Freight broker Fura’s latest deal adds $30M in revenue

Freight broker Fura has acquired truckload brokerage Road Dog Logistics, bolstering its platform with an estimated $30 million in revenue. This marks Fura's eighth acquisition, significantly expanding its over $100-million AI-powered platform. Fura focuses on brokers with less than $30 million in annual revenue, a segment often overlooked by private equity.

The financial terms of the transaction were not disclosed. Road Dog's team will continue managing daily operations but will soon transition to Fura's technology platform, which offers AI quoting, carrier-sales functions, and shipment visibility.

Jeff Dangelo, co-founder and CEO of Fura, expressed enthusiasm about adding Road Dog to the platform, praising its great brokers, loyal customers, and strong reputation. The company aims to provide the team with better tools and support, allowing them to focus on business growth rather than administrative tasks. The acquisition strengthens Fura's position in managed transportation and provides a food-and-beverage customer base.

In August, Fura acquired High Rise Logistics, a Vancouver, Washington-based firm specializing in flatbed, expedited, and less-than-truckload transportation. In June, Fura acquired LG Logistics Solutions, a truckload, less-than-truckload, and intermodal 3PL provider.

Steve Micheli, co-founder of Road Dog, emphasized that Fura's technology and scale will enable the company to continue growing while maintaining the exceptional level of service and personal connections valued by their customers. This move demonstrates Fura's repeatable model for consolidating the fragmented freight brokerage industry, focusing on migrating acquisitions to a shared AI-powered automation platform to drive lean operations and efficiency.