In September 2011, Progressive Logistics Services (PLS) and LMS Intellibound (LMS) announced that the companies would merge to form Capstone Logistics, LLC. National Freight Handlers (NFH), a subsidiary of LMS, is also part of the combined company. With the merger, the combined organization is the undisputed leader in performance workgroup solutions for distribution and manufacturing.
The merger represents a natural progression of business for both companies. Together, PLS and LMS bring best of breed management at all levels of operations and industry best practices for performance. Unlike smaller competitors, Capstone Logistics offers a full spectrum of value-add services including process engineering expertise, professional field management, value added reporting, technology integration and support, consistent operating protocols, well-trained associates, safety expertise and a national footprint.
The Senior Leadership for the merged companies includes Tom Caudell, Chairman of the Board; Steve Taylor, Chief Executive Officer; Bill Harper, Chief Financial Officer; Tim Thornton, Chief Operating Officer; Chris Bray, Chief Partnership Officer.