The transaction enhances PS Logistics’ flatbed, dedicated dry van and brokerage operations, and it diversifies its modal and service offerings in the Southeastern United States, a news release stated.
Buddy Moore Trucking was founded in 1999 by E. H. “Buddy” Moore Jr. Operating nearly 25 years as a family-owned business, Buddy Moore Trucking has grown to include a 130-truck flatbed division, 120-truck dedicated van division and fast-growing non-asset logistics division.
“We are very proud to welcome Buddy Moore Trucking to the PS Logistics family,” said Scott Smith, chief executive officer and co-founder of PS Logistics. “I have personally known the Moore family for decades and have tremendous respect for them and the company they’ve built over the last 24 years. 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. In addition, Buddy Moore Trucking’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.”
Buck Moore, president and CEO of Buddy Moore Trucking said that PS Logistics will be a great partner for the business.
“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 Buddy Moore Trucking has access to a larger freight network, additional capital, and wider array of customer solutions. Our family is very pleased that this transaction will continue to honor the legacy of Buddy Moore in this industry.”
Organizationally, Buddy Moore Trucking will operate as a stand-alone division of PS Logistics and continue to be managed by Buck Moore, the news release noted.
The transaction continues PS Logistics’ acquisition strategy of partnering with families and quality owners within the transportation and logistics industry. Since 2016, PS Logistics has acquired 25 trucking operations and five non-asset logistics operations across the United States.
Born in Pine Bluff, Arkansas, and raised in East Texas, John Worthen returned to his home state to attend college in 1998 and decided to make his life in The Natural State. Worthen is a 20-year veteran of the journalism industry and has covered just about every topic there is. He has a passion for writing and telling stories. He has worked as a beat reporter and bureau chief for a statewide newspaper and as managing editor of a regional newspaper in Arkansas. Additionally, Worthen has been a prolific freelance journalist for two decades, and has been published in several travel magazines and on travel websites.