NewsWSJ: Digital freight startup CDL 1000 acquires rival NEXT Trucking

February 12, 2024by 0

THE WALL STREET JOURNAL reports:
Digital freight broker CDL 1000 acquired competitor NEXT Trucking in an equity deal that extends consolidation in the struggling, technology-focused business of matching trucks and shipments.

The agreement combines Chicago-based CDL 1000’s business, which manages loads on short-haul routes between seaports and warehouses, with similar services at Long Beach, Calif.-based NEXT Trucking focused on the nation’s busiest container port complex at Los Angeles and …

The post WSJ: Digital freight startup CDL 1000 acquires rival NEXT Trucking appeared first on The Loadstar.

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