Dedicated Transport Inc. has announced a management-led buyout of the company from Distribution Technologies Inc.
Dedicated Transport LLC will now operate as an independent company
providing dedicated contract carriage and logistics services to manufacturers, distributors and retailers. The transition is effective immediately.
In addition to the company’s management, Dedicated Transport has also secured financial backing from two premier private equity firms, Centerfield Capital Partners and Patriot Capital.
Dedicated Transport will remain headquartered in Cleveland, Ohio with the same management team, headed by Frank Wagner, president & CEO, and Tom McDermott, executive vice president.
“The ownership transition will be transparent to our customers. They will continue to receive the same reliable, high-quality value-added services that they’ve come to expect from us,” Wagner said.
For more information, visit www.dedicatedtransport.com.


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