Lawrence Transportation to Buy Va. Carrier

Moving company Lawrence Transportation said it will buy Virginia carrier William Edwards Inc.. Terms were not disclosed. Roanoke, Va.-based Lawrence said the acquisition will add about $10 million in revenue to Lawrence’s annual revenue of more than $60 million. It said it expects the deal to close by October.
William Edwards’ General Manager Glen Skelton and Safety Director Jim Belshee will join Lawrence’s team, Lawrence said in a statement.

Founded in 1971, Verona, Va.-based William Edwards primarily serves the East Coast. It has about 70 trucks and 175 trailers, according to American Trucking Associations’ fleet data. Lawrence, which has been in business since 1932, also has logistics, storage services and truck leasing operations. It has about 200 trucks and 450 trailers, according to ATA data.

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