FST Logistics, an employee-owned third-party logistics company headquartered in Dublin, Ohio, today announced the acquisition of Hyway Trucking, a transportation company based in Findlay, Ohio.
This strategic move marks a significant milestone in FST Logistics’ growth strategy and strengthens its position in the logistics industry, according to a statement from FST.
FST Logistics said this acquisition is a testament to the company’s commitment to diversifying its service capabilities to serve its customers better.
Hyway Trucking, located in Findlay, Ohio, has built a strong reputation for its transportation services. This acquisition brings together two Ohio-based companies with a shared vision of delivering excellent service and partnerships to their customers, FST said in its statement.
By integrating Hyway Trucking’s operations, FST Logistics said it can extend its reach and strengthen its transportation and logistics industry presence. This move also promotes diversification within FST Logistics, and allows it to broaden its customer base and offer extended services through dry and full-truckload assets.
The consolidation of operations between the two companies will translate into cost savings and operational efficiency as resources are enhanced. Hear what , has to say on the acquisition.
“FST Logistics proudly welcomes Hyway Trucking and its valued customers to our family,” said Matt Hartman, Chairman and CEO of FST Logistics. “As a 100% employee-owned company, we are committed to delivering excellence to our partners (customers and vendors), community, and shareholders. With the addition of Hyway Trucking and its asset-based truckload model, we are now uniquely positioned to offer unparalleled transportation and logistics full-service solutions to our customers, ensuring our ongoing commitment to the success of FST.”
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