Transportation Insight acquires LTL broker FreightPros

Transportation Insight pushes into LTL brokerage with acquisition of FreightPros

Transportation Insight acquires LTL broker FreightPros

Mark Solomon 
FreightWaves 
2019 12 06

Logistics provider Transportation Insight (TI) said Dec. 6 that it acquired less-than-truckload (LTL) broker Meridian Logistics LLC, which does business as FreightPros, for an undisclosed sum.

The acquisition expands privately held TI’s LTL brokerage offerings. It operates a truckload brokerage unit through its December 2018 acquisition of Nolan Transportation Group, which also performs some LTL brokerage. FreightPros, by contrast, focuses exclusively on LTL brokerage.

A non-asset-based provider, TI holds itself out as a logistics handyman of sorts, performing a broad range of functions — supported by a solid IT platform — to improve customers’ supply chains. TI operates across all modes. 

The acquisition is TI’s fourth.

https://www.freightwaves.com/news/transportation-insight-acquires-ltl-broker-freightpros