Acertus acquires Fisher Shipping to expand finished vehicle logistics network

Published Aug 13, 04:18 PM UTC

Acertus, a finished vehicle transportation provider based in Overland Park, Kansas, has announced its acquisition of Fisher Shipping, an Auburn, Massachusetts-based automotive logistics company. The deal expands Acertus' network of carriers and customers, and strengthens its relationships with OEMs and dealers. Financial terms were not disclosed. Fisher Shipping will continue to operate under its existing brand and leadership, with CEO Dave Fisher receiving an equity interest in Acertus and managing customer and commercial relationships for the combined organization. The acquisition follows another major consolidation move in the sector, as Proficient Auto Logistics agreed to acquire Hansen & Adkins for $130 million. The article notes that these acquisitions signal a push toward industry consolidation to gain scale, capacity, and technological sophistication in the car haul sector.