The Seller: Pioneer Transfer is a leading third party freight brokerage company in the transportation and shipping services industry. Pioneer Transfer, with a 20-plus year history, has built a stellar reputation. Headquartered in Sioux City, Iowa, the Company provides services nationwide to customers and carriers.
The Buyer: RFX, Inc. is a privately held freight brokerage company that started in 1987. The Company is headquartered in Avon, Massachusetts. Its asset based sister company, Refrigerated Food Express, was started in 1952 and is currently third generation family owned with professional management.
“Pioneer Transfer and RFX share similar philosophies and the purchase of Pioneer will allow both companies to expand the current agent network and enter into new geographic territories,” said Jim Morse, President at RFX, Inc.