TA Services announces acquisition of Toronto-based Scout Logistics

TA Services Inc., a third-party logistics provider and division of PS Logistics, announced today it has completed the acquisition of Toronto, Canada-based Scout Logistics Corporation, a worldwide specialist in over-the-road transportation of perishable freight. The acquisition represents TA Services’ expansion into the cold-chain marketplace and rounds out its full-service logistics offering in North America. Financial terms of the transaction were not disclosed.

“Lorne Swartz, founder of Scout Logistics, and his team bring tremendous expertise and a proven track record of customer satisfaction in cold-chain logistics to TA Services,” said Scott Schell, CEO and President of TA Services. “The like-minded combination of TA Services and Scout Logistics will bring a combined culture that focuses intensely on customer experience, carrier partnerships and employee well-being. This is an incredible partnership and will make a lasting impact on the industry as a whole.”  

The acquisition accelerates TA Services’ growth, to $500 million in revenue, 650 employees, and over 20 global locations, spanning from Monterrey, Mexico, to Toronto, Canada.

“There is a large growth opportunity in Canada to expand value to shippers and carriers in general, and this partnership is an excellent opportunity to grow the Scout Logistics business with TA Services’ resources, systems, processes, and access to capital,” said Lorne Swartz, founder of Scout Logistics. “I am so proud to know that our cultures are both focused on providing the best experience for everyone we do business with. I could not be more excited for our employees and customers.”

The acquisition of Scout Logistics is another example of recent strategic developments in TA Services’ business, and an acquisition that builds on the acquisition of Top Gun Freight in November 2020, the merger with Sellers Logistics in February 2020, and the acquisition of certain assets of Celadon Logistics in April 2019. Reflecting this, in 2020, TA Services was named to Transport Topics’ Top 50 Freight Brokerage Firms and Inbound Logistics’ Top 100 Third-Party Logistics Providers lists. In addition, in 2020, Scout Logistics was recognized as a Platinum Club member of Deloitte Canada’s 50 Best Managed Companies.