Allstates WorldCargo Acquires Saturn Freight Systems

Allstates WorldCargo Acquires Red Arrow Logistics

June 17, 2025

Logistics & Distribution

Allstates WorldCargo has acquired Red Arrow Logistics, a Seattle-area freight forwarder founded in 2003, to strengthen its Pacific Northwest footprint and expand capabilities in time-sensitive, high-value shipments. Red Arrow will rebrand to Allstates WorldCargo and its CEO Liz Lasater will join Allstates WorldCargo in a senior leadership role to ensure continuity and alignment during integration.

Allstates WorldCargo Acquires Promptus, LLC

February 4, 2026

Logistics & Distribution

Allstates WorldCargo has acquired Promptus, LLC, a South Florida–based customs broker and 3PL, adding an in-house customs brokerage division to its service offering. The acquisition strengthens Allstates' Miami presence (a key Latin America gateway) and integrates Promptus' team to provide customs clearance, tariff classification and regulatory compliance alongside Allstates' freight services.

Allstates WorldCargo Acquires QI Services, KI Services and PCH Logistics

April 11, 2024

Logistics & Distribution

Allstates WorldCargo, a Clarendon Capital‑backed global logistics provider, has acquired QI Services, KI Services and PCH Logistics, three freight‑forwarding and truck brokerage businesses. The sellers (led by principals Steve Misotti and Tim Pirtle) had a longstanding relationship with Allstates, and the deal is intended to accelerate integration and growth of the businesses within Allstates' U.S. footprint.

Freightos Acquires Shipsta

August 19, 2024

Logistics & Distribution

Freightos, the public global digital freight booking platform, has acquired Luxembourg-headquartered Shipsta to add multimodal tender and contract procurement capabilities to its spot pricing, quoting, and booking offering. The deal is being financed with cash (~€4.5m) and equity (approx. 640,000 Freightos shares) and is intended to expand Freightos' product capabilities, accelerate revenue growth, and increase total addressable market.

Covenant Logistics Acquires AAT Carriers

March 22, 2022

Transportation

Covenant Logistics has acquired AAT Carriers, a Chattanooga-based specialized carrier that handles hazardous, high-value, and dedicated freight for government and commercial customers. The acquisition expands Covenant's capabilities into sensitive and hazardous freight movements—including defense-sector work—by adding AAT's specialized fleet and expertise.

AIT Worldwide Logistics Acquires Global Transport Solutions Group

February 1, 2024

Logistics & Distribution

AIT Worldwide Logistics has acquired Global Transport Solutions Group (GTS), a Netherlands-headquartered specialist in time-critical marine spare parts logistics. The deal brings GTS’ more than 600 teammates across 16 locations and nine consolidation hubs into AIT’s global network, adding marine spare-parts capabilities, warehouse capacity and new geographic presence in Greece, Japan and the Nordics; terms were not disclosed.