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BlueGrace acquires fellow Florida 3PL FreightCenter

Deal bolsters BlueGrace Logistics’ LTL offering

Todd Maiden
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FreightCenter will continue to operate independently under its own banner. (Photo: Jim Allen/FreightWaves)
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Key Takeaways:

  • BlueGrace Logistics acquired FreightCenter, a 26-year-old 3PL provider, for an undisclosed amount.
  • FreightCenter will retain its brand and offer access to BlueGrace's technology and services, including its TMS and load optimization platform.
  • The acquisition expands BlueGrace's customer base and enhances its service offerings.
  • BlueGrace, a Warburg Pincus portfolio company, aims to leverage its technology and network to improve the logistics experience for FreightCenter's clients.
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BlueGrace Logistics announced it has acquired 3PL peer FreightCenter for an undisclosed sum.

Palm Harbor, Florida-based broker FreightCenter was founded 26 years ago. The non-asset-based transportation provider primarily focuses on less-than-truckload but also connects shippers with a full lineup of truckload, air and ocean freight shipping options.

“We’ve known and respected the team at FreightCenter for over a decade … . This acquisition is the perfect opportunity to enhance the logistics experience for thousands of customers,” said BlueGrace CEO and founder Bobby Harris in a news release. “By integrating our advanced technology, deep industry expertise, and extensive carrier network, we are committed to delivering solutions that meet their unique shipping needs.”

FreightCenter will continue to operate independently under its own banner. Its clients will have access to all of BlueGrace’s logistics services, including managed logistics, the BlueShip TMS and EVOS, a load optimization platform it acquired in March 2024.

“BlueGrace’s advanced technology and comprehensive service offerings perfectly complement FreightCenter’s commitment to simplifying freight for our customers,” said FreightCenter CEO Matt Brosious.

Tampa, Florida-based BlueGrace has 10,000 customers and 250,000 carriers on its BlueShip platform.

BlueGrace is a portfolio company of private equity firm Warburg Pincus.

More FreightWaves articles by Todd Maiden:

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.