Startup CoPilot acquires century-old 3PL Mallory Alexander

Industry veterans launch CoPilot to build global logistics platform

Startup logistics holding company CoPilot announces its first acquisition. (Photo: Jim Allen/FreightWaves)

Newly formed CoPilot Global Logistics Holdings announced it has taken a majority stake in full-service logistics provider Mallory Alexander. The deal was backed by private equity firm Endeavour.

Join the leaders shaping freight’s future at
F3: Future of Freight Festival, Oct 21-22.
Network with the industry’s best and discover what’s next.

CoPilot was formed by industry veterans Rich Bolte (former chairman at BDP International), Paul Svindland (chairman of STG Logistics) and Carmen Gerace (former chief transportation officer at BDP International and STG Logistics). CoPilot is as a holding company, providing capital and operational support to small and mid-size logistics companies.

Mallory Alexander will act as the cornerstone operating company for CoPilot, which is seeking to build a global logistics platform through investments and acquisitions.

Under the new ownership structure, Endeavour and CoPilot hold a majority investment, while members of the Mallory family retain a share. The transaction is a financial partnership, not a merger with a competing 3PL. Mallory Alexander will continue to operate under its existing brand and leadership, with Bolte joining as chairman, Svindland as CEO and Gerace as president.

“Mallory Alexander’s people, culture, and operating reputation made it the right place to begin building a broader logistics platform,” said Bolte in a news release. … “Our approach is to invest for the long term — strengthening Mallory’s operations, technology, and team while selectively acquiring like‑minded operators that expand service capabilities and geographic reach.”

CoPilot is seeking future investments in the logistics space with a focus on visibility platforms, workforce training, and safety programs, among others.

“We will preserve each company’s operating strengths and local leadership as we scale,” Bolte said. “Integrating administrative functions and building a unified, customer‑focused culture will be a priority and a competitive advantage.”

Memphis, Tennessee-based Mallory Alexander is a 100-year-old 3PL with expertise in freight forwarding, customs brokerage, warehousing and distribution, and specialized project cargo services. The company operates over two million square feet of warehouse space in the U.S. and offers a wide range of domestic transportation services like truck brokerage, intermodal and domestic air.

“Today’s partnership gives Mallory the resources to accelerate investments our teams have needed, in technology and training, while preserving the customer-first service our clients rely on,” said Svindland. “We’re excited to scale thoughtfully and deliver stronger, more reliable solutions for customers around the world.”

Republic Partners served as financial adviser to CoPilot and Endeavour.

More FreightWaves articles by Todd Maiden:

Upcoming FreightWaves Events
Fraud & Security

Freight Fraud Symposium

Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.

May 20, 2026
Rock & Roll Hall of Fame • Cleveland, OH
Register Now
AI & Technology

Supply Chain AI Symposium

Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.

July 15, 2026
The Old Post Office • Chicago, IL
Register Now
Rail & Policy

Future of Rail Symposium

Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.

July 28, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Fraud & Security Freight Fraud Symposium May 20 • Cleveland, OH

Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.

Rock & Roll Hall of Fame • Cleveland, OH Register Now
AI & Technology Supply Chain AI Symposium Jul 15 • Chicago, IL

Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.

The Old Post Office • Chicago, IL Register Now
Rail & Policy Future of Rail Symposium Jul 28 • Chattanooga, TN

Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now

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.