PX Holdings and Redwood Forge New Path in North American Logistics

CHICAGO, IL – February 19, 2026 – In a strategic maneuver set to reshape key North American trade lanes, PX Holdings Inc. has acquired Freight Exchange of North America from Redwood Logistics. While acquisitions often mark the end of one chapter, this transaction is being framed as the beginning of a deeper, more integrated partnership, combining PX Holdings' growing asset-backed fleet with Redwood's advanced fourth-party logistics (4PL) technology and management expertise.

The deal, for which financial terms were not disclosed, transfers ownership of the freight brokerage to PX Holdings, the parent company of Pure Freight Lines. However, it simultaneously cements a collaborative framework designed to accelerate growth for Pure Freight while allowing Redwood to extend its sophisticated 4PL model over a larger, more robust transportation platform. This move signals a deliberate shift from transactional relationships to a long-term, synergistic alliance aimed at tackling the complexities of the modern supply chain.

A New Blueprint for Logistics Partnerships

This agreement is more than a simple transfer of assets; it is a calculated restructuring of a relationship. Pure Freight gains immediate scale, operational density, and an expanded physical footprint, particularly in the manufacturing hubs of the Midwest and critical U.S.–Mexico border markets. For Redwood, the move allows it to focus on its core strength: orchestrating complex supply chains through technology and managed services, now with a dedicated, asset-backed partner.

“This acquisition represents a major step forward in our growth strategy, but just as importantly, it strengthens our partnership with Redwood,” said Milo Dubak, CEO of PX Holdings Inc. and Pure Freight Lines Ltd., in a statement. “By bringing Freight Exchange of North America into PX Holdings, we are expanding our footprint in Chicago, the Midwest, and key U.S.–Mexico border markets while creating more consistent, long-term opportunities for our customers, drivers, and owner-operators.”

Redwood Logistics will remain deeply embedded in the day-to-day operations, continuing to manage and oversee freight moving through the network. This unique structure ensures service continuity for existing customers while leveraging Redwood's expertise to optimize the expanded network.

“This partnership allows Redwood to continue delivering a modern 4PL model that combines execution, integration, and managed services to help customers scale,” noted Steve Walton, Chief Growth Officer at Redwood Logistics. He emphasized that Redwood will ensure a seamless experience for customers by “continuing to support the Freight Exchange of North America business and working alongside the Pure Freight team.”

Targeting the Booming U.S.-Mexico Trade Corridor

The timing of this partnership is particularly astute, aligning perfectly with the explosive growth in U.S.-Mexico trade. Driven by a global nearshoring trend, Mexico surpassed China as the top U.S. trading partner in 2023, with bilateral trade approaching $800 billion. The U.S.-Mexico cross-border freight market is projected to swell from over $73 billion in 2025 to more than $90 billion by 2030.

This acquisition strategically positions the partnership to capitalize on this boom. Pure Freight’s expanded network now has increased density in high-volume border gateways including El Paso and Pharr, with concrete plans for further expansion into Laredo—a port that handles a massive volume of truck freight. By integrating Pure Freight’s asset-backed capacity with Redwood's management, the alliance aims to offer a more reliable and less volatile solution for shippers navigating the notoriously challenging cross-border market, where capacity constraints and complex logistics are common hurdles.

The unified model is designed to improve lane density and create more efficient round trips between the industrial Midwest and the Mexican border, reducing empty miles and enhancing overall network efficiency. This provides a compelling value proposition for manufacturers and shippers seeking to build more resilient and cost-effective North American supply chains.

The Digital Fabric of Modern Freight

At the heart of this partnership is the integration of two powerful technology platforms: Pure Freight’s AMOUS TMS and Redwood’s proprietary RedwoodConnect™. This technological fusion is the key to creating the “unified operating model” both companies tout as a major competitive differentiator.

Pure Freight, which operates as a technology-driven carrier, already leverages AMOUS TMS for real-time visibility and data-driven execution. The system has proven its value, helping the company eliminate thousands of dollars in monthly fuel fraud through advanced digital payment integrations. This foundation of operational tech will now be woven into a much larger digital ecosystem.

RedwoodConnect™ acts as the central nervous system of the partnership. It is an Integration Platform as a Service (iPaaS) built specifically for the logistics industry, designed to seamlessly connect disparate systems, partners, and data sources. It functions as a “digital fabric layer,” allowing for the orchestration of both physical and digital supply chain events. For customers, this translates into end-to-end visibility, proactive risk management, and the ability to make smarter, data-backed decisions. The platform’s ability to connect modern and legacy systems alike reduces the burden on shippers' IT departments and accelerates the integration process.

Enhanced Reliability in a Volatile Market

For shippers, the ultimate promise of the PX Holdings and Redwood Logistics partnership is stability in an often-unstable market. By pairing a growing asset base with a sophisticated 4PL management layer, the alliance aims to insulate customers from the price volatility and capacity crunches that plague the transactional freight market.

Freight currently managed by Redwood will transition to the Pure Freight platform without disruption, as Redwood remains the orchestrator of movement, oversight, and optimization. This structure is intended to deliver greater consistency at scale. Customers will benefit from a single, integrated solution that combines the reliability of asset-backed capacity with the flexibility and intelligence of a top-tier managed transportation provider.

In a competitive landscape where many logistics providers are either asset-heavy or asset-light, this hybrid approach carves out a unique position. It offers a solution that is both robust in its physical capabilities and agile in its digital execution, tailored for the demands of an increasingly interconnected and fast-paced North American economy.