Unified Logistics Holdings has acquired McTyre Trucking Company, Inc., based in Orlando, Florida, USA. Headquartered in Bethesda, Maryland, Unified Logistics is a specialized logistics company focused primarily on the handling, transport and delivery of hard-to-deliver freight, particularly highly urgent and/or over-dimensional freight.
McTyre, founded in 1947, primarily provides engineered transport of large structures (bridge steel, power grid equipment, highway and airport structures). McTyre also transports mega-heavy shipments in the nuclear and electrical power industries, including industrial machinery and processing equipment.
"We are very excited to join the Unified group of specialized transportation companies," said John McTyre, Sr., president of McTyre since 1974 and COO of the company going forward. "Unified's focus on companies specializing in over-dimensional, highly urgent, and difficult to deliver rigging and hauling will provide the right synergies and geographic reach for McTyre and our Unified partners to grow together. We look forward to the positive impact on McTyre and our customers."
John McTyre, Jr. (Johnny) will continue in his position of vice president and overseeing the mega-heavy shipments.
Geoff Davis, longtime CEO of Unified and now CEO of McTyre, said: "We are excited about the acquisition of McTyre and look forward to continuing to build Unified into the premier logistics provider of urgent and over-dimensional freight. Working with our companies and customers, we expect to develop Unified into the premier provider of engineered, time-critical, over-dimensional, and differentiated transportation services."
McTyre will join other specialized rigging and hauling companies acquired by Unified since 2008, including Silk Road Transport, Silk Road Translink, Benchmark Logistics, Great Lakes Heavy Haul and Specialized Carriers.
"We will continue our focus on transporting the most difficult freight with the most complex challenges," said Davis. "With the addition of McTyre to our other highly regarded industry leaders, Unified looks forward to assisting our existing management teams in expanding each company's service reach."
"We are delighted to continue our investments with Geoff and his Unified Logistics team", said Kevin Penn, managing director of ACI Capital, majority equity holder in Unified. "This transaction typifies our strategy of investing in growth-oriented companies that have leading market positions, excellent relationships and reputations with their customers and strong, knowledgeable management teams. ACI Capital has a long history of partnering with entrepreneurs to help them grow their companies."