Pilot Freight Services has been acquired by A.P. Moller-Maersk for approximately $1.7 billion in cash.
A provider of end-to-end and last-mile solutions specializing in big and bulky B2C and B2B freight, Pilot Freight Services built out its last-mile home delivery solution through the acquisitions of Manna Freight Systems in 2018 and DSI Logistics in 2021, and expanded its middle-mile capabilities through the acquisition of American Linehaul Corporation in 2021.
“By investing in first-mile, middle-mile and last-mile and integrating them, we meet a clear customer demand,” said Narin Phol, regional managing director at Maersk North America. “This acquisition will add even more expertise and supply chain capacity to customers