Burris Logistics and Trinity Logistics have agreed to a merger that will combine a $3 billion refrigerated warehousing and food distribution business based in Milford, Del., with a top-ranked non-asset based freight brokerage firm less than 30 miles away in Seaford, Del.
April 9, 2019freight broker News Updates
Explore comprehensive freight brokerage news and analysis covering the business, technology and regulatory forces shaping modern logistics. Transport Topics delivers in-depth reporting on market dynamics, digital platforms and strategies that connect shippers and carriers across the supply chain. Stay informed on the trends, innovations and policy developments influencing how freight brokers operate and compete in today’s fast-evolving transportation marketplace.
FitzMark Acquires Reliable Source Logistics
Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global “logistics powerhouse,” company officials said.
February 5, 2019Gryphon Investors Buys Majority Stake in Nolan Transportation Group
Private equity firm Gryphon Investors added to its logistics portfolio with the purchase of a majority stake in Atlanta-based freight broker Nolan Transportation Group for an undisclosed amount.
January 7, 2019Forager Logistics Launches as Cross-Border Freight Broker
The cross-border freight brokerage and logistics service field has a new player in Forager Logistics. The Chicago-based company will focus on servicing supply chain networks in the automotive and aerospace industries, according to a Jan. 3 press release.
January 4, 2019Dupré Logistics to Restructure its Strategic Services After Growth
Lafayette-based Dupré Logistics’ Strategic Capacity Services has launched a regional reorganization that will include adding personnel after experiencing significant growth in the past two years.
November 1, 2018Two Investment Firms Acquire Anderson Cargo Services
Two private equity investment firms have come together to acquire Anderson Cargo Services, a St. Paul, Minn.-based logistics firm.
October 31, 2018Haven Launches Platform to Aid Carriers, Shippers With Bookings
Software company Haven announced the launch of Origin, a carrier-neutral product that offers a streamlined booking process for carriers and forwarders.
October 29, 2018RK Logistics Opens Freight Brokerage Division
RK Logistics Group, a supply chain services firm based in California’s Silicon Valley region, has added freight brokerage to its service offerings. The company is setting up a new division to operate as an independent agent of Mode Transportation, a Dallas-based multimodal brokerage firm recently spun off from Hub Group.
October 9, 2018Brokerage Firm Tallgrass Pursues Growth Through Sales Agents
Damon Anderson is using his company, Tallgrass Freight Co., to help other freight brokers and sales agents go out on their own by providing technical support, plus insurance and fringe benefits that are usually available only from larger corporate entities.
September 12, 2018Covenant Transportation Group Adopts New Name to Market Services
Covenant Transportation Group is adopting Covenant Transport Services as its new name to emphasize the company’s broad range of freight services.
October 2, 2017