For Immediate Release: June 4, 2024
For Immediate Release: June 4, 2024
Atlanta, Georgia, June 4, 2024 – FLS Transportation Services Limited (“FLS”), a leading cross-border third-party logistics provider (3PL), proudly announces the acquisition of Anderson Transportation & Logistics, LLC (“ATL”), a South Carolina-based company. This strategic move will expand FLS’s scale and density in the highly fragmented truckload (TL) brokerage space, further asserting its position as a top 25 3PL in North America.
Founded in 2005 and headquartered in Anderson, South Carolina, ATL has built a reputation over its 19+ years of experience by leveraging an extensive flatbed carrier network to provide personalized transportation solutions to its North American customer base.
The combination of FLS’s 37+ years of cross-border expertise with ATL’s U.S. flatbed carrier network will significantly enhance the scale and coverage of the combined entities. This expansion will allow FLS to offer its customers a broader range of flatbed services and leverage its North American scale to support the growth of ATL’s existing base.
“ATL is one of the fastest-growing flatbed providers in our space,” said John Leach, Chief Executive Officer of FLS. “ATL’s commitment to delivering true value for its customers stems from its people, processes, and customer-first culture. The synergy between FLS’s extensive cross-border expertise and ATL’s robust flatbed carrier network will considerably boost our scale and coverage, enabling both companies to broaden our service offerings to our existing customer base.”
FLS currently operates through 19 branches across the United States and Canada. The acquisition of ATL, which includes adding two branches to FLS’s portfolio, is a pivotal component of FLS’s growth strategy, further strengthening its operational presence in the U.S.
“This acquisition creates a 3PL with revenues of approximately $600 million USD and provides a solid foundation to further accelerate our industry-leading growth,” added Leach.
ATL’s existing strong customer base will benefit from FLS’s almost four decades of logistics and transportation experience and its vast portfolio of services.
“We found an excellent partner with FLS Transport to deepen our current market position in the U.S. This combination allows us to offer our customers an expansion of geographies and enhanced capabilities by integrating with FLS Transport’s suite of services throughout North America,” said Mark Cutts and Keith Stewart, co-founders of ATL. “This partnership solidifies the commitment that we started the company with, focusing on exceptional service to our customers. Our primary focus has always been to give the best service possible to our customers, and the leadership and culture at FLS aligns perfectly with our long-term goals.”
Terms of the transaction were not disclosed.
Media Contact:
Betsy Dean
Marketing Manager
FLS Transportation
bdean@flstransport.com
www.flstransport.com