Indianapolis-based Direct Connect Logistix and Tipton Holding Group, parent company of Hoosier Logistics, announced that they will join forces to create a “national leader in third-party transportation and logistics services.”
Also based in Indianapolis, Hoosier is a freight brokerage company that specializes in asset-light, temperature-controlled transportation solutions for food, beverage and related industries.
“We will immediately gain scale and resources from this transaction and will benefit from Hoosier’s roster of blue-chip food and beverage customers,” says DCL CEO Richard Piontek, who will lead the combined company. Hoosier Logistics CEO Rob Likens and COO Nick Likens will remain with the company and help lead an expansion plan for DCL’s brokerage operations.
“DCL shares our corporate values and has a growth plan that will benefit our employees and our customers as we build this platform together,” say the Likens.
The transaction comes just a few weeks after DCL’s acquisition of Performance Logistics, a cold food chain-focused freight brokerage based in Salt Lake City. With operations in the Midwest and Mountain West plus Texas, the addition of Hoosier gives the combined company a larger regional and national presence along with a customer base that will drive additional organic growth.