Fura acquires Pacific Northwest freight broker
AI-powered freight broker Fura announced it has acquired High Rise Logistics for an undisclosed sum. The post Fura acquires Pacific Northwest freight broker appeared first on FreightWaves.
Source Lens
Industry Context
Useful background context, but lower-priority than direct platform, community, or operator intelligence.
Impact Level
medium
Use this briefing to decide whether your team needs an immediate workflow, policy, or reporting change.
Key Stat / Trigger
No single quantitative trigger surfaced in this report.
Focus on the operational implication, not just the headline.
Full Coverage
Freight broker Fura announced Tuesday that it has acquired High Rise Logistics. The latest transaction marked the seventh acquisition for the Cincinnati-based AI-powered 3PL. Vancouver, Washington–based High Rise provides flatbed, expedited, truckload and less-than-truckload transportation.
It has a large presence in the Pacific Northwest and also offers intermodal, drayage and warehousing services. Financial terms of the transaction were not disclosed. Fura is rolling up freight brokers and layering tech and automation into their operations to magnify scale.
“What we’re doing has never been done in logistics — we’re buying great businesses and transforming them at a speed this industry has never seen,” said Jeff Dangelo, co-founder and CEO of Fura.
“High Rise is a perfect fit for our roll-up: great customers, a great team, and exactly the kind of business that gets supercharged the moment you put our technology behind it.”
High Rise’s leadership team will continue to manage daily operations, but will now have access to Fura’s tech platform, which provides AI-powered bidding, carrier-sales functions and shipment visibility. “The logistics world is transforming fast, and we wanted to be able to compete with anyone,” said Denis Russu, High Rise co-founder.
“Fura makes that possible — it puts powerful technology in our people’s hands, transforms the customer experience, and lets us scale without the burden of having to innovate on our own.” Why it matters? Fura is demonstrating a repeatable model for consolidating the highly fragmented freight brokerage industry.
Rather than simply stacking businesses and inheriting their overhead costs, they are migrating acquisitions onto a shared AI-powered automation platform to drive lean operations and efficiency.
More FreightWaves articles by Todd Maiden: Proficient Auto Logistics’ latest deal pushes market share to 25% Forward Air takes step in right direction in Q2 Transportation capacity falls faster in July, rates remain high The post Fura acquires Pacific Northwest freight broker appeared first on FreightWaves.
Original Source
This briefing is based on reporting from Freightwaves. Use the original post for full primary-source context.
Style
Audience