Logistics Industry News

TA Services Acquires Carmen Pacheco Transportation in Asset Deal

The family-owned El Paso carrier and Interload Forwarding, a second Ibarra family business, bring trucks, five warehouses, and a truck yard to the non-asset division of Gamut- and BCI-backed PS Logistics. Terms were not disclosed.

PS Logistics Unit TA Services Acquires El Paso's Interload Forwarding

Sister carrier Carmen Pacheco Transportation was part of the same deal, which adds five warehouses in El Paso and Laredo to a PS Logistics group backed by Gamut Capital Management. Terms were not disclosed.

Centre Partners and Altivare Acquire Freight Broker Navajo Expedited

The Lakeland, Florida truckload broker, previously part of Denver carrier Navajo Express, remains led by founder and CEO Brandon Bodine. Terms were not disclosed.

Mubadala Capital Agrees to Acquire Majority Stake in Arrive Logistics

The alternative asset arm of Abu Dhabi's Mubadala Investment Company signed a definitive agreement for the Austin truckload broker. ATL Partners, Lead Edge Capital, other existing investors, and management keep stakes.

Priority Courier Experts Acquires INPAX, Expanding Into the Southeast

Backed by Trident Management and Bluejay Capital, the Minneapolis courier adds a founder-led Atlanta operator in seven Southern markets, two days after announcing the purchases of two Midwest firms. Terms were not disclosed.

Fura Acquires High Rise Logistics, Its Seventh Freight Brokerage Deal

The Cincinnati-based, AI-driven broker adds a Vancouver, Washington flatbed and truckload brokerage formed in 2021, its third deal since March. Terms were not disclosed.