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B.I.G. Logistics acquires Xcell Logistics companies
Texas-based 3PL expands cross-border business with purchase of Mexico City-based 3PL and customs broker.
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Freight Brokers
Three digital freight matchers join forces to set shipment scheduling standard
A common API would ease friction and fragmentation among carriers, brokers, and shippers, say Convoy, J.B. Hunt, and Uber Freight.
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Investors flock to freight brokerages despite economic outlook
Mergers and acquisitions of brokerage firms continue even as cooling e-commerce tamps down transportation demand, Capstone Partners says.
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Epes Logistics Services acquires A Cooper Logistics
Deal brings together two longtime family-owned businesses based in the South.
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Amazon Freight adds more shippers to its network through link with MercuryGate TMS
Arrangement expands access to 40,000 Amazon-owned trailers and network of third-party drivers for full truckload freight.
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Arrive Logistics acquires cross-border business from Forager
Deal strengthens Arrive’s cross-border services and technology offerings in Canada and Mexico.
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Transportation Insight adds TMS vendor to stable with fourth acquisition in two years
Private equity-backed freight broker buys SwanLeap in move to build a multimodal transportation management platform.
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Private equity firm ponies up $1.3 billion to acquire Echo Global Logistics
Move is latest logistics sector buy completed by The Jordan Co.
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Nuvocargo raises $12 million in funding round
Cross-border logistics firm to build its product platform, ramp up hiring the U.S. and Mexico, add supply chain financing services for shippers and carriers.
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