Sell Your Business/Freight Brokerage/MinnesotaLast updated: October 5, 2026

Sell Your Freight Brokerage Business in Minnesota

Quick Answer
Freight brokers and 3PLs in Minnesota typically sell for 5x-9x EBITDA, or 3x-6x SDE for smaller owner-operated freight brokers and 3PLs, per DealSeam's industry benchmarks. The Census Bureau counts 301 freight transportation arrangement businesses in Minnesota, ranking 18th of 50 states, and 47% of them have fewer than five employees. The largest groups buying freight brokers and 3PLs nationally include C.H. Robinson (Public), RXO (Public) and Echo Global Logistics (The Jordan Company). We have recorded two named freight brokerage acquisitions in Minnesota, most recently Granite Logistics by Trinity Logistics (Jan 2026).
3x-6x
typical SDE multiple
301
establishments in Minnesota (Census 2023)
47%
have fewer than 5 employees

Who is buying freight brokers and 3PLs in Minnesota

Named freight brokerage acquisitions we have recorded in Minnesota

  • Granite Logistics, acquired by Trinity Logistics (Burris Logistics)
    Family-owned buyer · Closed Jan 2026 · Sartell and Minneapolis, MN · Source ↗
  • Viking Worldwide, Inc., acquired by Radiant Logistics
    Public-company buyer · Closed Apr 2024 · Minneapolis, MN · Source ↗

Headquartered in Minnesota: C.H. Robinson (Eden Prairie, MN).

PlatformOwner / backerTypeHeadquartersScale
C.H. RobinsonPublic (Nasdaq: CHRW)Strategic / publicEden Prairie, MNTrusted by 75,000 customers and 450,000 contract carriers (C.H. Robinson)Source ↗
RXOPublic (NYSE: RXO); pending acquisition by C.H. RobinsonStrategic / publicCharlotte, NCThird-largest provider of brokered transportation in North America (RXO, Sep 2024)Source ↗
Echo Global LogisticsThe Jordan Company (TJC)Private equityChicago, ILMore than 60 locations across North America (Echo, Mar 2026)Source ↗
ShipStation Global (WWEX Group: Worldwide Express, GlobalTranz, Unishippers)Thoma Bravo (majority); CVC Funds and other prior WWEX investors retain a significant minority stakePrivate equityDallas and Austin, TXMore than 2,300 sales professionals (WWEX Group)Source ↗
DHL Supply Chain (North America)DHL Group (Deutsche Post AG, listed in Frankfurt)Strategic / publicWesterville, OHNorth America's leading contract logistics provider (DHL)Source ↗
CEVA Logistics (CMA CGM Group)CMA CGM Group (Saadé family)Strategic / family-ownedMarseille, FranceMore than 240 North American locations and about 20,000 people after the FedEx Supply Chain deal (CMA CGM)Source ↗
Kuehne+NagelPublic (SIX Swiss Exchange)Strategic / publicSchindellegi (Feusisberg), SwitzerlandNot disclosedSource ↗
Hub GroupPublic (Nasdaq: HUBG)Strategic / publicOak Brook, ILSecond-largest provider of temperature-controlled intermodal solutions in North America; nearly 6,000 employees and drivers (Hub, Sep 2025)Source ↗
AIT Worldwide LogisticsGreenbriar Equity Group (majority, agreed Feb 2026); The Jordan Company remains investedPrivate equityItasca, ILA top-30 U.S. freight forwarder (FreightWaves); acquired 14 businesses under TJC ownership (AIT)Source ↗
Radiant LogisticsPublic (NYSE American: RLGT)Strategic / publicRenton, WANot disclosedSource ↗
BlueGrace LogisticsWarburg PincusPrivate equityTampa, FL9 offices across the U.S. and Mexico (BlueGrace)Source ↗
Redwood LogisticsAEA InvestorsPrivate equityChicago, ILNot disclosedSource ↗
FitzMarkCalera CapitalPrivate equityIndianapolis, INServes more than 3,000 shippers and 25,000 carriers (FreightWaves, Sep 2025)Source ↗
FuraVenture-backed (R136 Ventures and Davidovs Capital, per Fura)Private equityCincinnati, OHMore than 550 customers and 16,000 carriers on its platform (FreightWaves, Mar 2026)Source ↗
eShippingGreenbriar Equity GroupPrivate equityParkville, MOMore than 500 employees, six regional offices and 11 warehouses after the IL2000 deal (Jan 2025)Source ↗
Allstates WorldCargoClarendon CapitalPrivate equityOrlando, FLNot disclosedSource ↗
OIA GlobalLDI, Ltd. (family office)Private equityPortland, OR60+ offices in 30+ countries, more than 1,200 employees (OIA, Apr 2026)Source ↗
Logistics PlusPrivately held; founded by Jim Berlin (now Founder & Chairman)Strategic / family-ownedErie, PA2,000 employees; operations in 55+ countries (Logistics Plus)Source ↗
Trinity LogisticsBurris Logistics (family-owned)Strategic / family-ownedSeaford, DENot disclosedSource ↗
FST Logistics / OneCompass HoldingsEmployee-owned (OneCompass Holdings, an ESOP holding company)Employee-owned (ESOP)Dublin, OHNot disclosedSource ↗
BWT LogisticsBluejay Capital Partners and Argosy Private EquityPrivate equityAtlanta, GAOver 40 locations across the U.S. (BWT)Source ↗
Armstrong Transport GroupQuad-C Management (management retains significant ownership)Private equityCharlotte, NCNot disclosedSource ↗

Ownership verified October 6, 2026. See every platform's recent deals in the Freight Brokerage roll-up tracker →

How many freight transportation arrangement businesses are in Minnesota

The Census Bureau counted 301 freight transportation arrangement businesses in Minnesota in 2023, ranking 18th of 50 states. 47% had fewer than five employees and 79% had fewer than 20. 21 had 50 or more.

EmployeesEstablishmentsShare
Fewer than 514247%
5 to 95518%
10 to 194214%
20 to 494114%
50 or more217%

Source: U.S. Census Bureau, County Business Patterns 2023 ↗ (NAICS 488510). An establishment is a single physical location, so an owner with three locations counts three times.

What a freight brokerage business in Minnesota is worth

Freight brokers and 3PLs typically sell for 5x-9x EBITDA, or 3x-6x SDE for smaller owner-operated freight brokers and 3PLs, with most deals in the $2M - $25M range. These are industry-wide benchmarks, reviewed July 2026, not an appraisal of your business.

What buyers pay more for

  • +Long-term contracts
  • +Value-add services
  • +Technology systems
  • +Asset-light model

What buyers discount

  • -Customer concentration
  • -Low-margin operations
  • -Old fleet/facilities
  • -Driver shortage exposure

How selling through DealSeam works

01

A confidential conversation

We learn about your business and what you want from a sale. Nothing is listed publicly.

02

Introductions where there is a fit

Where a qualified buyer fits your business, we introduce you, and only after you approve it.

03

You decide

You choose whether to go further, on your own timeline. Sellers pay nothing; the buyer pays our fee if a deal closes.

Selling a freight brokerage business in Minnesota: common questions

How much is a freight brokerage business in Minnesota worth?

Freight brokers and 3PLs typically sell for 5x-9x EBITDA, or 3x-6x SDE for smaller owner-operated freight brokers and 3PLs, with most deals in the $2M - $25M range. Buyers tend to pay more for long-term contracts, value-add services, technology systems and asset-light model, and less where they see customer concentration, low-margin operations, old fleet/facilities and driver shortage exposure. These are industry-wide ranges, not an appraisal of your business.

Who is buying freight brokers and 3PLs in Minnesota?

Recent named deals in Minnesota include Granite Logistics (acquired by Trinity Logistics, Jan 2026) and Viking Worldwide, Inc. (acquired by Radiant Logistics, Apr 2024). Nationally, the largest groups consolidating freight brokers and 3PLs include C.H. Robinson (Public), RXO (Public) and Echo Global Logistics (The Jordan Company); 12 of the 22 platforms we track are private-equity-backed.

How many freight transportation arrangement businesses are there in Minnesota?

The Census Bureau's County Business Patterns counted 301 freight transportation arrangement businesses in Minnesota in 2023, ranking 18th of 50 states. 47% had fewer than five employees, 79% had fewer than 20, and 21 had 50 or more.

Does it cost anything to sell through DealSeam?

No. Sellers pay nothing. When a deal closes, the buyer pays DealSeam's fee. There is no listing fee and no retainer.

Will my employees or customers find out I'm thinking about selling?

No. Nothing is listed publicly, and your details go to a buyer only after you approve that introduction.

Thinking about selling your freight brokerage business?

DealSeam works confidentially with owners to understand their options and, where there's a fit, introduces them to qualified buyers, at no cost to sellers.

Talk to us about your Minnesota business

Tell us how to reach you and we'll start a confidential, no-obligation conversation.

Confidential, and free for owners — we're paid by buyers. Prefer to lead with the numbers? Tell us about the business.

Sources

Valuation multiples are DealSeam's industry benchmarks, reviewed July 2026. Establishment counts are from the U.S. Census Bureau, County Business Patterns 2023 (NAICS 488510). Platform ownership comes from each platform's own or press sources, verified October 6, 2026. Named acquisitions are the deals we have recorded from public announcements, each linked to its source; they are not every deal in the state. Ownership in this sector changes often. None of this is investment, legal or tax advice.