Regency Transportation, Inc. of Franklin Mass. has entered into an agreement to acquire the assets of S&M Transport, Edison, N.J.
S&M was founded 25 years ago by its owner Robert Stacer; it is a truck load carrier with 23 local drivers covering much of the same network that Regency does.
Regency stated, “This is a great opportunity for us as we’ve been trying to grow our footprint in New Jersey for some time.” Beyond its driver pool, S&M has a small but excellent office staff, all of whom are expected to remain with Regency including Bob Stacer who will stay on in his leadership role during the transition period.
The integration of S&M into Regency’s operating procedures is expected to be quite complex. For that reason, the S&M team will continue to have day-to day autonomy over their driver pool for the short-term. Over the next few months Regency will evaluate the best way to transition resources, systems and best-practices.