Daseke crosses $1B revenue mark with acquisition of three fleets

TSH & Co., which includes Tennessee Steel Haulers Inc., Alabama Carriers Inc. and Fleet Movers Inc., operates more than 1,100 trucks under its authority. Daseke also acquired The Roadmasters Group and Moore Freight Service.

Daseke (No. 37 on the CCJ Top 250), a flatbed and step deck conglomerate fleet, announced this week it has acquired three more fleets, which the company says will bring its 2017 revenues to $1.2 billion.

The three new companies now operating under the Daseke flag are Tennessee Steel Haulers & Co. (No. 144), The Roadmaster Group and Moore Freight Service. The terms of the acquisitions were not disclosed.

“Today is a significant milestone for Daseke, as our company’s total revenue, EBITDA and fleet size are all now approximately 40 percent larger,” said Don Daseke, president and CEO of Daseke. “We’ve added three exceptional organizations to our family of operating companies focused on unique sectors with promising growth characteristics.”

Tennessee Steel Haulers is a 100 percent owner-operator flatbed fleet operating 700-plus trucks and more than 1,100 flatbed trailers.

The Roadmaster Group is a high-security cargo carrier and the parent company of Tri-State Secured Transport, which runs mostly teams with more than 300 trucks, among others. Tri-State hauls hazardous and sensitive materials with vans, flatbeds and Conestogas.

Moore Freight Service is a specialized fleet that hauls commercial glass up to 17-by-10-feet. The fleet consists of approximately 177 trucks.

Since Daseke was founded in 2009, the company has grown from $30 million in revenue to now $1.2 billion in revenue. The acquisitions brings the total of Daseke-owned fleets to 16, which operate more than 5,200 tractors with more than 11,000 flatbed and specialized trailers.