What happened
On June 25, 2026, PLS Logistics Services announced the acquisition of The AGL Group, an international freight forwarder and supply chain company based in Weymouth, Massachusetts. AGL has more than 40 years of experience in domestic, import and export freight, a team of 76 specialists and a global partner network of more than 600 providers. The acquisition adds international forwarding services, including drayage, ocean freight and customs brokerage, to PLS's domestic truckload, LTL, transportation management and managed services offering. AGL will operate as a wholly owned subsidiary, and chief executive Steve Zambo will remain in post, reporting to PLS president Steven Bergan. Terms were not disclosed.
The buyer
PLS Logistics Services, headquartered in Cranberry Township, Pennsylvania, is a third-party logistics provider specializing in managed transportation and end-to-end supply chain solutions across North America and beyond. Chairman and chief executive Greg Burns said the acquisition brings a proven and reliable international service provider, with a strong presence in ocean and customs brokerage, to the PLS client base. Steve Zambo said of the deal: "The team at AGL is looking forward to further growth opportunities as part of a Billion dollar organization."
Why buyers want businesses like this
Freight forwarding and customs brokerage are license- and relationship-heavy. Agent networks, customs filings and long-standing shipper accounts take years to assemble. A domestic 3PL that wants to sell international services to customers it already has can either build that capability slowly or buy a forwarder that has it, along with the people who know how to run it.
What it means if you own a similar business
A forwarder's value usually sits in its customer relationships and the staff who hold them, which is why buyers so often keep leadership in place. Being able to show account longevity, customer concentration and how much of the book travels with named individuals is worth preparing before any conversation starts.
Read more in our guide to selling outright.
Source: PR Newswire, June 25, 2026
Summary of a public announcement; ExitBuy Co. was not involved in this transaction. General information only, not investment, legal or tax advice.
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