We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » GlobalTranz Acquires Circle 8 Logistics
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

GlobalTranz Acquires Circle 8 Logistics

April 2, 2019
No Comments

GlobalTranz Enterprises, Inc., a leading technology and third-party logistics solutions company providing award-winning Transportation Management System (TMS) products to shippers, logistics service providers and carriers, today announced that it has acquired Circle 8 Logistics, a service-driven provider of third-party multimodal transportation and logistics services throughout North America. Circle 8 is GlobalTranz's 9th acquisition since January of 2017 and represents continued delivery of industry-leading organic growth augmented by strategic combinations.

"Since the founding of our business in 2001, Circle 8 has provided innovative solutions with honesty and integrity," said Mike Lewis, co-founder and co-CEO of Circle 8. "Combining with GlobalTranz allows us to continue this history while providing our customers with increased service offerings, access to capacity and advanced technology." Co-founder and co-CEO Ryan Phillips added, "we pride ourselves on employee retention and efficiency, which in turn enables us to better serve our customers and carriers. As part of GlobalTranz, we will be able to continue our service-driven mentality while concurrently providing an environment for our employees to grow."

With the acquisition of Circle 8, GlobalTranz continues to expand its presence in the Chicago area. With offices in Niles and Lombard, along with its office in downtown Chicago, GlobalTranz has access to and options for the area's rich logistics and technology talent.

"Circle 8 has a strong history of providing its customers with superior services and logistics solutions," said Renee Krug, chief executive officer of GlobalTranz. "Circle 8 has combined a focus on people, processes and technology to drive growth via unique solutions for its customers and strong carrier partnerships. The combination will further accelerate our growth and market leadership in the 3PL industry," added Krug.

Ranked the 10th largest freight brokerage in the US by Transport Topics and voted an Inbound Logistics Top 10 3PL for 2018, GlobalTranz is driving strong growth with 25,000+ customers through technology innovation, a network of 34,000+ carriers, transformative M&A, creative products and superior customer service delivered by the best people in the industry.

"GlobalTranz is clearly executing on its strategy of driving growth both organically and via complementary, accretive acquisitions," said Bob Farrell, executive chairman of GlobalTranz. Farrell added, "Our unique hybrid combination of the best independent freight agents in the industry with our strong direct channels is a clear differentiator. Circle 8 will further enhance our channels to market."

Mesirow Financial, Inc. served as the exclusive financial advisor to Circle 8 Logistics, Inc.

For more information, visit https://www.globaltranz.com/ and follow us on LinkedIn and Twitter @globaltranz.

More Info: https://www.globaltranz.com/blog/globaltranz-acquires-circle-8-logistics/

Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
  • Related Articles

    GlobalTranz Acquires Cerasis

    Transportation Insight Holding Company Acquires Platinum Circle Group

    GlobalTranz Named One of "10 Best Logistics Tech Solutions Providers" by Insights Success

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Best practices in logistics sustainability

  • Supply chain executives not yet seeing expected results from technology investments

  • Postal Service plans to seize items mailed with fake stamps

  • Inflation drops again as interest rate hikes hit home, NRF says

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing