Reported about 7 hours ago
LRT Group has acquired specialized less-than-truckload carrier XGS, known for handling oversized freight in the flooring industry, from Chattanooga, Tennessee. The deal is expected to enhance XGS's service offerings and operational capabilities. With a network of 30 distribution centers across the U.S., XGS aims to leverage LRT Group's resources for greater customer value. Prior to this acquisition, XGS was backed by Aterian Investment Partners and continued to grow through strategic acquisitions.
Source: YAHOO