Strategic Acquisition: Logisticus acquires KingSize Rail & Logistics to Bolster Rail logistics offerings
October 22, 2024
Logisticus (LG), a transportation logistics, project management and technology company, recently acquired rail logistics leader KingSize Rail and Logistics. This acquisition enhances LG’s capabilities in project logistics and shows their continued commitment to their customers.
This strategic move is set to significantly expand LG’s presence in the renewable energy space, enabling the company to offer a more comprehensive suite of services to its growing customer base. By integrating KingSize Rail and Logistics to LG’s service offerings, it just shows they are continuing to find ways to better serve their customers.
“We are thrilled to welcome KingSize Rail and Logistics to the Logisticus family,” said Vikash Patel, co-founder of LG. “This acquisition aligns with our long-term strategy to enhance our capabilities in the project logistics space and provide innovative solutions for our clients. KingSize brings a wealth of expertise and a strong track record in rail logistics, which will greatly complement our current offerings.”
Founded in 2019, KingSize has built a reputation for creating tools that allow the wind energy industry to move their large components via rail. Founder Chris King currently has nine patents related to wind energy component transport on rail. These patents help to increase the number of components transported by rail and paved the way for wind distribution centers that could handle multiple customer’s products.
“Logisticus’ vision for growth and its commitment to customer service made this a perfect fit,” said Chris King, founder of KingSize Rail and Logistics. “I am excited to join forces and leverage our combined expertise to create even more value for our customers.”
This acquisition marks a key milestone in LG’s plan to offer its customers an all-in-one solution to their project cargo. The integration process is expected to begin immediately, with both companies working closely to ensure a seamless transition for customers.
About Logisticus
Founded in November 2012, Logisticus Group (LLC), a certified Minority Business Enterprise (MBE), specializes in transportation logistics, project management and technology solutions serving projects throughout North and South America. At Logisticus Group, we believe our processes, technology solutions, personnel and business model deliver a more predictable, controlled, efficient and expedited project. Headquartered in Greenville, South Carolina, Logisticus Group was named the #2 Fastest Growing Company in the state in 2020. To learn more visit, www.logisticusgroup.com.
