Freight broker Fura’s latest deal adds $30M in revenue

Road Dog Logistics acquisition brings food-and-beverage customer book

Freight broker Fura has expanded its platform with the acquisition of truckload brokerage Road Dog Logistics, adding an estimated $30 million in revenue. (Photo: Jim Allen/FreightWaves)

Freight broker Fura announced it has acquired truckload brokerage Road Dog Logistics, adding approximately $30 million in revenue to Fura’s platform.

This is Frisco, Texas-based Fura’s eighth acquisition, meaningfully expanding its over $100-million AI-powered platform. Fura targets brokers with less than $30 million in annual revenue, a segment of the 3PL market that is often ignored by private equity.

Financial terms of the transaction were not provided.

Cincinnati-based Road Dog’s team will continue to manage daily operations, but will soon operate on Fura’s tech platform, which provides AI quoting, carrier-sales functions and shipment visibility.

“Road Dog is exactly the kind of company we want to fold into the platform: great brokers, loyal customers and a reputation for showing up,” said Jeff Dangelo, co-founder and CEO of Fura. “Our job now is to give that team better tools and more support, so they can spend their time growing the business instead of chasing paperwork.”

The deal deepens Fura’s reach in managed transportation and gives it a food-and-beverage customer book.

In August, Fura acquired Vancouver, Washington–based High Rise Logistics, which specializes in flatbed, expedited, TL and less-than-truckload transportation. It acquired LG Logistics Solutions — a TL, LTL and intermodal 3PL — in June.

“Fura gives our team the technology and scale to continue growing while preserving the exceptional level of service and personal connections our customers count on,” said Steve Micheli, co-founder of Road Dog.

Why it matters? Fura is demonstrating a repeatable model for consolidating the highly fragmented freight brokerage industry. Rather than simply stacking businesses and inheriting their overhead costs, Fura is migrating acquisitions onto a shared AI-powered automation platform to drive lean operations and efficiency.

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Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.