OnLine Transport acquires Ferdinand trucking, logistics company
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
Greenfield-based logistics and trucking company OnLine Transport Inc. has acquired A/T Transportation LLC and its Automated Logistics Inc. division, based in the Dubois County town of Ferdinand. Financial terms of the deal are not being disclosed.
Founded in 2006, A/T Transportation has a fleet of over 90 trucks and 215 trailers to provide freight services throughout the U.S., according to the company’s website.
The company has about 50 employees in southern Indiana, and OnLine Transport Chief Financial Officer Chris Kothe told Inside INdiana Business there are plans to double A/T’s staff by the end of 2024.
Prior to the acquisition, OnLine Transport had just over 600 employees.
“We are combining two award-winning fleets to provide world class service and capacity to our shipper partners and provide opportunities for our employees to grow,” OnLine Transport CEO Kalvin Cook said in a news release. “Having closed our sixth recent acquisition, we will continue the momentum and execution of our plan to become one of the largest asset-based logistics providers headquartered in Indiana.”
Ferdinand is located about 130 miles southwest of Indianapolis and about 55 miles northeast of Evansville.
The acquisition of A/T is OnLine Transport’s second acquisition this year and sixth since 2019. The company also acquired McCammon Trucking in Hartford City in 2019.
OnLine Transport also has terminals located in Indianapolis, Jeffersonville, and Logansport in Indiana, as well as locations in Kentucky, Tennessee, Virginia, West Virginia, Texas and Pennsylvania.