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Redwood Expands 4PL Platform With Stridas Acquisition

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Key Details Redwood Logistics acquired Stridas, a Cincinnati-based managed transportation provider specializing in data-driven optimization for spirits and consumer packaged goods sectors. The deal enhances Redwood's supply chain design and procurement capabilities while integrating Stridas' freight brokerage network offering LTL and truckload services across dry van, reefer, flatbed, and specialized segments. Why It Matters Shippers increasingly seek consolidated provider relationships to escape spot market volatility and fragmented service offerings. This acquisition positions Redwood to deliver integrated solutions through RedwoodConnect, its proprietary platform connecting carriers, customers, and supply chains with predictable, long-term cost structures. Strategy in Motion Redwood CEO Mark Yeager emphasized the market shift toward durable partnerships over rate volatility. The Stridas deal follows Redwood's acquisition of EELCO customs brokerage last week, signaling a comprehensive strategy to build an integrated 4PL logistics platform. Stridas CEO Chris Painter noted the partnership enables scaling their network optimization approach across enterprise customers at unprecedented levels.

Original article from FreightWaves
"Latest deal bolsters Redwood’s managed transportation offering"
https://www.freightwaves.com/news/latest-deal-bolsters-redwoods-managed-transportation-offering
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