Sheer Logistics, a provider of logistics and supply chain management solutions, recently acquired CargoBarn, a third-party logistics provider based in Atlanta, Georgia.
CargoBarn provides full truckload freight brokerage, expedited, drayage, and other specialized services. The acquisition will enhance Sheer's existing 3PL and freight brokerage offerings through CargoBarn's diverse customer portfolio, extensive carrier network, highly-experienced sales and operations teams, and geographic footprint. The acquisition further bolsters Sheer Logistics' core 4PL/managed transportation services offering. CargoBarn's freight brokerage expertise provides additional depth and breadth to the managed capacity services Sheer Logistics provides to its 4PL/managed transportation services customers. The newly combined entity will operate under the Sheer Logistics brand.
"CargoBarn has distinguished itself in a crowded logistics market through its unwavering focus on providing shippers with seamless and worry-free transportation services," said Joel Gard, CEO of Sheer Logistics. "I am excited to welcome CargoBarn to the Sheer Logistics team. Together, we will deliver enhanced 3PL and 4PL/Managed Transportation services that will help our customers tackle their most complex logistics challenges and enable their continued success."
See also: Analysis: Mergers & acquisitions 2024 outlook
Founded in 2007 in Fresno, California, by logistics industry veteran Cameron Baird, CargoBarn quickly grew, adding offices in Atlanta, Georgia; Dallas, Texas; and Jacksonville, Florida.
"I couldn't be prouder of the organization we built at CargoBarn," Baird said. "By combining with Sheer Logistics, we can offer our customers, carriers, and employees a more diversified portfolio of services and more opportunities for growth. I'm passing the torch to Joel as CEO of the combined organization with confidence that our shared values and complementary business models will foster the next exciting chapter in the CargoBarn story."