Popular on eTradeWire
- New Medium Article Explores Why Emotional Conversations Fail and What Most People Don't Understand About Connection - 161
- SmartReply® Secures Trademark as Platform Becomes Leading Solution for Social Media Comment Moderation and Customer Service - 158
- Does EMDR Really Work? New Article Explores How Trauma Gets Stuck in the Brain and How Healing Begins - 150
- Edison Lloyd Thomas Reaches #1 Bestseller Status After Encouragement From Bestselling Author Raun Shephard - 135
- QEEA AI Announces Official Platform Launch, Redefining How People Interact With A.I - 135
- $80 Million Revenue Backlog for AI Cybersecurity Company Building the Future of Integrated Cybersecurity and Public Safety: $CYCU - 131
- CONTACT of Ocean & Monmouth Counties Reflects on a Year of Impact - 130
- Kilpack's Battle Calm Wins Two International Firebird Book Awards - 130
- Iverson Jordan Smith Emerges as a Rising Senior Basketball Prospect - 130
- Ultimate Business Capital Launches Institutional Services for Receivables Buyers - 129
Similar on eTradeWire
- Slotozilla Reports Strong Q4 Growth and Sigma Rome Success
- Java Garbage Collection: Solving Critical Memory Management Challenges for Modern Applications
- Turning On the Lights Global Institute™ Sponsors Annual International Women Build Confidence Conference;
- Logik Vorsprung Technologies Activates £15.15M Sovereign Asset Base in Staffordshire
- Audio Visual Installations Leeds
- Countrywide Rental Invests in Better Waste Management for Businesses and Events in Atmore
- Families Gain Clarity: Postmortem Pathology Expands Private Autopsy Services in St. Louis
- Biz To Biz Sunset Networking on the Lady Atlantic Yacht Cruise
- Founder Builds Global Adult Wellness Platform From a Bedroom Using a £100 PC
- Floor2Future.com Expands Digital Ecosystem With Launch of Premier Project Management Platform Task27
MGN Logistics Acquires Fast Service LLC, Fueling MyMGN Marketplace Expansion and Supercharging Expedited Coverage Nationwide
eTradeWire News/10825896
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. - eTradeWire -- 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 eTradeWire News
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 eTradeWire News
"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 eTradeWire News
- Bexar Orthodontists and Pediatric Dentists Explain Why Early Orthodontic Treatment Matters for Kids
- Fear of the Dentist? Primary Dental Introduces Comfort-Focused Care for Nervous Patients
- Beacon Hill Dental Highlights Modern Restorative Dentistry Options for Damaged or Missing Teeth
- Java Garbage Collection: Solving Critical Memory Management Challenges for Modern Applications
- Midwest Pond Features & Landscape Reminds Chicagoland Pond Owners Early-Bird Spring Cleanout Savings
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 eTradeWire News
- Turning On the Lights Global Institute™ Sponsors Annual International Women Build Confidence Conference;
- RobertElectronics Launches Enterprise Hard Drive Portals for France and Netherlands
- Logik Vorsprung Technologies Activates £15.15M Sovereign Asset Base in Staffordshire
- PeterAI Announces Upcoming Launch of Voice-Based AI Assistant for Older Adults
- MapleLMS is an Advocate Sponsor at Novi Summit 2026!
"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
0 Comments
Latest on eTradeWire News
- Arlington Homes at Risk: Mold Often Starts Without Visible Water Damage
- Sharan Kaur D.O.M.P Providing Professional Osteopathy Care to Cooksville Residents in Mississauga
- Why Today's Faux Flowers Look So Real: Best & Bloom's Latest Collection is Virtually Undetectable
- Families Gain Clarity: Postmortem Pathology Expands Private Autopsy Services in St. Louis
- Fashion Sourcing Explains What "Made in China" Really Means in Fashion, Apparel, Accessories
- Rotary Trains New Leaders to Expand Community Impact Across New Jersey
- Biz To Biz Sunset Networking on the Lady Atlantic Yacht Cruise
- Darin Bueltel Earns the Senior Home Safety Specialist® Designation
- CASTING CALL For Major Television Series
- 'On Healing, Alignment, and Women Waken,' with Whitney Walker on Spiritually Inspired
- Founder Builds Global Adult Wellness Platform From a Bedroom Using a £100 PC
- Sonic Music Bookshop: The New Online Alternative for UK Music Fans
- Floor2Future.com Expands Digital Ecosystem With Launch of Premier Project Management Platform Task27
- New Platform Task27 Challenges Expensive Enterprise Project Tools With Simpler, Smarter Alternative
- Floor2Future Introduces a Bottom-Up Workforce Model to Address Modern Manufacturing Challenges
- Gotham Lab Launches Premium E-Learning & Corporate Video Voice-Over Services for Global Brands and Museums
- A New Organisational Capability Is Emerging: Intrapreneurialism
- The Cali Trainer: Leading Calisthenics Training in Bondi, Sydney
- AI Adoption Gap Creates Permanent Competitive Divide for Service Businesses in 2026
- FundMeUp AI Just Raised the Bar for Every Trader on iOS. Forget About Traditional Trading Journals
