Dupré Logistics recently completed the acquisition of Michigan-based TTS Logistics, marking the company’s entry into the specialty produce transportation market.
TTS Logistics now will be known as TTS Logistics, a Dupré Logistics Company.
Dupré provides energy and chemical transportation logistics services. The TTS Logistics acquisition will assist Dupré in achieving its goal to grow the asset light business unit to $200 million by 2024.
“While we have experienced exponential organic growth of our asset light business since 2016, we’ve been searching for the right partner to add talent and expertise to ensure that we reach our strategic goals,” said Mike Weindel, president of Dupré. “TTS is an attractive acquisition partner because of our similar cultures, the ability to add a new market sector to our business, and opportunities to grow regional capabilities.”
Weindel called the TTS acquisition “a perfect opportunity” as Dupré already runs some highly specialized temperature-controlled freight and has long recognized an opportunity for growth in the produce vertical. The strength and expertise of TTS in that area will help Dupré achieve its goals in the competitive market.
“TTS met all four criteria established by Dupré for acquisitions, which included improving the performance of the company purchased, acquiring skills or technologies more quickly than could be built in-house, exploiting industry-specific scalability and picking winners early to help them develop their business,” said Brent Hebert, chief administrative officer at Dupré.
Dupré said it will integrate the TTS team over the next six months. The company is adding 15 TTS employees based at offices in Grand Rapids and Mount Pleasant MI.
Dupré, headquartered in Lafayette LA, operates approximately 750 trucks and employs more than 1,100 professional drivers.
Visit duprelogistics.com for more information.