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

Republican Senators Introduce New Pension Bill

Senators Chuck Grassley (R-Iowa) and Lamar Alexander (R-Tenn) have introduced a pension bill, the “Multi-employer Pension Recapitalization and Reform Plan,” to deal with the crisis affecting millions of retirees, surviving spouse, and active workers in some 125 pension plans.

YRC Plans to Reduce Terminals

YRC management has announced they plan to reduce terminals from 384 to 320 by the end of 2020. In comparison, the combined Yellow and Roadway terminals that formed YRC Freight totaled 571 in 2009.

View More News Posts