PS Logistics subsidiary DMT Trucking LLC has completed the acquisition of flatbed carriers Noble LLC, Noble Trucking LLC, and Noble Logistics LLC (collectively “Noble”).
The deal will further strengthen DMT Trucking’s operations in the U.S., according to a news release. The combination of DMT Trucking and Noble positions PS Logistics as one of the largest 53-foot lightweight flatbed carriers in the country, with about 400 power units and 1,000 trailers that will enhance its overlength service within the PS Logistics’ freight network, according to the company.
Noble, headquartered in Scottsboro, Alabama, has about 100 trucks and 135 53-foot aluminum flatbed trailers in its fleet. 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.
“We are proud to welcome Noble to the PS Logistics family” said Scott Smith, CEO 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 of DMT Trucking, said, "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.”
Financial terms of the transaction were not disclosed.