GlobalTranz Enterprises acquires Circle 8 Logistics

The Arizona-headquartered freight broker has made nine acquisitions since January 2017.

GlobalTranz Enterprises acquires Circle 8 Logistics

The Arizona-headquartered freight broker has made nine acquisitions since January 2017.

GlobalTranz Enterprises acquires Circle 8 Logistics

The Arizona-headquartered freight broker has made nine acquisitions since January 2017.

 

   GlobalTranz Enterprises Inc., a technology and third-party logistics solutions company that provides transportation management systems to shippers, logistics service providers and carriers, said Tuesday it has acquired Circle 8 Logistics, a provider of third-party multimodal transportation and logistics services throughout North America.
    GlobalTranz, headquartered in Scottsdale, Ariz., is ranked as the 10th-largest broker in the United States by Transport Topics. The deal is its ninth acquisition since January 2017.
    Circle 8 is headquartered in Lombard, Ill., and GlobalTranz said with the Circle 8 acquisition it “continues to expand its presence in the Chicago area,” where it already has offices in Niles and downtown Chicago.
    Renee Krug, chief executive officer of GlobalTranz, said, “Circle 8 has combined a focus on people, processes and technology to drive growth via unique solutions for its customers and strong carrier partnerships. The combination will further accelerate our growth and market leadership in the 3PL industry.”

Our goal as always is to be sure that river is not the silent ‘R’ in transportation and that policymakers don’t just focus on roads, rail and runways.

Spot container rates from China/East Asia to the U.S. West Coast stood at $1,531 per FEU as of May 10, up 10.6% year-over-year, while rates from China/East Asia to the U.S. East Coast totaled $2,926 per FEU as of May 10, up 22.2% year-over-year, according to the Freightos Baltic Index.

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GlobalTranz Enterprises acquires Circle 8 Logistics

The Arizona-headquartered freight broker has made nine acquisitions since January 2017.

Apr 02, 2019 on Dec 27, 2018AmericanShipper.com

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GlobalTranz Enterprises acquires Circle 8 Logistics

The Arizona-headquartered freight broker has made nine acquisitions since January 2017.

Apr 02, 2019 on Dec 27, 2018AmericanShipper.com