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Pilot Freight Services has formed a strategic partnership with American Linehaul Corp. to expand its middle-mile expedited less-than-truckload capabilities, the companies announced Aug. 19.
The strategic partnership is part of an asset purchase agreement the companies entered into July 30. It is intended to provide enhanced service levels and offerings for time-definite shipments and the growing volumes of e-commerce products no longer handled by traditional expedited LTL networks.
“Bringing the capabilities of these two companies together represents an excellent opportunity to expand capacity and provide a stabilizing influence to counter the volatility in the linehaul and expedited LTL markets today,” Pilot CEO Zach Pollock said in a statement.
Pilot Freight Services is a transportation and logistics services provider that is backed by ATL Partners and British Columbia Investment Management Corp.
American Linehaul is a nonasset-based provider of expedited LTL services in the United States. Founders Enzo and Beth Vartuli will lead the partnership with their key management personnel.
Both companies will operate as separate entities under the American Linehaul name.
“Pilot’s investment and partnership will enable us to expand capacity in support of our freight forwarder customers, as we stay focused on achieving our long-standing goal of being the best-in-class U.S. linehaul provider,” Enzo Vartuli said.
American Linehaul will continue to operate as a neutral linehaul provider for the freight forwarding community, like forwarder networks that have done so in the past. Pilot will in turn continue to leverage its full-mile solutions to take advantage of e-commerce growth within the heavy, bulky product categories.
“Pilot serves as a key partner to many shippers who are experiencing the rapid growth and increasing transportation requirements associated with e-commerce,” Pollock said. “Our partnership with ALC is a natural fit and another successful step in Pilot’s e-commerce strategy.” — Transport Topics
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