LIVE · LANE TAPE
DAT VAN NTL$2.18/mi▲ 0.04REEFER NTL$2.51/mi▲ 0.07FLATBED NTL$2.66/mi▼ 0.02OTRI5.84%▲ 0.31OTVI11,247▲ 1.8%DIESEL$3.71/gal▼ 0.03LAREDO XBORDER14,820▲ 4.2%LB DRAYAGE$487/move▲ 2.1%LTL TONNAGE98.4▼ 0.6INTERMODAL+3.7% YoYDAT VAN NTL$2.18/mi▲ 0.04REEFER NTL$2.51/mi▲ 0.07FLATBED NTL$2.66/mi▼ 0.02OTRI5.84%▲ 0.31OTVI11,247▲ 1.8%DIESEL$3.71/gal▼ 0.03LAREDO XBORDER14,820▲ 4.2%LB DRAYAGE$487/move▲ 2.1%LTL TONNAGE98.4▼ 0.6INTERMODAL+3.7% YoY
Mon, Jun 15, 2026Vol. 1 · No. 001
Live Edition · 1,247 routes monitoredofframpusa.com
EXIT01

Off Ramp USA

Pull over. The lanes are talking.

CAPITAL · TECH · M&A·Capital, technology, and the deals desk

Intel.

The Intel desk tracks where freight money moves: private equity, venture into freight tech, fleet M&A, brokerage roll-ups, and the quiet capital decisions that move the public-carrier comps.

EXIT 01Intel · Capital·8 min read·Filed today

Private Equity Steps Back Into Freight Brokerage — Three Mid-Market Deals in Two Weeks.

After 14 months of capital sitting on the sidelines, three mid-market brokerage acquisitions closed in the last two weeks at multiples that suggest the tape has turned. Off Ramp identifies the buyers, the lanes they bought, and what the structure tells us about Q3 valuations.

By the Intel Desk · Filed New York
Desk signals · live
CAPITAL · TECH · M&A · refreshed 04:55 ET
OTRI Reject
5.84 %
+0.31 pts WoW
Class 8 Orders
19,840
−14% YoY
From the Intel Desk

The rails.

Capital

4 items
  • PE firm acquires regional 3PL at 8.4x — first deal at that multiple since '23.Sources
  • Public carrier comps trade at 11.2x EBITDA — three-year low on TL pure-plays.Bloomberg desk
  • Asset-light brokerage IPO window reopens — two filings expected by July.Banker desk
  • Container line fleet renewal capex plans expand 18% YoY.Alphaliner

Tech

4 items
  • Visibility platform raises Series D — first major freight-tech round of '26.VC desk
  • Autonomous trucking pilot program lapses on I-45 corridor.DOT pilot log
  • TMS vendor consolidation continues — three mid-market exits in Q1.Beat
  • Two visibility platforms quietly fold revenue into broker parents.Sources

M&A

3 items
  • Trucking holdco evaluates strategic alternatives — Goldman engaged.Sources
  • Family-owned LTL operator hires Stifel ahead of summer process.Banker
  • Parcel last-mile rollup nets 4 acquisitions in 90 days.Beat
The Watchlist

What we're watching.

CAPITAL · TECH · M&A · 5 items
  • 01Private equity returns to freight brokerage — 3 deals in 2 weeks.04:51
  • 02Public TL carrier comps trade at 11.2x — three-year low.04:24
  • 03Visibility platform raises Series D — first major freight-tech round of '26.03:58
  • 04Class 8 orders down 14% YoY — '27 capacity question reopens.03:31
  • 05TMS vendor consolidation continues — three mid-market exits in Q1.03:08
Desk archive

Every story we've filed.