MODE Global Announces Acquisition of Avenger Logistics
DALLAS, February 24, 2021 — MODE Global, LLC (“MODE Global” or the “Company”) has announced that it has completed the acquisition of Avenger Logistics (“Avenger”). Avenger is based out of Chattanooga, Tennessee offering OTR and LTL services throughout North America. Following the acquisition, MODE Global will now facilitate more than 1.5 million annual customer shipments and generate over $2 billion of revenue.
The Company now offers an even broader range of truckload capabilities, along with all major modes of transportation including less-than-truckload, rail intermodal, air, ocean, parcel freight and supply chain. The Company will leverage its increased scale and resources to continue investing in technology and innovation for the benefit of its agent, shipper, and carrier communities.
“Avenger’s extensive knowledge in the flatbed, high-wide-and heavy, dimensional, and specialized trucking market coupled with their talent is a perfect fit to broaden our capabilities,” comments Lance Malesh, MODE’s CEO & President. “We are excited to have enhanced the innovation and value we bring to our customers, agents and carriers.”
“The Avenger team is excited to have the resources and support of MODE to allow us to expand further in offering our customers and carriers the best solutions and greatest value for solving complex shipping challenges,” said Jason Roberts, President of Avenger Logistics.
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