Toledo, Ohio-based Bolt Express has acquired Premium Transportation Logistics (PTL), another Toledo based expedited services provider.
Bolt Express, founded in 2001 has 410 power units and 510 drivers according to the Federal Motor Carrier Safety Administration’s database is a time critical delivery service provider with expedited and full truckload capabilities. With the addition of PTL’s 50 units and 53 drivers, Bolt looks to continue it’s quest to 1,000 trucks.
“We are very excited about this acquisition and the impact it will have on our plans for future growth and success. We are enhancing our ability to support our customer’s shipping needs and we will also see improvements to fleet utilization. We were very impressed with the PTL culture that emphasizes safety and customer service. They will be a great fit at Bolt and we are looking forward to welcoming and working with our new team members, drivers and customers.” Guy Sanderson, CEO Bolt Express