve the U.S. with a modern fleet of equipment, and I look forward to continued growth and maintaining our best-in-class customer service. We have one of the highest retention rates in the country for drivers who believe in customer service, reliability and timely deliveries. We look forward to what the future holds for our combined company and our industry.”
The transaction further strengthens PS Logistics’ operations in the Southeast and provides it with an additional terminal in Malvern, Arkansas.