F.N.B. Capital Partners, L.P. has facilitated a management buyout of Cox Transportation Services, Inc. to capitalize on the growing demand for freight services in the U.S.

Information on the Target

Cox Transportation Services, Inc. (CTS), based in Ashland, Virginia, is a leading provider of transportation solutions specializing in time-sensitive full truckload freight. The company operates on local, regional, and national levels, catering to a diverse array of customers. Besides its core transportation services, CTS also offers logistics optimization capabilities, establishing itself as one of the largest licensed property brokers in Virginia.

CTS is recognized for its commitment to efficient service delivery and reliability, which has enabled the company to build strong relationships with its client base. This management buyout marks a significant step for CTS to enhance its operational capabilities and strategically position itself for future growth in the transportation industry.

Industry Overview in the Target’s Specific Country

The trucking industry in the United States has experienced substantial growth in recent years, driven by increasing demand for freight transportation services. With a robust economy and the expansion of e-commerce, the industry is pr