New York-based trucking company Leonard’s Express said it has agreed to buy Diamond State Warehousing & Distribution. Terms were not released for the deal, which Leonard’s said will be effective Sept. 9.
Leonard’s Express, Farmington, N.Y., is a family-owned transportation provider with truckload and less-than-truckload operations.
The carrier has 17 locations throughout the United States and also provides refrigerated, flatbed and intermodal services. It serves the lower 48 states and the Canadian provinces of Ontario and Quebec.
Leonard’s has more than 200 power units and 350 trailers, according to its website. The transaction will add about 40 power units to its fleet and about 62,000 square feet of warehouse space.
Diamond State, New Castle, Del., has warehousing operations and provides dry and refrigerated trucking as well as port and freight brokerage services. It specializes in imported fruit distribution.
“We find the business models and culture of Diamond and Leonard’s to be very compatible,” Leonard’s Express CEO Ken Johnson said in a statement.
Diamond State was started in 2004 by Pat and Rich Bastian, who will continue on in a management capacity.