PLS Logistics Services Acquires D&L Transport
September 20, 2021
PLS Logistics Services, a technology-driven third-party logistics provider based in Cranberry Township, Pennsylvania, has acquired D&L Transport, a freight brokerage headquartered in Overland Park, Kansas. D&L will operate as an independent subsidiary with Brian DeFrain remaining president, and PLS expects the transaction to increase its annual revenue run rate to $950 million (with a projected ~$1.2 billion in 2022).
- Buyers
- PLS Logistics Services
- Targets
- D&L Transport
- Industry
- Logistics & Distribution
- Location
- Kansas, United States
- Transaction Type
- Buyout
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