ABF Logistics Buys Oklahoma Brokerage Firm

Transport Topics
January 09, 2015

ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million.

Smart Lines, which primarily serves the food, energy and industrial sectors, has 24 employees and generates about $18 million in annual revenue, ABF said.

ABF Logistics is the third-party logistics arm of ArcBest Corp. and a sister company to less-than-truckload carrier ABF Freight.

The acquisition, completed Jan. 2, expands ABF Logistics into the Oklahoma City market.

“The purchase of Smart Lines Transportation Group is an important step in our strategy to grow the emerging businesses at ArcBest and provide a variety of supply chain services to our customers in the way they expect,” ABF Logistics President Jim Ingram said in the Jan. 5 statement.

Greg Roush, Smart Lines’ founder and former president, is now branch director for the Oklahoma City location, which is officially operating under the ABF Logistics name.

ArcBest, based in Fort Smith, Arkansas, ranks No. 13 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.

Sign up for email updates at www.tdu.org and like us on facebook.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Vote No at UPS Action Kit

Take action to defeat givebacks at UPS with the latest contract bulletins and Vote No tools.

Central States Pension: Latest Financial Report

The Central States Pension Fund ended the first quarter of 2018 with assets of $14.8 billion, a loss of $172 million for the quarter ending March 31, 2018. However, the loss would have been much worse except for a one-time payment of $467 million by the Kroger Corporation; this was a lump sum payment to pull all Kroger and some Kroger-contractor employees out of the pension fund permanently.

View More News Posts