Central States Trucking (CST) to Acquire O.S.T. Trucking
Oak Brook, IL –June 26, 2019 – CST, a Forward Air company founded in 1980 and currently one of the largest intermodal drayage companies in the United States, has entered into an agreement to acquire O.S.T. Trucking, Inc. and O.S.T. Logistics Inc., (collectively referred to as “O.S.T.” in this release). O.S.T. has provided industry-leading intermodal drayage services for more than 25 years.
It is anticipated that the transaction will close in July, 2019. O.S.T. will be the ninth acquisition CST has completed since it was acquired by Forward Air Corp. (FWRD).
O.S.T. is headquartered in Baltimore, Md., with locations in Norfolk, Va., Savannah, Ga., Jacksonville, Fl., and Charleston, S.C. O.S.T. staff will transition to CST, where they will continue to provide outstanding service to their customer base.
“We are thrilled to bring the O.S.T. team on board and expand our intermodal drayage capabilities. Adding 169 trucks and a team of more than 200 industry professionals to the Forward Air family is a huge win for our business,” said Matt Jewell, Chief Commercial Officer.
Please contact your CST sales or operations representative with any questions.