ShipX Acquires Princeton Logistics Group and TriStar Carriers

May 26, 2022

ShipX has acquired Princeton Logistics Group and its subsidiary TriStar Carriers to expand beyond final-mile parcel delivery into first- and middle-mile trucking and broader e-commerce transportation services across North America. The deal brings trucking, middle-mile capacity and local sortation capabilities into ShipX’s tech-enabled delivery platform to offer end-to-end e-commerce shipping solutions.

Buyers
ShipX
Targets
Princeton Logistics Group, TriStar Carriers
Industry
Transportation
Location
New Jersey, United States
Transaction Type
Buyout

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