ABF Logistics acquires Smart Lines Transportation Group

FORT SMITH, AR – ABF Logistics has acquired Smart Lines Transportation Group, LLC, a privately held truckload brokerage firm based in Oklahoma City, OK for $5.17 million in cash.

Smart Lines, founded in 2003, has 24 employees and approximately $18 million in annual revenue, primarily serving the food, energy and industrial segments.

The deal, effective Jan. 2, 2015, expands ABF Logistics into the Oklahoma City market.

ABF Logistics President Jim Ingram said the purchase of Smart Lines Transportation Group is an important step in ABF’s strategy to grow the business and provide a variety of supply chain services to customers.

“We believe the talent pool in Oklahoma City is vibrant and thriving, making it an ideal location for ABF Logistics’ first branch outside the Fort Smith area,” he said. “We have plans to aggressively expand this branch and are excited about the growth prospects ahead.”

Greg Roush, who founded Smart Lines and served as president, has been named branch director of the Oklahoma City location, now officially known as ABF Logistics. He has 30 years of experience in the trucking industry, primarily in the truckload segment.

“Smart Lines is a natural fit for ABF Logistics,” Roush said.

 

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