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ITS BUYS DCT

International Truckload Services (ITS) is growing again, having acquired David Cordingley Transport (DCT). Two years ago, at around this time, ITS bought CSI Logistics. I deconstructed that deal in this piece, Anatomy of an Acquisition. CSI...


International Truckload Services (ITS) is growing again, having acquired David Cordingley Transport (DCT). Two years ago, at around this time, ITS bought CSI Logistics. I deconstructed that deal in this piece, Anatomy of an Acquisition. CSI represented the first acquisition of ITS’s history. I asked ITS president and COO Rob Haggarty if he learned anything through that process that he was able to apply to the latest deal.

“Take your time and do a full due diligence. We have a team of experienced staff here now from the CSI acquisition that we are plugging into DCT,” he told me. DCT operates 26 tractors and 60 trailers, including a fleet of 10 curtainside flatdecks. This will complement the roll-tite division ITS has run since 2006. Rob told me ITS could be making further acquisitions either late this year or in early 2015. As always, you’ll read about M&A activity first on Trucknews.com.


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