PS Logistics acquires Phoenix Leasing of Tennessee, strikes deal with Colonial Freight Systems

August 25, 2022

PS Logistics (CCJ Top 250, No. 37), via its Loudon, Tennessee-based subsidiary Purdy Brothers Trucking, has acquired Phoenix Leasing of Tennessee, while also reaching an agreement with Phoenix sister company Colonial Freight Systems to contract with its drivers to continue to service to its southeastern cold-chain customers. Financial terms were not disclosed.

Acquired by PS Logistics in 2014, Purdy Brothers Trucking operates 144 trucks from terminals in Loudon; Princeton, Illinois; Zellwood, Florida; and White Post, Virginia. Colonial Freight Systems operates 250 trucks from terminals in Knoxville and Nashville.