Penske Logistics to Acquire Epes Transport System
Penske Logistics has signed an agreement to purchase Greensboro, North Carolina-based Epes Transport System.
Penske Logistics has agreed to acquire Greensboro, N.C.-based Epes Transport System.
Photo via Epes Transport System
Penske Logistics has signed an agreement to acquire Greensboro, N.C.-based Epes Transport System.
Penske said it views the acquisition as a growth opportunity that will enhance the company’s existing portfolio of dedicated transportation and logistics solutions. Details of the transaction were not disclosed.
The acquisition was announced to Epes employees in late May and the agreement was made public in late June. Penske plans to maintain Epes' current leadership team.
Epes Transport is a regional truckload carrier that was started in 1931 and is one of the largest private trucking companies in North Carolina, according to the company. Penske Logsistics is a subsidiary of Penske Truck Leasing with operations in North and South America, Europe, and Asia, offering supply chain management and logistics services.
Related: Covenant Transportation Acquires Landair for $83 Million
More Fleet Management
July Imports Poised to Set Container Record
The National Retail Federation projects July container imports will surpass the pandemic-era record as shippers frontload freight ahead of expected August tariff increases.
Read More →
HDT Announces 2026 Truck Fleet Innovator Finalists
From AI and fleet electrification to safety, operations, and leadership, these HDT Truck Fleet Innovator finalists are changing how trucking gets done.
Read More →
Van Spot Rates Top Contract Rates for First Time Since 2022
There’s more good economic news for the North American trucking industry according to the latest Truckload Volume Index report from DAT.
Read More →
Carrier Transicold Extends Refrigerated Trailer Life
Fleet Refresh enables refrigerated fleets to replace aging transport refrigeration units instead of entire trailers, while adding Lynx Fleet telematics and BluEdge service coverage.
Read More →
FTR Says Freight Rates Surged in May
FTR's Trucking Conditions Index surged to a record high in May, the analytics firm reports.
Read More →
Meet HDT's Truck Fleet Innovators at Heavy Duty Trucking Exchange
Heavy Duty Trucking Exchange brings fleet managers and suppliers together for the deeper conversations that lead to ideas, partnerships, and solutions. Time is running out to apply for HDTX, September 23-25.
Read More →
Enhance Fleet Performance with High-Efficiency Auxiliary Power Units
Drive sustainable cost savings while increasing driver comfort during short- and long-haul logistics operations.
Read More →
Is Your Parts Procurement Process Reactive or Proactive?
Ready to revamp your parts procurement process? Learn how now with “Strategic Parts Purchasing: A Process Checklist”
Read More →
What Trucking Events are Happening in 2026?
Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.
Read More →
Truckload Rates Keep Rising as Tight Capacity Fuels Freight Market Recovery
Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
Read More →