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

Market Opportunity
PX Logo
PX Price(PX)
$0,0169
$0,0169$0,0169
0,00%
USD
PX (PX) Live Price Chart
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

Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45
Exclusive interview with Smokey The Bera, co-founder of Berachain: How the innovative PoL public chain solves the liquidity problem and may be launched in a few months

Exclusive interview with Smokey The Bera, co-founder of Berachain: How the innovative PoL public chain solves the liquidity problem and may be launched in a few months

Recently, PANews interviewed Smokey The Bera, co-founder of Berachain, to unravel the background of the establishment of this anonymous project, Berachain's PoL mechanism, the latest developments, and answered widely concerned topics such as airdrop expectations and new opportunities in the DeFi field.
Share
PANews2024/07/03 13:00
Top U.S. economist says Gold reversal is imminent

Top U.S. economist says Gold reversal is imminent

The post Top U.S. economist says Gold reversal is imminent appeared on BitcoinEthereumNews.com. Considering its traditional position as a ‘safe haven’ asset and
Share
BitcoinEthereumNews2026/04/02 18:10