PS Logistics Continues Expansion with Acquisition of Clay’s Transport and Clays Logistics
Transaction marks PS Logistics’ fifth acquisition of 2022, further establishing the company in the Southeast by adding a terminal in Brookhaven, Mississippi
P&S Transportation LLC, a PS Logistics subsidiary, announced today that it has purchased all substantial transportation assets of Clay’s Transport Inc. and Clays Logistics LLC, or, together, “Clay’s,” a privately-owned interstate trucking and brokerage company that specializes in flatbed shipping in the Southeastern United States.
Headquartered in Brookhaven, Mississippi, Clay’s maintains a fleet of 35 tractors and 50 trailers. The company primarily hauls general flatbed freight, including lumber, metals, and steel, the types of freight in which P&S also specializes.
The acquisition will provide Clay’s, its customers, and its drivers with additional capacity, new service offerings, and increased economies of scale.
Organizationally, Clay’s will be managed by James Waldrop as a separate division of P&S Transportation under the leadership of Houston Vaughn, president and COO, P&S Transportation. Clay’s will continue to operate under the Clay’s Transport brand name.
The Clay’s acquisition continues PS Logistics’ acquisition strategy of partnering with families and owners within the flatbed trucking segment. Since 2016, PS Logistics has successfully acquired 26 trucking and brokerage operations. Financial terms of the Clay’s transaction were not disclosed.
About PS Logistics
Founded in 2004 and headquartered in Birmingham, Alabama, PS Logistics is one of the largest and fastest growing flatbed transportation and logistics providers in the United States. PS Logistics provides full-service transportation services, including asset-based transportation, non-asset-based transportation, brokerage, third-party-logistics-managed transportation, warehousing, and supply chain services. This hybrid model delivers optimal flexibility to address customers’ flatbed transportation needs across various industries throughout the United States.