CHICAGO–(BUSINESS WIRE)–PX Holdings Inc., the parent company of Pure Freight Lines Ltd. and Pure Freight Management, and Redwood Logistics, the most technologicallyCHICAGO–(BUSINESS WIRE)–PX Holdings Inc., the parent company of Pure Freight Lines Ltd. and Pure Freight Management, and Redwood Logistics, the most technologically

PX Holdings Inc. and Redwood Logistics Announce Strategic Partnership Following Acquisition of Freight Exchange of North America

2026/02/19 23:49
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

CHICAGO–(BUSINESS WIRE)–PX Holdings Inc., the parent company of Pure Freight Lines Ltd. and Pure Freight Management, and Redwood Logistics, the most technologically advanced fourth-party logistics (4PL) provider, today announced a strategic expansion of their relationship following PX Holdings’ acquisition of Freight Exchange of North America from Redwood Logistics.

The transaction is designed to accelerate growth for Pure Freight while positioning Redwood to extend its 4PL model across a broader transportation platform built on complementary strengths and continued collaboration.

“This acquisition represents a major step forward in our growth strategy, but just as importantly, it strengthens our partnership with Redwood,” said Milo Dubak, CEO, PX Holdings Inc. and Pure Freight Lines Ltd. “By bringing Freight Exchange of North America into the PX Holdings, we are expanding our footprint in Chicago, the Midwest, and key U.S.–Mexico border markets while creating more consistent, long-term opportunities for our customers, drivers, and owner-operators.”

Through the continued collaboration, Pure Freight gains additional scale, asset-backed capacity, and operational density, particularly across Midwest manufacturing hubs and high-volume border gateways including El Paso and Pharr, with planned expansion into Laredo. Redwood remains deeply involved in the orchestration and execution of freight through its 4PL model, ensuring continuity, stability, and service consistency as the network grows.

“This partnership allows Redwood to continue delivering a modern 4PL model that combines execution, integration, and managed services to help customers scale,” said Steve Walton, Chief Growth Officer, Redwood Logistics. “By continuing to support the Freight Exchange of North America business and working alongside the Pure Freight team, we are expanding the reach of our 4PL capabilities while ensuring a seamless experience for customers whose freight continues to move through the network.”

Customers will benefit from a unified operating model that pairs Pure Freight’s growing asset base with Redwood’s managed transportation and integration expertise. Freight currently supported by Redwood will continue to be managed without disruption, with Redwood remaining involved in the movement, oversight, and optimization of freight as it transitions into the Pure Freight platform. This structure is designed to reduce exposure to market volatility, improve lane density between the Midwest and the border, and deliver greater consistency and reliability at scale.

About PX Holdings Inc.

PX Holdings Inc. is a Chicago-based, family-owned, technology-driven transportation and logistics company built on honesty, accountability, and disciplined growth.

Founded in 2014 with the launch of Pure Freight Lines Ltd., the company has evolved into a scalable, asset-backed platform serving the Midwest and key U.S.–Mexico border markets. Through Pure Freight Lines and Pure Freight Management, PX Holdings delivers dedicated transportation, team, and expedited services, high-value freight solutions, and asset-backed capacity built around long-term strategic partnerships rather than transactional freight.

Pure Freight operates as a technology-driven carrier, leveraging its partnership with AMOUS TMS to deliver real-time visibility, advanced integrations, and data-driven execution across its network. PX Holdings remains committed to advancing the technology-first foundation established alongside Redwood and Freight Exchange of North America, expanding platform capabilities through strategic partnerships with AMOUS TMS and RedwoodConnect to support scalable, integrated growth.

Committed to customers, drivers, and disciplined national expansion, PX Holdings continues to scale while preserving the service standards and culture that define its roots.

About Redwood

Redwood Logistics® is a leading logistics platform company and modern 4PL headquartered in Chicago. For more than two decades, Redwood has delivered innovative solutions for moving and managing freight while helping shippers build smarter and more adaptable supply chains. Redwood is a modern 4PL that unifies logistics execution, supply chain technology, and open-ecosystem integration to run, optimize, and continually improve complex supply chains.

This model brings together deep multimodal execution expertise with advanced integration and orchestration capabilities to provide real-time visibility, reduce operating costs, and support more intelligent end-to-end operations.

This approach is powered by RedwoodConnect™, a digital supply chain integration platform that links partners, technologies, and processes into a coordinated and flexible ecosystem. Through this platform-driven strategy, Redwood enables customers to shape their own digital supply chain fingerprint and access the tools, insights, and experience required to manage dynamic logistics networks.

Contacts

Media Contact:
Tyler Thornton tyler@leadcoverage.com
Milo Dubak pr@purefreightlines.com

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Stablecoins firm as Mastercard enables stablecoin settlement

Stablecoins firm as Mastercard enables stablecoin settlement

The post Stablecoins firm as Mastercard enables stablecoin settlement appeared on BitcoinEthereumNews.com. What Mastercard’s Crypto Partner Program is and how it
Share
BitcoinEthereumNews2026/03/12 10:44
South Africa launches HIV vaccine trial

South Africa launches HIV vaccine trial

South Africa HIV vaccine trial efforts are advancing after researchers launched the first locally developed HIV vaccine study on the continent.   South Africa expands
Share
Furtherafrica2026/03/12 09:30
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21