Haney and White Enterprise, a Shepherdsville, Kentucky-based company that owns Haney and White Logistics and Running Ox Logistics today announced it has finalized the acquisition of B.R. Williams Trucking and B.R. Williams LTL Logistics.
This acquisition of an established transportation firm headquartered in Oxford, Alabama, integrates four transportation entities under Haney and White Enterprise ownership, including:
- Haney and White Logistics, an asset-light logistics company
- Running Ox Logistics, which specializes in freight brokerage
- B.R. Williams Trucking and B.R. Williams LTL Logistics, which brings synergistic advantages in trucking, warehousing and logistics
BRW will employ over 300 people across its locations in Kentucky, Georgia, Alabama, and Florida. The combined BRW will have immediate annual revenues approaching $100 million and expects to reach $250 million by 2030. With this acquisition, the company operates approximately 175 tractors, over 700 trailers, and five warehouses spanning over one million square feet.
“The combination of these four companies provides a dynamic, disruptive, and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability," said Nate Haney, co-founder of Haney and White Enterprise. "We're confident and excited to embark on this combined venture. Inspired by B.R. William’s legacy of excellence and unwavering commitment to customer satisfaction, we are eager to build upon this strong foundation and propel the company to new heights of success.”
The synergies in customer offerings across the integrated BRW companies provide an expanded suite of services and capacity for both existing and new customers, according to a statement from the company. These synergies will drive revenues for managed freight, brokerage, asset trucking and warehousing.
This strategy facilitates direct growth in the Southeast corridor from Indiana to Florida, with a focus on automotive manufacturers and suppliers, e-commerce and government contract opportunities for BRW, a statement from the company said. The company said the acquisition further enables BRW to replicate established customer bases across the upper Midwest and Southern regions of the United States.
B.R. Williams Trucking has been a family-owned and operated business since 1958. CEO and President Greg Brown assumed the position following his mother-in-law and co-founder Ruth Williams’ retirement in 1992.
“I am eternally grateful for the B.R. Williams family. I care about each employee who has been so devoted and loyal to the B.R. Williams brand,” said Brown. “I would like to express our heartfelt gratitude to our customers and partners for their continued support and trust for the past 66 years. With Haney and White at the helm, B.R. Williams is poised to reach even greater heights, further solidifying its reputation as a trucking, warehousing, and logistics industry leader, and look forward to a future of continued success and growth.”