TA Services Inc., a premier full-service logistics provider and subsidiary of PS Logistics, announced today it has completed the acquisition of San Diego, California-based KPI Logistics LLC, a multimodal third-party logistics (3PL) provider specializing in truckload, less-than-truckload (LTL), flatbed, and managed transportation services. The acquisition of KPI Logistics is part of TA Services’ commitment to continued brokerage growth and expansion of service offerings for new and existing customers. Financial terms of the transaction were not disclosed.
KPI Logistics was founded in 2010 and has built its foundation on collaborative, long-term relationships to serve the specialized needs of shippers throughout the U.S., Canada, and Mexico. KPI Logistics has appeared on both the Inc. 500 and Inc. 5000 lists of fastest growing companies for multiple years and has been recognized by the San Diego Business Journal’s list of 100 fastest growing private companies for three years in a row.
The acquisition accelerates TA Services’ growth to over $750 million in revenue, 800 employees, and 22 global locations, spanning from Monterrey, Mexico, to Toronto, Canada. KPI Logistics’ San Diego office expands TA Services’ U.S. footprint to coast-to-coast coverage and provides a greater presence on the West Coast for future growth.
“TA Services’ emphasis on people, process and technology makes this an excellent combination,” said Marc Macier, president, KPI Logistics. “Being part of the TA Services organization and having access to its numerous capacity solutions and additional resources will provide a great avenue to continue growing and offering a unique and value-added service to our customer base. We couldn’t be more excited to join forces with TA Services.”
The acquisition of KPI Logistics is another example of recent strategic developments in TA Services’ business, which builds on the acquisition of C2 Freight Resources in May 2022, Scout Logistics in August 2021, Top Gun Freight in November 2020, the merger with Sellers Logistics in December 2019, and the acquisition of Celadon Logistics in April 2019.