Fura Freight Acquires Road Dog Logistics, Its Largest Deal to Date

What happened

Fura announced on October 20, 2026, that it had acquired Road Dog Logistics, a truckload brokerage based in Cincinnati, Ohio. Road Dog is Fura's eighth acquisition. FreightWaves later described it as Fura's largest deal to date. Financial terms were not disclosed.

The seller

Road Dog Logistics is a truckload freight broker co-founded by Steve Micheli. It brings Fura a food-and-beverage customer book and its own shipper relationships, and the deal deepens Fura's reach in managed transportation.

Road Dog's team will continue to manage daily operations. The business will soon run on Fura's technology platform, which handles AI quoting, carrier sales, and shipment visibility.

"Fura gives our team the technology and scale to continue growing while preserving the exceptional level of service and personal connections our customers count on," Micheli said.

The buyer

Fura is a digital freight broker led by co-founder and CEO Jeff Dangelo. It targets small brokerages, a segment of the third-party logistics (3PL) market that FreightWaves calls often ignored by private equity. Venture capital firm R136 Ventures lists Fura in its portfolio. In December 2024, Fura named R136 Ventures and Davidovs Capital as its backers.

Fura runs an AI agent called Donna, which now handles more than 40% of the company's load bookings. Donna is connected to Fura's pricing algorithm, its transportation management system, and Highway for carrier compliance. It places and takes phone calls, negotiates rates, and books loads, and it hands the finished negotiation to a team lead for confirmation.

"Road Dog is exactly the kind of company we want to fold into the platform: great brokers, loyal customers and a reputation for showing up," Dangelo said. "Our job now is to give that team better tools and more support, so they can spend their time growing the business instead of chasing paperwork."

How Fura folds in the brokers it buys

Road Dog is Fura's third acquisition since June, and the two before it were set up the same way. At LG Logistics Solutions, a truckload, less-than-truckload, and intermodal 3PL acquired in June, founder Luis Guardiola and his team continue to manage daily operations with access to Fura's automation platform. High Rise Logistics, a Vancouver, Washington, broker acquired in August, kept its leadership team in charge of daily operations as well.

Dangelo told FreightWaves that Fura onboards an acquisition in roughly two weeks. He said integration planning is done before closing, and Fura's in-house AI tools start on the data and carrier-side work right away. He also said the Supreme Court's 9-0 Montgomery ruling, which held that freight brokers can be sued under state law for hiring unsafe carriers, is speeding up Fura's acquisition pipeline. "It changed the math risk overnight," Dangelo said. Owners weighing a sale can read our guide to selling a logistics company.

What this means for freight brokerage owners

An owner whose brokerage still runs on dated software or manual carrier sales is not a weaker fit for a buyer like Fura. Software and carrier sales are what this buyer brings with it. What it cannot bring is a team of brokers whose shippers stay with them.

OffDeal is an advisory firm that helps lower-middle-market business owners sell with confidence. Reach out to learn more about our expertise with freight brokerage businesses in Ohio.

Own a freight brokerage business with $5M–$100M in revenue? We’re glad to give you an honest read on what it’s worth and who would buy it — no pitch, no pressure. Get a free valuation.

Source: FreightWaves - https://www.freightwaves.com/news/freight-broker-furas-latest-deal-adds-30m-in-revenue