NewsMacroFura Acquires Pacific Northwest Freight Broker High Rise Logistics

Fura Acquires Pacific Northwest Freight Broker High Rise Logistics

Author: FreightWaves·

Key Takeaways

  • Fura's acquisition of High Rise Logistics represents the seventh deal in its consolidation strategy targeting freight brokerages across the United States.
  • High Rise Logistics, based in Vancouver, Washington, offers multiple transportation modes including flatbed, truckload, expedited, intermodal, drayage, and warehousing services with a strong Pacific Northwest presence.
  • Fura integrates each acquired brokerage onto a shared AI-powered platform featuring automated bidding, carrier-sales functions, and shipment visibility tools to drive leaner operations.
  • High Rise's existing leadership team will retain responsibility for daily operations while leveraging Fura's technology infrastructure to enhance competitiveness and scalability.
  • The transaction reflects a broader industry trend of technology-enabled consolidation in the fragmented freight brokerage sector, accelerated by margin pressures from a prolonged freight market downturn in 2023 and 2024.
Fura Acquires Pacific Northwest Freight Broker High Rise Logistics

Freight brokerage Fura announced on Tuesday that it has acquired High Rise Logistics, marking the seventh acquisition for the Cincinnati-based, AI-powered third-party logistics (3PL) company. Financial terms of the transaction were not disclosed.

Vancouver, Washington–based High Rise Logistics provides flatbed, expedited, truckload, and less-than-truckload transportation services. The company maintains a strong presence in the Pacific Northwest and also offers intermodal, drayage, and warehousing capabilities.

Fura's strategy centers on acquiring freight brokerages and integrating technology and automation into their operations to enhance scalability. The approach reflects a wider trend of technology-enabled consolidation in the freight brokerage sector, which spans thousands of mostly small operators across the United States. A prolonged freight market downturn through 2023 and 2024 added pressure on margins across the sector, particularly among smaller brokers.

"What we're doing has never been done in logistics — we're buying great businesses and transforming them at a speed this industry has never seen," said Jeff Dangelo, co-founder and CEO of Fura. "High Rise is a perfect fit for our roll-up: great customers, a great team, and exactly the kind of business that gets supercharged the moment you put our technology behind it."

Following the acquisition, High Rise's leadership team will continue to oversee daily operations while gaining access to Fura's technology platform, which includes AI-powered bidding, carrier-sales functions, and shipment visibility tools. Such capabilities have become increasingly important competitive factors as brokerages compete on speed of quoting, carrier matching, and shipment transparency.

"The logistics world is transforming fast, and we wanted to be able to compete with anyone," said Denis Russu, High Rise co-founder. "Fura makes that possible — it puts powerful technology in our people's hands, transforms the customer experience, and lets us scale without the burden of having to innovate on our own."

Fura's approach represents a repeatable model for consolidating the highly fragmented freight brokerage sector. Rather than simply acquiring businesses and absorbing their overhead, the company migrates each acquisition onto a shared AI-powered automation platform designed to drive leaner operations and greater efficiency. With seven acquisitions completed, Fura has built a growing portfolio of brokerages on its platform through a consistent acquisition cadence.