VAUGHAN, Ontario (June 4, 2019)—The FBI Group today announced that it has acquired Lucas Freight Management, a non-asset-based provider of cross-border transportation management services for manufacturers, retailers, and a wide range of distribution businesses.
“This agreement strengthens FBI’s ability to provide customers with the experience, creativity, and personal approach they expect from the people managing their freight,” said Manny Speranza, Senior Partner, The FBI Group. “Lucas Freight Management built its business from the grassroots and we’re excited for their customers to benefit from greater economies of scale and specialized services while maintaining the relationships they’ve developed over the years.”
Lucas Freight Management, including founder and president Ted Lucas, will shift operations from Goderich, Ontario, to FBI’s headquarters in Vaughan.
“This is a great fit for us,” Lucas said. “FBI understands our business and shares our commitment to client service. Our knowledge, in combination with FBI’s extensive capabilities, will allow us to move freight more efficiently and cost effectively regardless of mode, destination, or size of shipment.”
This is FBI’s fourth acquisition of a non-asset-based logistics company.
“We see tremendous value in the relationships that smaller, more specialized 3PLs and their customers build over the years,” Speranza said. “We want to make sure they can endure without disruption.”
ABOUT THE FBI GROUP
Freight Brokers International Corp., The FBI Group, was founded in 1992 on a vision of providing better customer service and ease of moving goods more efficiently than traditional common carriers. Today FBI is a full-service cross-border logistics company offering all modes of commercial transportation; turnkey pick, pack, and distribution solutions; residential and commercial “white glove” service; short-term and extended warehousing; and a range of supply chain management strategies. www.fbifreight.com
# # #
Manny Speranza, Senior Partner
The FBI Group, 416-580-2406