NFI Acquires Transfix Freight Brokerage Operation
June 5, 2024
NFI acquired Transfix's freight brokerage operation, adding more than 15,000 carriers to its carrier network and integrating Transfix's brokerage capabilities with its existing logistics platform. Transfix will divest the brokerage business to focus entirely on its software and data solutions (the Transfix Intelligent Freight Platform), with NFI becoming the first third-party customer of Transfix's TMS.
- Buyers
- NFI
- Targets
- Transfix
- Sellers
- Transfix
- Industry
- Logistics & Distribution
- Location
- New York, United States
- Transaction Type
- Divestiture
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