What happened

PS Logistics announced that subsidiary Loudon County Trucking acquired substantially all assets of Roane Transportation Services, Roane Logistics and B&W Leasing. The company described the transaction as completed on November 5; financial terms were not disclosed.

Roane will operate as Roane Transportation, a division of Loudon County Trucking. PS Logistics says Roane co-founder Steve Kennedy will continue to lead the division.

Who and what move into the network

PS Logistics says Roane has more than 170 company, lease-purchase and owner-operator drivers, with operations in Rockwood and Memphis, Tennessee, and El Paso, Texas. The fleet specializes in flatbed and Conestoga freight and primarily hauls aluminum, steel, electrical products and building materials in the Southeast and Midwest.

Roane Logistics also provides freight brokerage and warehousing. FreightWaves reports the acquired carrier has 189 power units, while the official announcement describes PS Logistics' broader network as more than 5,000 trucks, 9,800 trailers and 65 locations.

Driver and customer meaning

The official announcement says local leadership and the Roane operating name will continue. It does not announce terminal closures, layoffs, a driver-pay change, contractor reclassification, route eliminations or a conversion date for equipment or operating systems.

Drivers and owner-operators should rely on direct company instructions for dispatch, payroll, benefits, lease-purchase terms, fuel programs, safety procedures and branding. An acquisition announcement alone does not change an individual contract.

What remains unknown

The parties did not disclose the purchase price or detailed integration timetable. The announcement also does not separate the more-than-170 total into exact company-driver, lease-purchase and owner-operator counts.

Any later workforce, terminal or service changes should be treated as separate developments and verified through direct notices or public records before being reported as completed.

Primary sources and supporting records

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