Pilot Freight Services Buys American Linehaul
August 24, 2021
Freight Services (Pilot), a worldwide transportation and logistics services
provider backed by ATL Partners and British Columbia Investment Management
Corporation (BCI), has formed a strategic partnership by entering into an asset
purchase agreement with American Linehaul Corporation (ALC), a non-asset based
provider of expedited LTL (less than truckload) services in the United States.
The transaction occurred on July 30, 2021. Terms were not disclosed.
This partnership provides 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,” said Zach Pollock, chief executive
officer, Pilot Freight Services.
as a separate entity under the American Linehaul name, ALC founders Enzo & Beth
Vartuli will lead the partnership with their key management personnel. American
Linehaul will continue to operate as a neutral linehaul provider for the freight
forwarding community, like forwarder networks who have done so in the past.
“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,” said Mr.
Pilot’s full mile solutions continue to benefit from the healthy e-commerce
growth within the heavy, bulky product categories. Through this transaction,
these segments can meet growing demand free of third-party LTL carrier capacity
and other constraints. “Pilot serves as a key partner to many shippers who are
experiencing the rapid growth and increasing transportation requirements
associated with e-commerce,” said Mr. Pollock. “Our partnership with ALC is a
natural fit and another successful step in Pilot’s e-commerce strategy.”