InstiCo Express, LLC Acquires Assets to Continue Expansion of Dedicated Fleet Services
InstiCo Express, LLC, a wholly-owned subsidiary of InstiCo Freight Management, Inc., has expanded its market presence with the acquisition of certain assets from Morrison Road Transportation, LLC. The acquisition, completed on June 4, 2016, continues the overall growth plan to increase equipment offered, lanes serviced and services provided.
“The acquisition of drivers and customer contracts advances the company’s overall strategy for its dedicated fleet, increases market share, and diversifies the company’s customer portfolio,” said John Hernando, President and CEO of InstiCo Freight Management, Inc.
InstiCo Express, LLC is a full truckload asset-based carrier offering over the road and dedicated services throughout the United States. The acquisition expands the company’s presence in AL, KY, and TN and now operates 42 tractors, 11 refrigerated, and 62 dry van trailers nationwide.
InstiCo Freight Management, Inc., dba InstiCo Logistics and InstiCo Global Logistics is a 3PL and is licensed through the Federal Motor Carrier Safety Administration and Federal Maritime Commission as a Broker and Freight Forwarder respectively. InstiCo is nationally certified as a Minority Business Enterprise. The company is a full service transportation broker, Freight Forwarder, and Indirect Air Carrier offering its customers logistics and supply chain solutions. In addition, InstiCo Express, LLC offers dedicated, expedited, and over the road transportation solutions.
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