Total Distribution, Inc, a wholly-owned subsidiary of Peoples Services, Inc., headquartered in Canton, Ohio, has acquired the assets of Swafford Trucking, Inc., Swafford Warehousing, Inc., and Swafford Transportation, Inc., based in Greer, Spartanburg and Greenville, South Carolina.
Terms of the sale were not disclosed.
The acquisition continues the strategy of further diversifying and expanding the services offered by TDI and its affiliates, according to a statement from the company.
Doug Sibila, chief executive officer of TDI said, “Adding the high-quality Swafford companies and services to our existing network will improve the service levels and flexibility to PSI and Swafford’s current customers.”
Swafford’s sterling reputation and history were a critical component and rationale for the acquisition, TDI said in a statement.
Van Swafford, founder of the Swafford companies said, “As founder of Swafford Companies, my goal was simple -- to build a company based on a high level of professional services. Good fortune and great customers, some for decades, have guided us to reach our accomplishments.
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“I am pleased to announce this new chapter in joining forces with TDI. Having known the TDI companies, Doug Sibila and his management staff as part of the International Warehouse Logistics Association and Insurance Captive for many years, I can see the opportunities and growth the company can provide. TDI’s values and expectations for service and people are second to none and are totally in line with ours at Swafford companies. I am thankful for the journey and wish all continued success.”
Total Distribution, Inc. is a third party logistics and warehouse provider. The combined TDI and PSI businesses operate over 10 million square feet of contract and public warehouse space located in 50 facilities in eight states including Michigan, Ohio, West Virginia, New Jersey, Virginia, North Carolina, South Carolina, and Florida. The PSI network offers a range of specialized material handling and storage services including many value-added activities such as drumming, milling, tolling, packaging, kitting, inventory management, transloading, cross docking, transportation, and brokerage services.
