WWEX Group, a well-known third-party logistics (3PL) provider, is planning to acquire JEAR Logistics, a company that specializes in refrigerated freight. This move is expected to strengthen WWEX Group’s ability to handle temperature-sensitive shipments.
About WWEX Group
WWEX Group was formed in October 2023 by bringing together three major logistics brands: Worldwide Express, GlobalTranz, and Unishippers. With nearly $5 billion in annual revenue, it is now the second-largest privately owned logistics company in the U.S. The company provides a variety of shipping services, including parcel delivery, freight transportation, and complete logistics management for businesses of all sizes.
About JEAR Logistics
JEAR Logistics, founded in 2007, is based in Charleston, South Carolina. The company specializes in truckload and less-than-truckload shipping, with a focus on transporting goods that need to be kept at specific temperatures. JEAR also has offices in Tampa, Florida, and Nashville, Tennessee, and employs over 200 people.
The Acquisition Details
Reports suggest that JEAR Logistics employees were notified of the acquisition on February 14, 2025. The financial terms have not been disclosed, but this deal is expected to help WWEX Group expand its services in the refrigerated freight industry.
Why This Acquisition Matters
More Services for Customers
With JEAR’s experience in refrigerated shipping, WWEX Group will be able to offer better solutions for businesses needing temperature-controlled transport.
Bigger Reach
JEAR’s locations in the southeastern U.S. will help WWEX Group expand its network and improve service in this region.
Better Efficiency
By combining resources, the two companies can improve delivery times, technology, and customer service.
Growing Demand for Refrigerated Freight
Industries like food, pharmaceuticals, and agriculture rely heavily on refrigerated transport. With demand increasing, this acquisition positions WWEX Group to better serve customers in these industries.
WWEX Group’s decision to acquire JEAR Logistics is a strategic step toward expanding its role in refrigerated freight. This move will likely strengthen its service offerings and help meet the rising demand for cold chain logistics.
Lading Logistics streamlines freight operations with cutting-edge solutions, ensuring smooth transportation, cost efficiency, and real-time tracking for businesses that demand reliability.
Disclaimer: This article is based on publicly available information and sources cited below.
Sources: Yahoo Finance, Ainvest, Freightwaves
