Walmart Pays $223M for SoCal Cold-Storage Facility
Walmart→State Street
May 28, 2026
STG has acquired Carrier Logistics, a freight brokerage business in New York. Carrier Logistics provides freight management software and brokerage workflow tools that support load sourcing, carrier coordination, and shipment visibility for logistics customers. STG acquisitions in logistics M&A aim to expand freight brokerage capabilities and strengthen technology integration across NY operations. The add on acquisition is structured as an add-on acquisition under private equity acquisition activity, with STG as a private equity buyer. Terms and deal size were not disclosed, and the acquisition is announced with product innovation expected through deeper platform integration.
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