Freight Broker Fura Expands with Fifth Acquisition

In a move to expand its logistics capabilities, third-party logistics provider Fura has announced the acquisition of fellow Texas-based broker Barton Logistics. This marks Fura's fifth acquisition, solidifying its position as a growing force in the freight brokerage industry. According to FreightWaves, Fura has been on an acquisition spree in recent years, with this latest deal following previous purchases of Freight Movers, Freight Movers Express, Freight Movers Logistics, and Freight Movers Brokerage. The company has stated that these acquisitions are part of its strategy to build scale and enhance its service offerings to customers. 'Fura's acquisition of Barton Logistics aligns with our vision of becoming a leading national freight brokerage,' said Fura's CEO in a statement. 'By combining our resources and expertise, we can provide even more comprehensive logistics solutions to our growing customer base.' The maritime industry has seen increased M&A activity among freight brokers and third-party logistics providers as companies seek to gain scale, expand geographic reach, and diversify service capabilities. This latest deal demonstrates Fura's ambitions to be a major player in the sector.