PS Logistics just announced that its DMT Trucking LLC subsidiary has completed the acquisition of Noble LLC, Noble Trucking LLC, and Noble Logistics LLC (collectively “Noble”). The financial terms of the transaction were not disclosed.
The transaction will further strengthen DMT Trucking’s operations in the U.S. The combination of DMT Trucking and Noble positions PS Logistics as one of the largest 53-foot lightweight flatbed carriers in the country, with over 400 power units and more than 1,000 trailers that will enhance its overlength service to existing and future customers within the PS Logistics’ freight network.
Noble, headquartered in Scottsboro, Alabama, has over 100 trucks and 135 53-foot aluminum flatbed trailers, along with excellent drivers and a seasoned management team leading the company. The company was founded with one truck in 1962 by Sam Noble Sr. and was purchased in 2016 by his son Samuel and two long-term managers. Noble is committed to providing excellent service to its established customer base and to supporting its drivers.
“We are proud to welcome Noble to the PS Logistics family,” said Scott Smith, chief executive officer and co-founder of PS Logistics. “We look forward to working with Noble’s strong team of drivers and operators while also continuing to deliver best-in-class service to its customers.”
“We are happy to be partnering with PS Logistics and DMT Trucking,” said Samuel Noble Jr. “Over the last few decades, my father and our existing management team have built a successful trucking operation with dedicated employees that serve outstanding customers, and we will strive to continue that tradition with the same commitment to excellence. I have known the PS Logistics team for many years, and I look forward to working with them on their journey to become the preeminent flatbed carrier in the country.”
Harold Smith, president, DMT Trucking, said, “PS Logistics has been a great partner for DMT Trucking, and we are thrilled to welcome Samuel and the entire Noble family to our company. PS Logistics has been very supportive of our drivers, customers, and operators, which has enabled us to significantly grow our business. We wouldn’t be where we are today without them, and we look forward to continuing our growth story with Noble, just as we have done with our prior 53-foot trailer acquisitions of Dale Mosley Trucking, Wilmar Trucking, and Daryl Thomason Trucking.”
The Noble acquisition continues PS Logistics’ acquisition strategy of partnering with family-owned and driver-focused companies within the flatbed trucking segment. Since 2014, PS Logistics has successfully acquired and integrated 26 trucking and logistics operations.