PS Logistics continues expansion with brokerage acquisition

August 20, 2021

TA Services, a third-party logistics provider and division of PS Logistics, has completed the acquisition of Toronto, Canada-based broker Scout Logistics Corporation, which specializes in refrigerated perishable freight. The terms of the acquisition were not disclosed.

Since 2007, PS Logistics has acquired 23 trucking and brokerage operations. The acquisition represents TA Services’ expansion into the cold-chain marketplace and rounds TA services said the acquisition accelerates TA Services’ growth to $500 million in revenue, 650 employees, and more than 20 global locations, spanning from Monterrey, Mexico, to Toronto.