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
Wood Pellets Becoming A Major U.S. Export – From The South, At Least
Wood pellets for burning are a high-profile alternative energy source in New England, but a new report shows that it’s the Southeast that is turning them into a big export commodity. A report by Wood Resources International released Tuesday said the U.S. surpassed...
Have A Question?
Send Us A Message