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GlobalTranz snaps up Our Freight Guy

The purchase of Our Freight Guy marked GlobalTranz’s eighth acquisition since January 2017.

   Third-party logistics services provider GlobalTranz Enterprises has acquired Our Freight Guy, based in Riverside, Calif., further expanding its freight brokerage operations.
   Financial terms of the deal were not disclosed.
   Before the acquisition, Our Freight Guy was an agent of GlobalTranz since 2013. Our Freight Guy’s Riverside location will now become a GlobalTranz branch office.
   GlobalTranz has been on a rampant acquisition spree during the past two years. Our Freight Guy marks the Phoenix-based company’s eighth acquisition since January 2017.
   In October 2018, GlobalTranz completed a takeover of AFN Logistics, a Chicago-based freight brokerage and 3PL, and SynchOne, a Greensboro, N.C.-based freight brokerage, in August 2018.
   GlobalTranz expects these acquisitions to increase its revenue to more than $1.5 billion.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.