Canadian bulk carrier Trimac Transportation announced Wednesday it has acquired technology-driven freight brokerage Zengistics Inc. Terms of the deal were not disclosed.
“This is an exciting benchmark in our Trimac history and we are delighted to partner with such a dynamic team at Zengistics,” said President and CEO Matt Faure in the release.
With 50 employees, Austin, Texas-headquartered Zengistics will continue as a stand-alone company.
The acquisition is different from the bulk carrier’s...
https://www.freightwaves.com/news/trimac-transportation-acquires-digital-broker-zengistics