Redwood Logistics Acquires Managed Transportation Provider Stridas

The deal is expected to enhance Redwood's managed transportation offerings.

Mar. 10, 2026 at 10:10pm

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Redwood Logistics, a Chicago-based logistics company, has acquired Stridas, a managed transportation provider specializing in data-driven optimization for the spirits and consumer packaged goods industries. The acquisition is expected to enhance Redwood's managed transportation offerings by incorporating Stridas' expertise in supply chain design and procurement.

Why it matters

The acquisition allows Redwood Logistics to expand its managed transportation services and capabilities, particularly in the spirits and consumer packaged goods industries where Stridas has deep expertise. This move strengthens Redwood's position in the growing managed transportation market.

The details

Redwood Logistics announced the acquisition of Stridas, a Cincinnati-based managed transportation provider. Stridas focuses on re-engineering freight networks to generate savings for enterprise customers. In addition to managed transportation, Stridas also operates a freight brokerage network providing less-than-truckload and multiple truckload offerings. The financial terms of the transaction were not disclosed.

  • Redwood Logistics announced the acquisition on March 10, 2026.

The players

Redwood Logistics

A Chicago-based logistics company that provides managed transportation and other logistics services.

Stridas

A Cincinnati-based managed transportation provider specializing in data-driven optimization for the spirits and consumer packaged goods industries.

Mark Yeager

The CEO of Redwood Logistics.

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What they’re saying

“The deal's timing and strategic fit highlight the value it brings to Redwood's managed transportation offering.”

— Mark Yeager, CEO, Redwood Logistics

The takeaway

The acquisition of Stridas allows Redwood Logistics to expand its managed transportation services and capabilities, particularly in the spirits and consumer packaged goods industries, strengthening its position in the growing managed transportation market.