● Watch Now


Global Supply ChainLogisticsNewsTechnology

Transportation Insight acquires LTL broker FreightPros

Mark Solomon
·
Transportation insight takes leap into LTL brokerage (Photo: Jim Allen/FreightWaves)

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.


Mark Solomon

Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. Over the course of his career, Solomon has covered nearly the whole gamut of the transportation and logistics industry, including trucking, railroads, maritime, 3PLs, and regulatory issues. Solomon witnessed and narrated the rise of Amazon and XPO Logistics and the shift of the U.S. Postal Service from a mail-focused service to parcel, as well as the exponential, e-commerce-driven growth of warehouse square footage and omnichannel fulfillment.