Transport Corporation of America, a subsidiary of TransForce, announced its acquisition of a majority stake in Optimal Freight, a privately held non-asset based truckload freight brokerage company.
Founded in 2011 and headquartered in Chicago, IL, Optimal Freight provides brokerage services throughout the United States, Canada, and Mexico. By means of data and technology, Optimal Freight manages the requirements, capabilities, and freight patterns of shippers and carriers.
"This is an exciting opportunity for Transport America's customers and employees, allowing us to significantly expand our capabilities to provide solutions for customers outside of our current asset footprint," said Keith Klein, president of Transport America. "We look forward to working together with Noam Frankel, President of Optimal Freight, and his team to build on the success of both organizations."
Noam Frankel said, "We are excited to be a part of a company which maintains the same core values as our organization was founded on. Optimal Freight has strengths in van, flat bed, refrigerated services, and over dimensional operations, and we look forward to utilizing Transport America extensive full truckload and intermodal operations. With Transport America's support, we are eager to offer customers a more robust range of services in more locations."