Trending...
- Lick Personal Oils Introduces the Ultimate Valentine's Day Gift Collection for Romantic, Thoughtful Gifting
- Standard Forwarding Freight, a long-standing regional carrier, has suspended operations
- FrostSkin Launches Kickstarter Campaign for Patent-Pending Instant-Chill Water Purification Bottle
Logistics technology juggernaut adds asset-based expedited capacity to accelerate execution, increase reliability, and unlock a new era of speed-to-cover for shippers
EASTON, Pa. - nvtip -- MGN Logistics, Inc., a leading provider of technology solutions in freight and transportation management and a logistics technology innovator, today announced the completion of its ninth self-funded acquisition with the purchase of Fast Service LLC, a highly respected, asset-based expedited logistics brokerage built for time-critical freight execution and trusted nationwide for its compliance, responsiveness, and operating discipline.
The acquisition represents the newest strategic addition in a series of growth initiatives by MGN to expand its freight management business and accelerate adoption of its proprietary technology platform, MyMGN Marketplace, an award-winning Transportation Management System (TMS).
Fast Service brings a rare combination of real-world expedited capacity and disciplined execution, including:
"This acquisition is about control, speed, and scale," said Matthew Telesca, Founder and CEO of MGN Logistics. "We're pairing real assets with AI-driven decisioning to build a freight platform that performs when the market is stressed and wins when it's growing."
More on nvtip.com
The acquisition further accelerates MGN's technology roadmap, including advanced AI initiatives under AI Logistics, LLC, based in San Juan, Puerto Rico, focused on automated LTL and TL pricing, intelligent coverage, and real-time execution control across the MyMGN Marketplace.
A Platform Built for the Next Generation of Freight
MyMGN Marketplace is a fully transparent, multi-source freight pricing and execution platform that allows shippers to see, compare, and select real pricing from multiple capacity sources in real time—without hidden fees, percentage markups, or opaque brokerage spreads. It is designed to replace the traditional broker model with truth in pricing, accountability in execution, and trust by design.
MyMGN displays live, side-by-side pricing from customers' own negotiated carrier rates, MGN's private carrier networks, the country's largest 3PLs, real-time spot market and dynamic carrier pricing, enhanced with historical lane intelligence. What shippers see is the true executable price—no hidden fees, no bundled margins, and no post-delivery surprises—enabling faster, more confident decisions as supply chain conditions change.
The acquisition of Fast Service accelerates this mission by embedding asset-based expedited capacity directly into the MyMGN Marketplace, strengthening execution when it matters most, especially in mission-critical shipping environments where delays, capacity gaps, and unreliable coverage are unacceptable.
More on nvtip.com
"AI without assets is theory. Assets without AI are inefficient," added Telesca. "We're building the rare combination of AI-driven decisioning and asset-backed execution. That's the type of platform customers rely on—and competitors struggle to replicate."
About MGN Logistics
MGN Logistics, Inc. is a premier supply chain and Transportation Management System (TMS) provider and a leading provider of technology solutions in freight and transportation management. MGN's cloud-based TMS supports multiple modes of transportation and provides customers with a powerful, easy-to-use platform for supply chain visibility, cost control, and execution. Driven by proprietary technology and deep industry expertise, MGN continues to expand its freight management business through strategic growth initiatives and acquisitions.
The acquisition represents the newest strategic addition in a series of growth initiatives by MGN to expand its freight management business and accelerate adoption of its proprietary technology platform, MyMGN Marketplace, an award-winning Transportation Management System (TMS).
Fast Service brings a rare combination of real-world expedited capacity and disciplined execution, including:
- 80+ dedicated drivers supporting time-critical shipments nationwide
- A specialized expedited cargo van network built for speed, reliability, and service
- Access to a private, vetted network of full truckload providers, enabling faster coverage, reduced fraud exposure, and consistent execution beyond public load boards
"This acquisition is about control, speed, and scale," said Matthew Telesca, Founder and CEO of MGN Logistics. "We're pairing real assets with AI-driven decisioning to build a freight platform that performs when the market is stressed and wins when it's growing."
More on nvtip.com
- Japan's Patented "Hammock'n" Smartphone Band Targets Hand Fatigue From Long Phone Use
- Reditus Group Introduces A New Empirical Model for Early-Stage B2B Growth
- CCHR: Harvard Review Exposes Institutional Corruption in Global Mental Health
- IoT Marketing to Officially Launch Tech Scope Connect at CES After Party
- Goatimus Launches Dynamic Context: AI Prompt Engineering Gets Smarter
The acquisition further accelerates MGN's technology roadmap, including advanced AI initiatives under AI Logistics, LLC, based in San Juan, Puerto Rico, focused on automated LTL and TL pricing, intelligent coverage, and real-time execution control across the MyMGN Marketplace.
A Platform Built for the Next Generation of Freight
MyMGN Marketplace is a fully transparent, multi-source freight pricing and execution platform that allows shippers to see, compare, and select real pricing from multiple capacity sources in real time—without hidden fees, percentage markups, or opaque brokerage spreads. It is designed to replace the traditional broker model with truth in pricing, accountability in execution, and trust by design.
MyMGN displays live, side-by-side pricing from customers' own negotiated carrier rates, MGN's private carrier networks, the country's largest 3PLs, real-time spot market and dynamic carrier pricing, enhanced with historical lane intelligence. What shippers see is the true executable price—no hidden fees, no bundled margins, and no post-delivery surprises—enabling faster, more confident decisions as supply chain conditions change.
The acquisition of Fast Service accelerates this mission by embedding asset-based expedited capacity directly into the MyMGN Marketplace, strengthening execution when it matters most, especially in mission-critical shipping environments where delays, capacity gaps, and unreliable coverage are unacceptable.
More on nvtip.com
- Global License Exclusive Secured for Emesyl OTC Nausea Relief, Expanding Multi-Product Growth Strategy for Caring Brands, Inc. (N A S D A Q: CABR)
- RNHA Affirms Support for President Trump as Nation Marks Historic Victory for Freedom
- American Laser Study Club Announces 2026 Kumar Patel Prize in Laser Surgery Recipients: Ann Bynum, DDS, and Boaz Man, DVM
- Lineus Medical Completes UK Registration for SafeBreak® Vascular
"AI without assets is theory. Assets without AI are inefficient," added Telesca. "We're building the rare combination of AI-driven decisioning and asset-backed execution. That's the type of platform customers rely on—and competitors struggle to replicate."
About MGN Logistics
MGN Logistics, Inc. is a premier supply chain and Transportation Management System (TMS) provider and a leading provider of technology solutions in freight and transportation management. MGN's cloud-based TMS supports multiple modes of transportation and provides customers with a powerful, easy-to-use platform for supply chain visibility, cost control, and execution. Driven by proprietary technology and deep industry expertise, MGN continues to expand its freight management business through strategic growth initiatives and acquisitions.
Source: The NewsRoom
Filed Under: Business, Technology
0 Comments
Latest on nvtip.com
- RZ Logistics Launches Redesigned Website to Start the New Year
- Lick Personal Oils Introduces the Ultimate Valentine's Day Gift Collection for Romantic, Thoughtful Gifting
- Standard Forwarding Freight, a long-standing regional carrier, has suspended operations
- Lacy Hendricks Earns Prestigious MPM® Designation from NARPM®
- Walmart $WMT and COSTCO.COM $COST Distribution as SonicShieldX™ Platform Sets the Stage for Accelerated Growth in 2026: AXIL Brands (N Y S E: AXIL)
- AI-Driven Drug Development with Publication of New Bioinformatics Whitepaper for BullFrog AI: $BFRG Strengthens Its Position in AI Drug Development
- IQSTEL Enters 2026 from a Position of Strength Following Transformational Year Marked by N A S D A Q Uplisting, Record Revenue and First-Ever
- Are You Hiring The Right Heater Repair Company in Philly?
- Mbariket Sets Goal of 20,000 YouTube Subscribers by Jan 1, 2026, Building a Trusted Media Platfor
- IAI Smart Inc. to Unveil Offline-Capable SmartVoice™ Product Line Under Emerson Smart at CES 2026
- Will Affordability Return to Vegas? Trang Hooser Las Vegas Realtor Unveils 2026 Forecast
- Appliance EMT Expands Professional Appliance Repair Services to Hartford, Connecticut
- Java Holdings LLC Acquires +Peptide, Expanding Portfolio Across Coffee, Science, and Functional Nutrition
- OneSolution® Expands to Orlando with New Altamonte Springs Implant Center
- Indian Peaks Veterinary Hospital Launches Updated Dental Services Page for Boulder Pet Owners
- Cocoa Dolce Crafts Artisan Chocolate Gift for Paul McCartney at Las Vegas "Got Back" Concert
- Dugan Air Donates $10,000 to Indian Creek Schools
- Robert DeMaio, Phinge Founder & CEO, Ranked #1 Globally on Crunchbase, Continues to Convert Previous Debt Owed to Him by Phinge into Convertible Notes
- 2025: A Turning Point for Human Rights. CCHR Demands End to Coercive Psychiatry
- The 22% Tax Reality: Finland's New Gambling Law Creates a "Fiscal Trap" for Grey Market Casino Players
