P&S Transportation LLC, a PS Logistics subsidiary, announced today that it has purchased all substantial transportation assets of Clay’s Transport Inc. and Clays Logistics LLC, or, together, “Clay’s,” a privately-owned interstate trucking and brokerage company that specializes in flatbed shipping in the Southeastern United States.
Headquartered in Brookhaven, Mississippi, Clay’s maintains a fleet of 35 tractors and 50 trailers. The company primarily hauls general flatbed freight, including lumber, metals, and steel, the types of freight in which P&S also specializes.
The acquisition will provide Clay’s, its customers, and its drivers with additional capacity, new service offerings, and increased economies of scale.
Organizationally, Clay’s will be managed by James Waldrop as a separate division of P&S Transportation under the leadership of Houston Vaughn, president and COO, P&S Transportation. Clay’s will continue to operate under the Clay’s Transport brand name.
“P&S will be a great partner for our business,” Waldrop said. “Both of our companies are committed to our drivers and their success, and we share a positive culture that creates an ideal environment for everyone to grow and prosper.”
The Clay’s acquisition continues PS Logistics’ acquisition strategy of partnering with families and owners within the flatbed trucking segment. Since 2016, PS Logistics has successfully acquired 26 trucking and brokerage operations. Financial terms of the Clay’s transaction were not disclosed.