LOTS Group Acquires Bellwether FP
Integrated transport company LOTS Group has acquired Bellwether Forest Products based in Camden, SC. Bellwether is a full-service timber transport company working throughout the state, with the aim of inspiring a new generation of loggers and building long-term partnerships with wood markets and timberland owners.
The acquisition will enable the company to extend its service offering to new and existing clients, leveraging Bellwether’s extensive experience in the region.
Officials with both companies say the transaction reflects the future of forest products transportation in the Southeast, which has a huge but highly fragmented market served primarily by trucking capacity that lacks technology and professionalization. The LOTS Group is offering a model that improves efficiency, says Max Blatt, CEO.
Latest News
Pine Beetles Could Devastate Alabama’s $11 Billion Forest Industry
A full-grown Southern pine beetle is still about half the length of a grain of rice, but state and federal forestry officials worry this tiny bug could have a monster impact this year on the state of Alabama's $11 billion wood products industry. "With Southern pine...
Have A Question?
Send Us A Message