Sheer Logistics acquired CargoBarn, a tech-enabled third-party logistics provider (3PL) that provides full truckload freight brokerage, expedited, drayage, and other specialized services.
The acquisition will enhance Sheer’s existing 3PL and freight brokerage offerings through the addition of CargoBarn’s diverse and complementary customer portfolio, extensive carrier network, highly experienced sales and operations teams, and geographic footprint.
“CargoBarn has distinguished itself in a crowded logistics market through its unwavering focus on providing shippers with seamless and worry-free transportation services,” says 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.”
“I couldn’t be prouder of the organization we built at CargoBarn,” says Cameron Baird, founder of CargoBarn. “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.”
Key takeaways:
- 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 many of its 4PL/managed transportation services customers.
- The newly combined entity will ultimately operate under the Sheer Logistics brand.
