BlueGrace acquires Michigan-based 3PL
Yahoo Finance·2025-11-12 14:38

Core Insights - BlueGrace Logistics has acquired STB Freight Group, a 3PL provider, enhancing its logistics capabilities and customer offerings [1][4] - The acquisition allows STB customers to access BlueGrace's Managed Logistics platform, which includes advanced optimization and analytics tools [2][4] Company Overview - STB Freight Group is based in Michigan and specializes in freight transportation across various sectors, including retail, food, automotive, aerospace, and manufacturing, primarily in North America [1] - BlueGrace Logistics, headquartered in Tampa, Florida, serves over 10,000 customers and operates nine offices in the U.S. and Mexico, utilizing its BlueShip platform with over 250,000 carriers [3] Strategic Benefits - The merger provides STB customers with the scale and technology of a national managed transportation provider while maintaining personalized service [4] - This acquisition follows BlueGrace's earlier purchase of FreightCenter, which focused on less-than-truckload (LTL) services, indicating a strategic expansion in logistics capabilities [4]