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PHOENIX and CHICAGO (October 16, 2018) — (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, today announced that it has closed its previously announced acquisition of AFN Logistics, an award-winning leader in freight brokerage, 3PL and transportation management services. The acquisition further accelerates GlobalTranz’s growth and market leadership in the 3PL industry and creates a company that will exceed $1.5 billion in revenue.

“We are excited to welcome the AFN team and to combine the unique strengths of both companies,” said Bob Farrell, chairman and CEO. “AFN combined with GlobalTranz creates a powerful 3PL with a market-leading end-to-end logistics tech suite, expansive network of high-quality and dedicated-capacity, and top talent in the industry. Our joint company will further accelerate our ability to provide sophisticated technology and transportation solutions that drive operative and competitive advantages for our customers.”

AFN Logistics is GlobalTranz’s seventh acquisition since January 2017, expanding its footprint and capabilities with Greensboro-based SynchOne, LLC, Dallas-based AJR Transportation, Salt Lake City-based Apex Logistics Group, Milwaukee-based Global Freight Source, Minneapolis-based Logistics Planning Services, and Richmond-based Worthington Logistics.

Ranked the 10th largest freight brokerage in the US by Transport Topics and voted an Inbound Logistics Top 10 3PL for 2018, GlobalTranz is driving strong growth with 25,000+ customers through technology innovation, a network of 34,000+ carriers, transformative M&A, creative products and superior customer service delivered by the best people in the industry.

For more information about GlobalTranz, visit www.globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.

About AFN Logistics

AFN is an award-winning leader in freight brokerage, third-party logistics, and transportation management services that has served the needs of major manufacturers, top-20 retailers, and best-in-class carriers in North America since 2003. Known for its commitment to client service, AFN has a robust suite of people-first, technology-enabled solutions — from truckload, LTL, managed transportation and consolidation services to risk management, carrier compliance, cargo security and surveillance, and more.

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 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S.

About The Jordan Company, L.P.

TJC (www.thejordancompany.com), founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a 35-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation and Logistics, Healthcare and Consumer, and Telecom, Technology and Utility. The senior investment team has been investing together for over 20 years and is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, NY, TJC also has an office in Chicago, IL.

MEDIA CONTACT:
Annie Graupner 612-229–4040
communications@globaltranz.com

GlobalTranz CEO Bob Farrell to be Featured on SiriusXM’s Work of Tomorrow 

Farrell to discuss technology advances in the evolving freight and logistics industry on SiriusXM Business Radio.

PHOENIX (October 11, 2018) — (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven freight management solution provider, today announced its chairman and CEO, Bob Farrell, will be the featured guest on Work of Tomorrow, an exclusive SiriusXM Business Radio series.

Farrell will sit down with SiriusXM host and Wharton Professor, Christian Terwiesch, to discuss the evolving freight and logistics industry, technology advances revolutionizing the supply chain and what the future holds.

“Digitalization of freight and logistics demands innovative new technology-based products and services that drive improvement in supply chains”, said Bob Farrell, chairman and CEO of GlobalTranz. “I look forward to discussing the ever-increasing sophistication of logistics and how technology-driven companies like GlobalTranz are paving the future of freight through enhanced customer and carrier experiences.”

Work of Tomorrow with Bob Farrell will premiere, October 15 at 5:00pm ET on SiriusXM Business Radio, channel 132 and On Demand at SiriusXM.com. Powered by the Wharton School, Business Radio is an exclusive 24/7 channel featuring world-renowned professors and distinguished executives, entrepreneurs, innovators and business experts as special guests. The show covers every aspect of business from the biggest headlines to how to build a business from the ground up.

Ranked the 10th largest freight brokerage in the US by Transport Topics and voted an Inbound Logistics Top 10 3PL for 2018, GlobalTranz is driving strong growth with 25,000+ customers through technology innovation, a network of 34,000+ carriers, transformative M&A, creative products and superior customer service delivered by the best people in the industry.

Visit https://businessradio.wharton.upenn.edu/shows/work-of-tomorrow/ and www.globaltranz.com for more information.

 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. Transport Topics ranked GlobalTranz the 10th largest freight brokerage firm in the U.S. for 2018.

About Sirius XM Radio

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the world’s largest radio company measured by revenue and has approximately 33.5 million subscribers. SiriusXM creates and offers commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment, and a wide-range of Latin music, sports and talk programming. SiriusXM is available in vehicles from every major car company and on smartphones and other connected devices as well as online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and online at SiriusXM. SiriusXM also provides premium traffic, weather, data and information services for subscribers through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™. SiriusXM delivers weather, data and information services to aircraft and boats through SiriusXM Aviation™ and SiriusXM Marine™. In addition, SiriusXM Music for Business provides commercial-free music to a variety of businesses. SiriusXM holds a minority interest in SiriusXM Canada which has approximately 2.6 million subscribers. SiriusXM is also a leading provider of connected vehicles services, giving customers access to a suite of safety, security, and convenience services including automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation.

MEDIA CONTACT:
Annie Graupner 612-229–4040
communications@globaltranz.com

PHOENIX (October 9, 2018)  (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven freight management solution provider, today announced its CEO and chairman, Bob Farrell will participate in a high-caliber executive panel discussion at the 3PL Value Creation North America Summit 2018 being held in Chicago.

Farrell will be sharing his insights and experiences during the “3PL Market Trends and Executive Predictions” panel on Thursday, October 18th from 11:35 AM – 12:45 PM CST. Evan Armstrong, president of Armstrong & Associates, Inc., will be moderating the panel. The panel will discuss trends, predictions, growth, challenges, opportunities and factors driving operational efficiencies in the 3PL market. Other panelists joining Farrell include: Frank Guenzerodt, president and CEO of Dachser USA Air & Sea Logistics Inc., Chris Pickett, chief strategy officer of Coyote Logistics, Tom Sanderson, executive chairman of Transplace, and Douglas Waggoner, chairman and CEO of Echo Global Logistics.

“GlobalTranz was an early proponent of leveraging technology to streamline and accelerate the movement of freight and deliver transparent 3PL services,” said Farrell. “Our technology platform is bringing a new level of innovation to the market, and our recent acquisitions have enabled us to expand further into managed transportation and specialty freight services. I look forward to an interactive dialog with other members of the logistics community on the future of the market and how to best address current and emerging challenges.”

The Summit, taking place in Chicago, October 16 – 18, brings together C-level 3PL executives, investment community leaders, and technology innovators to assess the future of the third-party logistics market and explore strategies for value creation to forge competitive advantage.

Sponsored by Armstrong & Associates, Inc., a leader in 3PL market research and consulting, attendees will glean insights into the operational and financial aspects of the global 3PL industry through executive panels, market intelligence and thought leadership.

For more information, visit www.globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.

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. Transport Topics ranked GlobalTranz the 10th largest freight brokerage firm in the U.S. for 2018.

MEDIA CONTACT:
Annie Graupner 612-229–4040
communications@globaltranz.com

GlobalTranz Acquires AFN Logistics

Combined company to drive expanded technology and market leadership

PHOENIX and CHICAGO (September 13, 2018) —(BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, today announced that it has signed a definitive agreement to acquire AFN Logistics, an award-winning leader in freight brokerage, 3PL logistics, and transportation management services. The acquisition further solidifies GlobalTranz’s position as a top freight brokerage firm and significantly increases its market share in 3PL services.  The transaction is expected to close within 45 days.

“I am excited to write the next chapter in AFN’s evolution with GlobalTranz,” said Owen Schnaper, chief executive officer of AFN. “Since Ryan Daube founded the business 15 years ago, AFN has focused on driving high value for its customers through unparalleled service with trusted freight carriers providing high-quality, consistent capacity. By combining with GlobalTranz, AFN can continue this history on a bigger platform with differentiated technology.  I know this combination will be attractive and beneficial to our clients and partners alike.”

“AFN Logistics is one of the fastest growing and most exciting companies in the 3PL space,” said Bob Farrell, chairman and chief executive officer of GlobalTranz.  “AFN has leveraged people, processes and technology to create unique solutions for its customers and develop strong carrier partnerships. Combining GlobalTranz’s and AFN’s network and technology along with the best talent in the industry creates a company that will exceed $1.5 billion in revenue and will further accelerate our growth and market leadership in the 3PL industry.”

GlobalTranz recently announced The Jordan Company, L.P. (TJC) as its new equity partner. “We are pleased to support the acquisition of AFN by GlobalTranz,” said Brian Higgins, senior partner, TJC. Higgins added, “GlobalTranz is executing on its strategy to drive market leadership by strong organic and acquired growth. AFN is a strong fit with this strategy.”

“Our unique hybrid combination of the best independent freight agents in the industry with our strong direct channels is a clear differentiator. AFN will further enhance our channels to market,” added Farrell.

Ranked the 10th largest freight brokerage in the US by Transport Topics and voted an Inbound Logistics Top 10 3PL for 2018, GlobalTranz is driving strong growth with 25,000+ customers through technology innovation, a network of 34,000+ carriers, transformative M&A, creative products and superior customer service delivered by the best people in the industry.

For more information, visit www.globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.

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 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S.

About AFN Logistics

AFN is an award-winning leader in freight brokerage, third-party logistics, and transportation management services that has served the needs of major manufacturers, top-20 retailers, and best-in-class carriers in North America since 2003. Known for its commitment to client service, AFN has a robust suite of people-first, technology-enabled solutions — from truckload, LTL, managed transportation and consolidation services to risk management, carrier compliance, cargo security and surveillance, and more.

About The Jordan Company, L.P.

TJC (www.thejordancompany.com), founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a 35-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation and Logistics, Healthcare and Consumer, and Telecom, Technology and Utility. The senior investment team has been investing together for over 20 years and is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, New York, TJC also has an office in Chicago, Illinois.

MEDIA CONTACT:
Annie Graupner 612-229–4040
communications@globaltranz.com

Hurricane Florence Update – Thursday, September 13, 2018

Hurricane Florence has been downgraded to a Category 2 storm but remains incredibly dangerous.  Tropical-storm-force winds are hitting the NC/SC coastline right now and will increase to hurricane-force winds by tonight.  Landfall is expected to reach the US mainland late tonight or Friday morning.  Florence is expected to crawl along the coast of the Carolinas through Friday, producing catastrophic flooding and storm surge, before turning inland.

Our carrier partners and service providers continue their contingency preparations:

You should expect carrier operations to become increasingly challenged across the states of NC, SC, VA, and GA in the coming days.  New shipments may not be picked up for some time, and en route shipments may be significantly delayed.

If you need any specific carrier information such as which of their terminals may be closed and/or embargoed, please utilize the links below.  You can also reach out to LTLPricing@GlobalTranz.com for additional help.

PHOENIX – August 15, 2018 – (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, today announced it has acquired SynchOne, LLC, a Greensboro, North Carolina-based freight brokerage and logistics company. The acquisition demonstrates GlobalTranz’s continued execution of its strategy to drive market leadership through both strong organic and acquired growth.

SynchOne is the LTL (less-than-truckload) 3PL solutions business of Synchrogistics. SynchOne has significant freight management expertise and best practices that help improve operational excellence. SynchOne’s ability to build strategic relationships and provide exceptional customer service makes it a valuable addition to GlobalTranz.

“SynchOne has worked with GlobalTranz as a freight agent for over 7 years. We have leveraged GlobalTranz’s technology to help drive valuable solutions for our customers” said Bill Jackson, founder of SynchOne. “We are excited to make our LTL solutions business part of GlobalTranz and look forward to helping drive company growth.”

“We are excited to make SynchOne part of GlobalTranz,” said Bob Farrell, chairman and chief executive officer at GlobalTranz. “The team at SynchOne has built solutions for their customers that drive operative and competitive advantages. We look forward to directly continuing their strong customer service focus and use of deep industry knowledge to accelerate our company’s growth.”

GlobalTranz announced its 2018 Q2 Earnings on July 25, 2018; reporting record revenue and profit growth as a result of the company’s market leading ability to implement technology-driven sophisticated logistics and transportation solutions.

SynchOne is GlobalTranz’s sixth acquisition since January 2017, expanding its footprint and capabilities with Dallas-based AJR Transportation, Salt Lake City-based Apex Logistics Group, Milwaukee-based Global Freight Source, Minneapolis-based Logistics Planning Services, and Richmond-based Worthington Logistics.

 About SynchOne

SynchOne is a privately-held, Greensboro-based freight brokerage solutions provider specializing in LTL shipping.  SynchOne provides shippers of all sizes value-added services and technology that drives efficiency, reliability and cost savings for their 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. Transport Topics ranked GlobalTranz the 10th largest freight brokerage firm in the U.S. for 2018.

MEDIA CONTACT:

Annie Graupner
communications@globaltranz.com

PHOENIX (July 25, 2018) — (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, today reported a second quarter revenue increase of 58 percent and earnings growth of 55 percent year over year. GlobalTranz is on track to generate over $1 billion in revenue in 2018 and continues to outpace many of its competitors in customer expansion, financial growth, and advanced technology leadership.

The company’s strong performance is bolstered by ongoing organic growth with existing and new customers, exceptional performance of transactional and managed transportation solutions, advanced enterprise technology, and strategic acquisition strategy.

“I am excited that GlobalTranz has delivered yet another record quarter,” said Bob Farrell, chairman and CEO. “We are helping our customers derive competitive and operative advantages through the implementation of sophisticated logistics and transportation solutions. Our market-leading technology, full-suite of multi-modal logistics solutions and strong relationships with carriers that provide access to expansive capacity continues to produce growth and profitability that are outpacing many 3PL providers.”

“Our strong second quarter performance is a result of our dedication to meeting customers’ evolving needs and helping them make logistics an integrated and differentiated part of their business,” said Renee Krug, CFO. “We continue to focus on expanding our relationships with existing customers and winning new customers with our advanced technology and full-suite of logistics solutions. Our people, processes and technology are the best in the industry and continue to drive financial performance.”

Second Quarter Company Highlights

The company’s growth is expected to continue throughout 2018. “We continue to increase our footprint through our strong freight agent and direct sales channels,” said Farrell.  “Strategic mergers and organic growth will continue to play a key role in expanding our capabilities and market share as our annual revenue exceeds $1 billion.”

For more information, visit www.globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.

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. Transport Topics ranked GlobalTranz the 10th largest freight brokerage firm in the U.S. for 2018.

MEDIA CONTACT:

Annie Graupner
communications@globaltranz.com

PHOENIX – July 23, 2018 – (BUSINESS WIRE) GlobalTranz Enterprises, Inc., a leading technology-driven freight management solutions provider, today announced its CFO, Renee Krug, will be participating on a panel at the 2018 McCleod CFO Conference, to be held on July 24, 2018 in Nashville, Tennessee.

Renee Krug, CFO of GlobalTranz, will speak on a panel session titled “M&A -Takeaways from doing deals” on Tuesday, July 24 at 9:30 AM. Krug was selected for the panel based on her significant experience with both buy-side and sell-side M&A transactions. Krug participated in 6 M&A transactions over the last 18 months.

The CFO Conference is organized by McLeod Software and is designed to be a robust educational summit with topics ranging from M&A preparation and integration, financial data analytics and reporting, revenue recognition and leasing industry standards, effective month-end closing, and asset management.

“GlobalTranz is a market leader in logistics and is very active in mergers and acquisitions,” said Krug. “I am pleased to be sharing our experiences and viewpoints along with a talented panel of experts.”

Krug recently received the Women in Trucking Association’s Distinguished Woman in Logistics Award for her leadership, unique contributions to the logistics industry and overall professional success.

Krug’s other recent notable distinctions include:

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 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S.

MEDIA CONTACT:

Annie Graupner
communications@globaltranz.com

PHOENIX (July 16, 2018) – (BUSINESS WIRE) Speaking on the Mergers and Acquisitions in the Trucking Industry: Law and Practice panel, GlobalTranz General Counsel Jeff Simmons will share insights and industry best practices for attendees of the American Trucking Association’s Forum for Motor Carrier General Counsel.

Though 2017 saw a sharp increase in trucking and transportation industry mergers and acquisitions, more are predicted for 2018. The session addresses changes in the law and relevant legal issues to consider.

Simmons will provide attendees with critical legal insights about the merger and acquisition process. As these transactions can vary greatly from the sale of a family-owned company to the purchase of a national leader, Simmons outlines ways to coach clients through the process, ensure a strong internal team and account for necessary documentation.

“As the trucking and transportation space faces high demand, reducing and avoiding litigation risk is critical,” says Simmons. “The Forum for Motor Carrier General Counsel provides the opportunity to come together with colleagues and other executives and directors to share best practices for sound legal process. I am looking forward to sharing strategies and tactics with this prestigious group of professionals.”

After graduating from Georgetown University, Simmons received his law degree from the University of Arizona. He joined GlobalTranz after nearly 30 years in private practice. Simmons currently serves as President-Elect of the Transportation Lawyers Association and is a past Chairman of the Conference of Freight Counsel. In 2017, Simmons received First Chair Award for Top General Counsel and has been included in the 2011-2016 editions of Best Lawyers in America.

Each year, the Forum for Motor Carrier General Counsel assembles panels and seasoned professionals to address the most pressing legal issues in the field. Additional panels include Top Workplace Legal Trend and Employment Law Developments; Cybersecurity: Imposing New Legal Dilemmas; and Effective vs. Disastrous Depositions: Lessons Learned in the MC Industry. This year’s forum runs from July 15-18, 2018 at the Hyatt Regency Tamaya Resort & Spa.

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 2018, GlobalTranz was voted an Inbound Logistics Magazine Top 10 3PL and Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. For more information, visit www.globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.