Tristar Transport Acquisition, Valuation, Funding & Investors

Veho is a Chicago-based end-to-end parcel carrier for e-commerce brands like Thrasio and Shopify merchants. It handles 5 million deliveries quarterly using 2,000 drivers and 50 hubs across 30 U.S. cities. Launched in 2020, Veho offers same-day delivery with 99 percent on-time rates via route optimization algorithms.

Shanghai Foreign Service Holding Group Co Ltd is principally engaged in providing taxi services. It is also involved in the rental of cars, automobile service, tourism and housing industry. Geographically the activities are carried out through Shanghai.

Werner Enterprises Inc is a transportation and logistics company. The company has two reportable segments - Truckload Transportation Services and Werner Logistics. It derives majority of its revenue from full-truckload transportation services and geographically from United States.

Fukuyama Transporting Co Ltd is a logistics company. Its services include Freight trucking operations, Freight handling, Vehicle maintenance, Warehousing, Packaging, Real estate rental, Port operations, Customs clearance, Sports and recreational facilities management, Personnel dispatch, Security, Industrial and household waste collection and disposal, Printing, Travel agency, Agency for liability insurance, Life insurance sales promotion, Convenience stores, and Product sales and sales on consignment.

Loggi is a Brazilian logistics technology company founded in July 2013 in Sao Paulo by Fabien Mendez and Arthur Debert. It runs a delivery network for e-commerce sellers, small and medium businesses and large retailers, with shipping by postal drop-off, collection and local courier, and a network of collection points in retail stores. The company has raised more than USD 500 million from investors including Monashees, SoftBank, GGV, Microsoft and Sunley House, became a unicorn in 2019 and was valued near USD 2 billion in its 2021 round. In 2026 it reported gross revenue of R$269.5 million in the first quarter, named Rafael Szarf as chief executive and targeted annual revenue of about R$1.5 billion. It sold logistics assets in Sao Paulo and Rio de Janeiro to Mercado Livre in 2026.

Ninja Van is a technology-enabled parcel delivery and logistics company operating in Southeast Asia. It provides last-mile delivery, cross-border shipping, fulfillment, warehousing and related supply-chain services to e-commerce merchants, marketplaces, businesses and consumers. Revenue is generated from delivery, fulfillment and logistics service fees, generally linked to parcel volume and contracted services. The company was founded in Singapore in 2014 by Lai Chang Wen, Shaun Chong and Boxian Tan. It expanded from Singapore into Indonesia, Malaysia, the Philippines, Thailand and Vietnam and built a network combining sorting facilities, drivers and proprietary logistics software. Ninja Van serves both large platforms and smaller merchants and has used successive private rounds to invest in infrastructure, technology and regional growth.

Shanghai-based Shanghai ANE Logistics specializes in less-than-truckload shipping via a franchise model that pioneered the approach in China's logistics sector. The company manages self-operated sorting centers, contracted line-haul trucks, and around 5,000 franchised pickup-and-delivery stores forming a national network. Its operations support efficient nationwide distribution, accessible through http://www.ane56.com.

Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.

Flash Express is a Bangkok-headquartered logistics provider dominating Thailand's e-commerce delivery market. Established in 2017, the company offers door-to-door parcel services powered by proprietary technology and big data analytics for route optimization. Under Flash Group, it encompasses Flash Logistics for oversized items, Flash Fulfillment for warehousing, Flash Home for last-mile agency, and Flash Money for digital payments. Flash Express operates over 1,000 branches nationwide and has expanded into Laos, Cambodia, and the Philippines.

Prosegur Cash SA is engaged in the transit business and the outsourcing of services to financial institutions, retail establishments, government agencies and central banks, national mints, jewelers and other business activities around the world. The company's business lines can be categorized into Transport, Cash management, and New Products such as Automation of payments in shops using self-service cash machines, among others. The Business Divisions of the company are divided into three geographical segments: Europe, Rest of the World (AOA) and LatAm. The majority of the revenue is generated from the LatAm segment, which includes the following countries: Argentina, Brazil, Ecuador, Chile, Colombia, Mexico, Paraguay, Peru, Uruguay, Guatemala, Nicaragua, Costa Rica, and others.

Worldwide Logistics Group is a Shanghai-headquartered 5A-rated logistics enterprise in China offering full container load shipments, less-than-container load consolidations, bulk cargo transport, air freight trunk lines, multimodal land transport via rail, highway, and waterway, plus specialized chemical logistics with tank containers and dangerous goods handling. The firm also provides engineering project logistics for oversized cargoes. Operating nationwide with international reach to Europe, North America, and Southeast Asia, it holds certifications for ISO quality and safety standards.

Dazhong Transportation (Group) Co Ltd is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

Yunniao Delivery is a logistics provider established in November 2014, specializing in regional and urban distribution for B2B, O2O, chain stores, distributors, brands, manufacturers, LTL networks, and supply chain firms. Headquartered in Guangzhou, it operates a fleet of 5,000 vehicles covering 300 cities with daily parcel volumes over 1 million, partnering with JD Logistics and SF Express for last-mile services.

Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. The company specializes in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage, generating the majority of its revenue from the Truckload segment. The Truckload segment offers a mix of regional short-haul and medium- to long-haul full-load transportation services.

Hangzhou SF Intra-City Industrial Co Ltd is a third party instant distribution platform in China. It serves brand customers, small and medium sized merchants and individual users providing integrated real time logistics solutions for commercial distribution, daily pickup and delivery and others.

Seino Holdings Co Ltd is a Japan-based company engaged in transportation, logistics, automobile sales, goods sales, and real estate leasing. The company operates through four segments. The Transportation Business focuses on small-lot commercial cargo such as home delivery, moving, and chartering, along with freight transport using air, rail, and sea. It also provides warehousing, air transport agency, and non-life insurance agency services. The Automobile Sales Business deals in the sales and repair of trucks, passenger cars, and auto parts. The Goods Sales Business handles fuel, paper, and other products. The Real Estate Leasing Business manages subsidiaries engaged in leasing and the effective utilization of real estate assets. It generates majority revenue from Transportation business.

Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.

ArcBest Corp is an integrated logistics company that leverages technology and a full suite of shipping and logistics solutions to meet customers' supply chain needs. The company has two reportable operating segments: Asset-Based, which generates maximum revenue, and Asset-Light. The Asset-Based segment's operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The Asset-Light segment represents the company's offerings in ground expedite, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean, and ground.