GlobalTranz buys Apex Logistics Group

PHOENIX — GlobalTranz Enterprises, Inc., a technology-driven freight management solution provider, has acquired shipping and logistics company Apex Logistics Group.

Utah-based Apex Logistics Group has been operating for over 10 years specializing in LTL, full truckload, temperature-controlled transportation and warehouse management services. The company currently serves an extensive client base, including Anheuser Busch, Del Monte, JR Simplot, Kroger, Niagara, Sysco and US Foods as a result of its expertise in temperature-controlled and truckload freight services.

“As a company that has always focused on creating value for our customers and building long-term partnerships, we are extremely pleased to be joining a market leader like GlobalTranz,” said Luke Saari, president and CEO of Apex Logistics Group. “GlobalTranz will enable us to more quickly expand our freight brokerage services and provide an innovative logistics technology platform that will drive operational efficiencies, cost savings and strategic advantage for our clients.”

“With the addition of Apex Logistics Group, GlobalTranz is gaining an incredible team of logistics professionals,” said Bob Farrell, chairman and chief executive officer of GlobalTranz. “Luke and his team have created a technology-driven freight operation and their expertise will enable us to expand our offerings and increase market share. This acquisition further accelerates our growth and vision to expand our leadership in the 3PL industry.”

Apex Logistics Group is GlobalTranz’s fourth acquisition in 2017, expanding its footprint and capabilities with the additions of Milwaukee-based Global Freight Source, Minneapolis-based Logistics Planning Services and Richmond-based Worthington Logistics. GlobalTranz recently announced its 2017 Q3 earnings; reporting record revenues, up 42 percent year over year.