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Haney and White , a 3PL , Acquires family-owned B . R . Williams ’ truckload and LTL companies . Tenney Group advises sell-side , B . R . Williams .
Haney and White Enterprise , a Shepherdsville , Kentucky-based company that owns Haney and White Logistics and Running Ox Logistics , specializing in transportation and brokerage services nationwide , has finalized the acquisition of B . R . Williams Trucking and B . R . Williams LTL Logistics . This acquisition of an established transportation firm headquartered in Oxford , Alabama , strategically integrates four prominent transportation entities under Haney and White Enterprise ownership , including Haney and White Logistics , an asset-light logistics company with robust sales and management structure ; Running Ox Logistics , which specializes in freight brokerage using cutting-edge technology solutions ; and B . R . Williams Trucking and B . R . Williams LTL Logistics , which brings substantial assets , capacity , a robust customer network , and synergistic advantages in trucking , warehousing and logistics . Together , the four entities will combine as an integrated services company , BRW .
“ The combination of these four companies provides a dynamic , disruptive , and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability . We ’ re confident and excited to embark on this combined venture ”
BRW will employ over 300 people across its locations in Kentucky , Georgia , Alabama , and Florida . The combined BRW will have immediate annual revenues approaching $ 100 million and expects to reach $ 250 million by 2030 through combined synergies and a growth strategy already in motion . With this acquisition , the company operates approximately 175 tractors , over 700 trailers , and five warehouses spanning over one million square feet .
“ The combination of these four companies provides a dynamic , disruptive , and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability . We ’ re confident and excited to embark on this combined venture ,” said Nate Haney , co-founder of Haney and White Enterprise . “ Inspired by B . R . William ’ s legacy of excellence and unwavering commitment to customer satisfaction , we are eager to build upon this strong foundation and propel the company to new heights of success .”
The synergies in customer o ! erings across the integrated BRW companies provide an expanded suite of services and capacity for both existing and new customers . These synergies will drive revenues across several verticals , including managed freight , brokerage , asset trucking and warehousing .
This strategy facilitates direct growth in the Southeast corridor from Indiana to Florida , with a focus on automotive manufacturers and suppliers , e-commerce and government contract opportunities for BRW . With the essential resources for expansion and enduring viability , the acquisition further enables BRW to replicate established customer bases across the upper Midwest and Southern regions of the United States .
B . R . Williams Trucking , a family-owned and operated business since 1958 , is a veteran in the transportation industry . CEO and President Greg Brown assumed the position following his motherin-law and co-founder Ruth Williams ’ retirement in 1992 . Under new ownership , the company remains committed to delivering dependable and efficient
72 customized logistics & delivery Magazine I fall / winter 2024