Novacap-backed GTI Transport to acquire Foxconn Logistics.

Novacap-backed GTI Transport Solutions, a trucking and asset-backed freight brokerage services provider, agreed to acquire Foxconn Logistics, a provider of supply chain services. Financial terms were not disclosed. ''The intricacies of container and transportation management can be complex for our clients. Foxconn's integration into GTI USA enhances our managed transportation services offering and provides increased value to customers," Kent Jordan, GTI President.