PS Logistics completes acquisition of Roane’s flatbed, brokerage and leasing operations

The transaction is completed, but the price remains private

PS Logistics announced that Loudon County Trucking acquired substantially all assets of Roane Transportation Services, Roane Logistics and B&W Leasing. That wording describes a completed asset acquisition rather than a proposed transaction. Neither the company announcement nor independent reports disclosed the purchase price or detailed financing terms.

Roane adds specialized flatbed and Conestoga capacity

Roane operates with more than 170 company, lease-purchase and owner-operator drivers; FreightWaves and Trucking Dive report 189 power units. The carrier primarily moves aluminum, steel, electrical products and building materials across the Southeast and Midwest from operations in Rockwood and Memphis, Tennessee, and El Paso, Texas. The deal also includes freight brokerage, warehousing and leasing activities.

The local brand and leadership remain in place

Roane will operate as Roane Transportation, a division of Loudon County Trucking. Co-founder Steve Kennedy is expected to continue leading the operation. PS Logistics says the combination provides network and investment resources while retaining local management, but customers and drivers should still confirm whether billing, insurance, dispatch, safety or technology processes change during integration.

East Tennessee and industrial freight are central to the rationale

PS Logistics says Roane strengthens its presence in East Tennessee, particularly around the aluminum manufacturing sector, and complements its existing flatbed network. The commodity mix also connects the acquisition to construction, electrical and industrial demand. Those strategic benefits are company expectations; the parties did not publish a quantified revenue, cost-synergy or load-growth forecast.

The deal continues a long flatbed consolidation strategy

Commercial Carrier Journal reports that PS Logistics has acquired and integrated 32 trucking operations and five non-asset logistics businesses since 2016. FreightWaves places the broader PS Logistics network at more than 5,000 trucks, 9,800 trailers and 65 Eastern U.S. locations. Roane is therefore joining an established acquisition platform rather than becoming PS Logistics’ first specialized flatbed operation.

What drivers, shippers and brokers should watch

RoadHouse perspective: drivers should verify whether employment, lease-purchase, benefits, dispatch and maintenance contacts remain unchanged. Shippers and partner carriers should confirm operating authority, insurance, billing instructions, tender contacts and facility procedures before changing records. The continued Roane brand can preserve service continuity, but the legal operating entity and payment destination still matter.

Understanding the update

PS Logistics provides the authoritative transaction announcement and describes the intended operating structure. FreightWaves, Trucking Dive and Commercial Carrier Journal independently confirm the scope, reported power-unit count and acquisition history. Because the parties did not disclose price, financial projections or integration milestones, the article does not estimate them.

Questions to consider

• Which authority, insurance certificate and billing entity should be used after the acquisition?
• Will dispatch, driver compensation, lease-purchase or maintenance processes change?
• Which Roane terminals and commodity lanes will connect directly with the larger PS Logistics network?

Read the original reporting

This page provides an original summary and practical commentary. The linked source contains the full reporting. Older stories reflect information available on their published dates.

Sources used for verification

• FreightWaves report on fleet size, network and flatbed-market context — November 6, 2026 ↗ (opens in a new tab)
• Trucking Dive independent acquisition report — November 6, 2026 ↗ (opens in a new tab)
• Commercial Carrier Journal report on Roane and PS Logistics acquisition history — November 5, 2026 ↗ (opens in a new tab)