Pilot Freight Service Acquires Metro New York Franchise
GLEN MILLS, PA – November 4, 2020 – Pilot Freight Services (Pilot), a worldwide transportation and logistics services provider backed by ATL Partners and British Columbia Investment Corporation (BCI), has acquired the Metro New York franchise and will be seamlessly integrated into Pilot’s corporate organization effective November 1, 2020 with no disruption in service offerings or senior management. The Metro New York franchise is a strategic asset due to the high concentration of deliveries for the Pilot system and the sustained sales growth across all service offerings.
The acquisition enhances Pilot’s operational control over the most unique inbound market in the company’s nationwide network. The leadership and employees of the franchise will join the Pilot organization as part of the transaction and will continue to play a role in the long-term growth of the company. Pilot has acquired 26 franchise locations over the last three years and completed the acquisition of last mile logistics provider, Manna Freight Systems, in 2018. As a result of these acquisitions, over 90% of Pilot’s locations are company owned.
“Pilot’s expertise and our flexible solution model is our key differentiator. The Metro New York franchise has found success in delivering heavy bulky freight in one of the most challenging markets whether B2B or direct to consumers,” explains Gordon Branov, chief executive officer of Pilot Freight Services. “We welcome the franchise employees and leadership to the Pilot corporate team and know that they will continue to contribute to the long-term growth, success and stability of our company.”
Over the last six months Pilot has experienced a surge in e-commerce delivery volume as rising consumer demand for outdoor lifestyle products, appliances and home furnishings have reached peak levels. Pilot’s expertise in the heavy and hard to handle (H3D) market has propelled the company to expand white glove service offerings under the branded Pilot Last Mile Home delivery service while attracting national retailers seeking an elevated customer experience. Domestic business-to-business volumes continue to recover while global freight movement remains at a high volume largely due to shipments of PPE equipment from Southeast Asia and production facilities resuming manufacturing at pre-pandemic levels.