From the press release:
Romulus, Mich.-based United Road, one of the largest vehicle transportation logistics providers in the United States, announced today its acquisition of Autolog Auto Transport (Autolog), a Linden, NJ-based vehicle logistics provider. Michael A. Wysocki, chief executive officer, of United Road made the announcement.
“Adding the impressive expertise and established logistics network that Autolog brings to United Road’s existing portfolio through the acquisition is in line with our strategic growth plan,” said Wysocki. “As the automotive and vehicle logistics industries evolve, and the requirements of our various clients change, so must the solutions we can offer. Autolog has a proven track record in providing exceptional single unit transport services. The addition of Autolog will offer great value to clients, new and shared, by driving logistic network efficiencies, combining traffic, filling empty miles, developing contemporary services and devising new routes.”
We will have to wait and see how this plays out as they work through the integration process but there is certainly the potential for the smaller transport providers to be displaced if they were running any routes that URS needs to fill trucks on.