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
Virginia Governor Announces Big Money For Forestry Improvements
In Crimora on Monday, Governor Terry McAuliffe announced investments in the state's Department of Forestry amid protests over the proposed Atlantic Coast Pipeline. Governor McAuliffe announced money for two programs in the Department of Forestry. One is designed to...
Have A Question?
Send Us A Message