Transport Corp. of America, a subsidiary of TransForce, has acquired an undisclosed majority stake in Optimal Freight, a privately held non-asset based truckload freight brokerage company.
Transport Corp. of America, a subsidiary of TransForce, has acquired a majority stake in Optimal Freight, a privately held non-asset-based truckload freight brokerage company.
Financial terms of the deal were not disclosed.
Based in Chicago, Optimal Freight provides technology-driven brokerage services throughout the United States, Canada, and Mexico.
“Optimal Freight has strengths in van, flat bed, refrigerated services, and over-dimensional operations, and we look forward to utilizing Transport America extensive full-truckload and intermodal operations,” said Noam Frankel, president of Optimal Freight, in a statement. “With Transport America’s support, we are eager to offer customers a more robust range of services in more locations.”