LEBANON, Penn. – June 4, 2018 – Lebanon-based third-party logistics (3PL) company, DRT Transportation, announced today that they have expanded their Intermodal Division through the acquisition of the assets of an undisclosed regional trucking company. In this deal, DRT will add 120 Trailers, 16 drivers, and a staff of five. This will increase DRT’s intermodal division to over 500 pieces of equipment.
“We’re excited to add this new equipment increasing our capacity, but we’re more excited to add 21 new members to the DRT team,” Kemp said. “People by far are our most valuable asset.”
DRT will continue to operate primarily as a 3PL but will be able to call on the intermodal team to move cargo when capacity is scarce. Since the end of 2017, shippers have been continually wedged between capacity shortages and rising rates, which stems from an ongoing driver shortage.
“With the addition of 16 drivers, we are empowering all of our employees to bring new business solutions to our clients, and providing the reliability, flexibility and reassurance needed in today’s shipping environment,” Kemp said.
Although, DRT will continue to operate as a 3PL and asset owning IMC, the drivers will operate under a newly formed subsidiary, Latitude Intermodal Transport.
About DRT Transportation
DRT Transportation is a third party logistics company (3PL), as well as an asset-owning intermodal marketing company (IMC). DRT was founded in 2007 in Lebanon, Pennsylvania, and has expanded to additional offices in Houston, Texas, St. Paul, Minnesota and Kingsport, Tennessee. DRT is a five time Inc. 5000 honoree, and a member of the Transportation Intermediaries Association (TIA). DRT Transportation also been identified by the U.S. Environmental Protection Agency as a Smartway Transportation Partner, and the American Chemistry Council as a Responsible Care Partner.