In a significant move to strengthen its presence in the expedited transportation sector, Load One, a Michigan-based logistics service provider, announced on October 25 its acquisition of Tri-State Expedited Service, Inc. Located in Millbury, Ohio, Tri-State has a well-established reputation in the industry since its founding in 1978. Operating 124 power units and employing 154 drivers, Tri-State offers expedited transportation services across all 48 states in the United States, as well as in Mexico and Canada. This acquisition is set to bolster Load One’s North American network of owner-operators, carrier partners, and company drivers, enhancing their ability to provide exceptional service for time-critical, time-sensitive, and high-value freight needs.
Load One’s CEO, Jack Donnell, expressed his enthusiasm for integrating Tri-State’s brand and extensive experience into their operations. He emphasized that the merger will not only consolidate the company’s position as a leader in North American ground expedite transportation but also elevate service standards. “The combination of our two companies’ strengths will solidify our leadership in the market and make us a powerhouse in the expedited transportation sector,” Donnell said. Similarly, Korey Walper, CEO of Tri-State, praised the compatibility of both companies, highlighting Load One’s dedication to meeting critical shipping needs. Walper expressed confidence in Load One’s ability to manage Tri-State’s longstanding reputation effectively.
Strengthening Service Capabilities Amid Industry Consolidation
To bolster its position in the expedited transportation sector, Michigan-based logistics provider Load One announced its acquisition of Tri-State Expedited Service, Inc. on October 25. Tri-State, established in 1978 and headquartered in Millbury, Ohio, is known for its robust reputation in the industry. With 124 power units and 154 drivers, Tri-State offers expedited transportation services throughout the 48 contiguous U.S. states, as well as in Mexico and Canada. This acquisition aims to strengthen Load One’s North American network of owner-operators, carrier partners, and company drivers, enhancing the company’s ability to meet time-critical, time-sensitive, and high-value freight demands.
Load One CEO Jack Donnell expressed excitement about merging Tri-State’s brand and expertise with their operations. He emphasized that the union would not only solidify Load One’s leadership in North American ground expedite transportation but also elevate their service standards. “The combination of our strengths will make us a powerhouse in the sector,” Donnell remarked. Tri-State CEO Korey Walper also praised the compatibility of the two firms, highlighting Load One’s commitment to critical shipping needs and expressing confidence in their ability to uphold Tri-State’s esteemed reputation.
