Transportation and logistics provider Cardinal Logistics announced Wednesday that it acquired last-mile delivery provider NRX Logistics.
The deal is expected to nearly double Cardinal’s annual final-mile deliveries to approximately 1.1 million. It also expands its high-touch delivery capabilities of heavy goods like furniture, appliances, bedding and exercise equipment.
Financial terms of the transaction were not disclosed. NRX generated $35 million in annual revenue prior to the announcement.
“Thi...
https://www.freightwaves.com/news/cardinal-logistics-acquires-final-mile-provider-nrx