Transportation & Logistics

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At a Glance

Meliora Advisory’s Transportation & Logistics practice offers sell-side M&A advisory to asset-light and asset-intensive operators across freight, last-mile, 3PL, and specialty transport sectors. We’re known for helping founder-led and family-owned businesses navigate the complex buyer landscape, especially in high-fragmentation markets. Most of our clients are selling for the first time often after decades of building and we guide them through a structured process that’s grounded in sector knowledge and buyer strategy. The result: less noise, more fit, and maximum value at the finish line.

Who We Serve

Focused on Founders, Built for Outcomes

Transportation & Logistics M&A Advisors | Meliora Advisory

3PL & Tech-Enabled Logistics

Advanced logistics solutions powered by real-time data, smart automation, and efficiency.

 

Transportation & Logistics M&A Advisors | Meliora Advisory

Warehousing & Distribution

Storage, inventory, and fulfillment services built for dynamic modern supply chains.

 

Transportation & Logistics M&A Advisors | Meliora Advisory

Last-Mile Delivery

Final-leg logistics services tailored for speed, convenience, and broad customer reach.

 

Transportation & Logistics M&A Advisors | Meliora Advisory

Asset-Based Transportation

Freight solutions backed by reliable owned fleets and extensive nationwide delivery capacity.

 

Recent Reports

Signal Over Noise

Notable Transactions

Outcomes That Speak for Themselves

*Includes engagements where Meliora’s principals were involved while affiliated with other firms; logos shown for identification only, no endorsement implied.

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Acquisition of

Ascent Global Logistics acquired by H.I.G. Capital

Buyside Advisor

In August 2023, an affiliate of H.I.G. Capital completed its acquisition of Ascent Global Logistics, following a definitive agreement announced on August 22. The deal expands H.I.G.’s presence in expedited transportation and supply chain services by adding Ascent’s advanced capabilities in time-critical freight, including ground and air logistics, and its proprietary PEAK freight marketplace. This acquisition fits H.I.G.’s strategy of investing in asset-light, tech-enabled service providers in essential logistics sectors.

 

H.I.G. Capital is a Miami-based global private equity firm with approximately $58 billion in assets under management at the time. Founded in 1993, H.I.G. focuses on middle-market investments and takes a hands-on, operationally driven approach. It has invested in over 400 companies across logistics, healthcare, infrastructure, and other sectors worldwide.

 

Ascent, headquartered in Michigan, is a leading provider of freight forwarding, truck brokerage, and managed transportation services. Serving clients in aerospace, healthcare, manufacturing, and technology sectors, Ascent provides time-critical shipments through air charter, expedited ground, and courier solutions.

Sale to

Impactful Fulfillment Services acquired by Ryder System

Sellside Advisor

On October 23, 2023, Ryder System, Inc. announced its acquisition of Impact Fulfillment Services (IFS), with the deal expected to close in early November. IFS is a provider of contract packaging, manufacturing, and warehousing solutions, serving the consumer packaged goods (CPG), retail, and healthcare sectors. The acquisition adds an estimated $250 million in annual revenue to Ryder’s Supply Chain Solutions segment and strengthens its capabilities in co-packing and co-manufacturing.

 

Headquartered in Miami, Florida, Ryder System offers integrated logistics, fleet management, and dedicated transportation services across North America and the U.K. Its acquisition of IFS aligns with Ryder’s strategic goal of expanding high-margin logistics services and serving vertically integrated clients.

 

IFS, based in Burlington, Massachusetts, operates 15 facilities across nine states including Texas, Illinois, and Pennsylvania and employs around 1,000 staff. The company is known for blending and filling dry powder and viscous products and partners with U.S. brands to deliver customized co-packing and co-manufacturing solutions across complex supply chains.

Acquisition of

Sky Transportation Services acquired by Warehouse Services

Buyside Advisor

On September 28, 2023, Warehouse Services Inc. (WSI) announced its acquisition of Sky Transportation Services, a dry van carrier headquartered in El Paso, Texas. The deal expands WSI’s cross-border capabilities between the U.S. and Mexico and brings in more than $60 million in additional annual revenue. Sky operates 200 trucks, 500 trailers, and employs approximately 150 drivers, significantly increasing WSI’s fleet and freight capacity.

 

Founded in 1986 and headquartered in Piedmont, South Carolina, WSI is a privately held, women-owned third-party logistics (3PL) provider with over 20 million square feet of warehouse space across 19 U.S. states and Canada. The acquisition supports WSI’s strategic growth in transportation and border logistics.

 

Sky Transportation, founded by Albert Luna, specializes in dry van shipments across the Southwest U.S. and into Mexico. Known for its safety and customer satisfaction, Sky will continue to operate under Luna’s leadership. The partnership positions WSI to deliver more integrated, end-to-end logistics solutions.

Sale to

Transportation & Logistics M&A Advisors | Meliora Advisory

DHL Supply Chain Acquires Inmar Supply Chain Solutions

Sellside Advisor

In January 2025, DHL Supply Chain, part of Deutsche Post DHL Group, acquired Inmar Supply Chain Solutions, the reverse logistics division of Inmar Intelligence. The deal included 14 return centers and 800 employees across North America, making DHL the region’s largest reverse logistics provider. It expands DHL’s e-commerce returns capabilities with services such as remarketing, recall management, and analytics, while Inmar retained its pharmaceutical reverse-distribution operations.

 

DHL Supply Chain, headquartered in Westerville, Ohio, is a global leader in contract logistics, operating in over 220 countries and territories. The company provides warehousing, transportation, value-added services, and supply chain management across industries including retail, technology, automotive, and life sciences. As part of Deutsche Post DHL Group, it supports the group’s Strategy 2030 priorities in growth and sustainability.

 

Inmar Supply Chain Solutions, based in Winston-Salem, North Carolina, specialized in reverse logistics for retail and e-commerce. Its technology-driven programs diverted 99% of returned goods from landfills, serving top consumer goods, apparel, electronics, and specialty retail brands.

Acquisition of

Dotcom Distribution acquired by Ryder System

Buyside Advisor

Ryder System acquired Dotcom Distribution in November 2022, strengthening its e-commerce and omnichannel fulfillment capabilities. The acquisition included Dotcom’s 400,000-square-foot New Jersey facility, bolstering Ryder’s presence in high-growth categories like health, beauty, and fashion. The move supports Ryder’s strategy to scale its national fulfillment network and service for direct-to-consumer brands.

 

Ryder, headquartered in Coral Gables, Florida, is a leading logistics and transportation company providing fleet management, supply chain, and last-mile delivery services across North America. It has aggressively expanded its e-fulfillment division, automation, and warehousing through targeted acquisitions to meet evolving retail logistics demands.

 

Dotcom Distribution, based in Edison, New Jersey, is a third-party logistics provider focused on e-commerce fulfillment. Known for custom packaging, order precision, and brand-centric service, Dotcom has built long-standing relationships with consumer brands. Ryder retained Dotcom’s workforce and leadership to ensure business continuity and maintain service quality during post-acquisition integration.

Acquisition of

Midwest Warehouse acquired by Ryder System

Buyside Advisor

Ryder System, Inc. completed its acquisition of Midwest Warehouse & Distribution System on November 1, 2021, following an agreement reached in late October. Midwest operated 17 warehousing facilities – nine multi-client and eight dedicated – primarily in Chicago, with additional sites in New York, Pennsylvania, Tennessee, and Texas. Ryder estimated the acquisition would contribute $135 million in annual revenue to its Supply Chain Solutions segment, furthering its strategy of scaling high-return logistics services.

 

Based in Coral Gables, Florida, Ryder is a leading logistics company operating across North America and the U.K. Its services span fleet management, transportation, e-fulfillment, and last-mile delivery, with over 300 warehouses and more than 230,000 vehicles under management. 

 

Midwest, headquartered in Woodridge, Illinois, provided third-party logistics, warehousing, and transportation services, primarily in food, beverage, and CPG sectors. Ryder retained Midwest’s leadership and staff to ensure operational continuity and seamless integration into its national distribution network.

Acquisition of

Whiplash acquired by Ryder System

Buyside Advisor

Ryder System, Inc. completed the acquisition of Whiplash for $480 million in cash on January 1, 2022. The deal added approximately $480 million in gross revenue to Ryder’s Supply Chain Solutions segment and significantly expanded its presence in the e-commerce and omnichannel fulfillment space. This move supported Ryder’s strategy to accelerate growth in logistics verticals, particularly in technology-driven fulfillment services.

 

Ryder, headquartered in Miami, Florida, is a leading provider of dedicated transportation, fleet management, and supply chain solutions, with a focus on North America and the U.K. The Whiplash acquisition reflects Ryder’s continued investment in scalable, tech-enabled operations that support end-to-end fulfillment.

 

Whiplash, headquartered in City of Industry, California, provides omnichannel fulfillment services to over 250 brands. With a national network of 19 warehouses totaling nearly seven million square feet, Whiplash delivers distribution, customer care, value-added warehousing, and transportation services. Acquisition boosts Ryder’s digital commerce capabilities and enhances customer flexibility and speed to market.