GlobalTranz Enterprises

Business, Logistics, Breaking News

GlobalTranz, Worldwide Express Announce Merger

GlobalTranz and Worldwide Express logos metamorworks/Getty Images

GlobalTranz Enterprises and Worldwide Express are merging in a deal announced June 11, bringing together two non-asset-based providers of logistics services.

Connor D. Wolf | Staff Reporter
June 11, 2021
Business, Logistics, Top 50

Bob Farrell Returns to GlobalTranz as Chairman, CEO

Global Tranz/Bob Farrell GlobalTranz via YouTube; Farrell by GlobalTranz

GlobalTranz Enterprises announced that Bob Farrell returned as chairman and CEO, effective immediately.

September 18, 2020
Business, Logistics, TCA

GlobalTranz Buys Logistics Firm Cerasis

GlobalTranz A GlobalTranz agent. (GlobalTranz)

GlobalTranz Enterprises, a national transportation management company for truckers and other shippers, has acquired Cerasis, a privately held company in Eagan, Minn., with about $150 million in revenue and 119 employees.

Neal St. Anthony | Star Tribune (Minneapolis)
January 17, 2020
Business, Technology, Logistics, Top 50

GlobalTranz Acquires Global Freight Solutions

GlobalTranz acquired Global Freight Solutions. A GlobalTranz agent. (GlobalTranz)

Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.

October 18, 2019
Business, Logistics, Top 50

Investment Firm Regains Ownership of GlobalTranz

GlobalTranz dispatcher GlobalTranz agent by GlobalTranz

GlobalTranz Enterprises has struck a deal with Providence Equity Partners to acquire the business from The Jordan Co. in a move designed to provide additional financial support for the company’s aggressive growth strategy.

Daniel P. Bearth | Staff Writer
April 4, 2019
Business, Logistics

GlobalTranz Buys California Brokerage, Logistics Company Our Freight Guy

GlobalTranz Enterprises Inc., a third-party logistics service provider, has acquired California-based freight brokerage and logistics company Our Freight Guy.

January 29, 2019
Business, Technology, Logistics

Andrew, Michael Leto Secure Funding for New Online Freight Marketplace

Andrew and Michael Leto Andrew (left) and Michael Leto are launching a new software platform called Emerge. (Emerge)

Serial entrepreneurs Andrew and Michael Leto, who started GlobalTranz Enterprises and 10-4 Systems, both of which were sold earlier this year, are launching a new enterprise. It is a software platform called Emerge that allows shippers and carriers to book loads, track shipments and source new capacity in what is being described as a private freight marketplace.

Daniel P. Bearth | Staff Writer
November 19, 2018
Business, Technology, Logistics

GlobalTranz Offers to Buy AFN Logistics

GlobalTranz GlobalTranz dispatchers. (GlobalTranz Enterprises Inc.)

GlobalTranz Enterprises said it has agreed to acquire Chicago-based freight brokerage firm AFN, a move designed to boost the company’s share of the market for third-party logistics services.

Daniel P. Bearth | Staff Writer
September 17, 2018
Business, Logistics, Top 100

GlobalTranz Completes Another Agent Acquisition

GlobalTranz dispatchers Dispatchers at a GlobalTranz office. (GlobalTranz Enterprises Inc.)

GlobalTranz Enterprises announced the purchase of SynchOne, the less-than-truckload freight brokerage division of Synchrogistics LLC in Greensboro, N.C., for an undislosed amount.

August 28, 2018

Technology Firm Project44 Raises $35 Million in New Funding Round

Logistics technology firm project44 announced April 17 it raised $35 million in a new funding round led by OpenView Venture Partners.

April 23, 2018