Penske Logistics has successfully completed its previously announced acquisition of Black Horse Carriers Inc., a privately held logistics company based in Chicago.
"We are pleased to have completed the acquisition and we now look forward to our work together as one team in the coming year," said Marc Althen, president of Penske Logistics. "We remain focused on delivering exceptional customer service as we integrate this business into our existing dedicated contract carriage operations."
Penske Logistics handles deliveries for a variety of leading companies in industries including automotive, CPG, food, grocery, beverage, manufacturing, quick-service restaurants, healthcare, and convenience store chains, which coincides with Black Horse Carriers’ focus of providing services to the food and grocery, retail, bakery, dairy, CPG, manufacturing, and automotive industries.