P&S Transportation (PS Logistics) Acquires Clay's Transport and Clays Logistics

October 31, 2022

P&S Transportation, a subsidiary of PS Logistics, acquired Clay's Transport, Inc. and its sister brokerage Clays Logistics LLC from Reed Capital Investors and James Waldrop. The deal, which closed October 31, 2022, adds a Mississippi terminal, drivers and freight-brokerage capabilities to PS Logistics' national flatbed and multi-modal network.

Buyers
P&S Transportation, LLC, PS Logistics
Targets
Clay's Transport, Inc., Clays Logistics LLC
Sellers
Reed Capital Investors, James Waldrop
Industry
Trucking & Fleet
Location
Mississippi, United States
Transaction Type
Buyout

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