GlobalTranz Announces Acquisition of Apex Logistics Group

GTZ Homepage, News, Press Release

PHOENIX –  December 7, 1017  – (BUSINESS WIRE) – GlobalTranz Enterprises, Inc., a leading technology-driven freight management solution provider, today announced it has acquired Apex Logistics Group, a prominent enterprise shipping and logistics company. The acquisition further solidifies GlobalTranz’s position as a top freight brokerage firm and increases the company’s market share in third-party logistics (3PL) services.

Apex Logistics Group has been operating successfully for over 10 years. The company currently serves an extensive client base, including Anheuser Busch, Del Monte, JR Simplot, Kroger, Niagara, Sysco and US Foods as a result of its expertise in temperature-controlled and truckload freight services. Apex’s strong freight brokerage operation and deep industry experience in concert with GlobalTranz’s innovative technology and logistics solutions will further enhance the value proposition for shippers.

“As a company that has always focused on creating value for our customers and building long-term partnerships, we are extremely pleased to be joining a market leader like GlobalTranz,” said Luke Saari, president and chief executive officer of Apex Logistics Group. “GlobalTranz will enable us to more quickly expand our freight brokerage services and provide an innovative logistics technology platform that will drive operational efficiencies, cost savings and strategic advantage for our clients.”

“With the addition of Apex Logistics Group, GlobalTranz is gaining an incredible team of logistics professionals,” said Bob Farrell, chairman and chief executive officer of GlobalTranz.  “Luke and his team have created a technology-driven freight operation and their expertise will enable us to expand our offerings and increase market share. This acquisition further accelerates our growth and vision to expand our leadership in the 3PL industry.”

Apex Logistics Group is GlobalTranz’s fourth acquisition in 2017, expanding its footprint and capabilities with the additions of Milwaukee-based Global Freight Source, Minneapolis-based Logistics Planning Services and Richmond-based Worthington Logistics. GlobalTranz recently announced its 2017 Q3 earnings; reporting record revenues, up 42% year over year.

 

About Apex Logistics

Apex logistics is a privately-held, Utah-based logistics company specializing in LTL, full truckload, temperature-controlled transportation and warehouse management services. Founded in 2003, Apex Logistics offers value added freight management services that drive efficiency, reliability and cost savings for businesses.

About GlobalTranz

GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics and expedited shipping services. GlobalTranz is leading the market in innovative logistics technology that optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2017, Transport Topics ranked GlobalTranz as the 13th largest freight brokerage firm in the U.S. For more information, visit www.globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.

MEDIA CONTACT:

Tracy Dick
Chief Marketing Officer
(619) 888 -2324
tdick@globaltranz.com