AFS Logistics acquired DTA Services, Ltd., a Canadian freight bill audit, cost allocation and analytics firm located in Toronto to fuel further growth in Canada.
“DTA is a strong cultural fit for AFS, with an intense passion for helping clients exhibited by a 102-year history of success and a loyal customer base,” says Tom Nightingale, CEO, AFS. “With our combined presence and product offering, we have an incomparable opportunity to create value for our customers on both sides of the border.”
“It’s incredibly exhilarating to hand the reigns of this mature industry leader and exceptionally skilled team over to such a competent, strategic buyer who shares our values and passion for our staff and clients,” says Melissa Gracey, president and CEO, DTA. “Joining AFS is the right next step, allowing us to build on existing strengths and pursue new opportunities to serve the industry, while remaining laser-focused on doing what’s best for our clients for the next 102 years.”
From GlobeNewswire:
- As part of AFS, DTA will serve the Canadian market with an expanded portfolio of logistics services, adding less-than-truckload (LTL), parcel cost management, transportation management and a broader suite of audit services.
- In addition to new services, DTA’s core freight audit and payment offering will be enhanced by visibility into the $10 billion in annual freight spend managed by AFS.
- The current DTA office in Toronto will become AFS’s newest location, complementing the company’s seven other offices throughout the United States.
“This acquisition broadens and deepens our value proposition to clients in the U.S. and Canada through the trusted relationships DTA has built over decades,” says Scott Matthews, president, operating companies, AFS.