Premium Transportation Logistics’ (PTL) senior management team has acquired PTL from Magnate Worldwide.
The team comprised of president, Jeff Curry, longtime PTL operations manager, Keith Avery, and expedited transportation sales veteran, Brad Kelley, have announced the move that will see PTL will continue to serve the ground expedite market in North America.
“PTL is excited to take the next step in its growth while continuing to provide the high service levels that our customers demand,” said Jeff Curry, president of PTL.
“PTL is a great company with a great future. We look forward to continuing the partnership, in its new form, and utilising PTL for our expedited service needs,” noted Dante Fornari, chief executive officer of Magnate Worldwide.
The business is set to benefit from the senior management team’s combined experience of 75+ years. Curry is a veteran of both the finance and transportation industries serving previously as president of Express-1, sold to XPO Logistics in 2011.
Avery and Kelley have decades of experience in expedited trucking as well. Avery is the former vice president of Express-1. Kelley will join PTL to continue to increase the company’s sales efforts as PTL expands its geographic footprint.
PTL will also have an advisory board that includes former Express-1 CEO, Mike Welch, former COO of PTL, Jim Welch, and former CFO of XPO Logistics, John Welch. The advisory board will help guide leadership on strategic decision making during the next phase of the company’s lifecycle.