Sheer Logistics completes acquisition of CargoBarn to enhance 4PL/Managed Transportation Services
Acquiring Company
Sheer Logistics
Acquired Company
CargoBarn
Description
Sheer Logistics, a premier provider of 4PL/Managed Transportation Services and value-based logistics, freight brokerage, TMS technology, and Integration Platform as a Service (IPaaS) solutions purpose-built for mid-market companies, has announced the acquisition of CargoBarn, a tech-enabled third-party logistics provider (3PL) based in Atlanta, GA. The acquisition aims to enhance Sheer's existing 3PL and freight brokerage offerings through the addition of CargoBarn's diverse and complementary customer portfolio, extensive carrier network, highly experienced sales and operations teams, and geographic footprint.
Quick answer
Sheer Logistics is acquiring CargoBarn, announced April 2, 2024. Sheer Logistics is based in Chesterfield, Missouri, United States.
- How much did Sheer Logistics pay for CargoBarn?
- The deal value was not disclosed.
- What does Sheer Logistics do?
- Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada.
- Where are Sheer Logistics and CargoBarn based?
- Sheer Logistics is based in Chesterfield, Missouri, United States. CargoBarn is based in Atlanta, Georgia, United States.
- Who are the decision-makers at Sheer Logistics?
- Fundz holds 1 contact at Sheer Logistics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Delmar International Inc. acquires Intervracht Nederland BV to expand global logistics and distribution (May 13, 2024)
- Associated Terminals completes acquisition of S.H. Bell Company to expand service offerings (May 10, 2024)
- Rehrig Pacific completes acquisition of QTEK Design to revolutionize logistics and material handling technologies (April 17, 2024)
- TFI International Inc. completes acquisition of Hercules Forwarding, Inc. to strengthen US LTL portfolio and add cross-border LTL into Canada (March 11, 2024)
Who to call at Sheer Logistics, and when
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Frequently asked
Who acquired CargoBarn?
CargoBarn was acquired by Sheer Logistics, based in Chesterfield. The deal was reported on April 2, 2024. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Continue ReadingSheer Logistics - St. Sheer Logistics is privately held and operates in Supply Chain Management.
When did Sheer Logistics acquire CargoBarn?
Sheer Logistics's acquisition of CargoBarn was reported on April 2, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CargoBarn do?
CargoBarn is a tech-enabled third-party logistics provider (3PL) that provides full Truckload freight brokerage, expedited, drayage, and other specialized services. It is privately held, operating in Transportation, and is based in Atlanta.
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