Fleet Management

Mergers & Acquisitions

1  -  25  of  142

October 21, 2015 - Industry News

SMC³ Buys Cost-Modeling Software Company

Data solutions provider SMC³ has acquired Maryland-based fleet management software companyTransportation Costing Group.

Tags: Software, Mergers & Acquisitions, Truckload, Big Data, Less Than Truckload

October 14, 2015 - Industry News

Element Further Explains Growth Trajectory

File logo

Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.

Tags: Fleet Services, Information Technology, Mergers & Acquisitions, Element Financial, Element Fleet Management, Fleet Management Companies

October 8, 2015 - Industry News

Freight Slowdown Will Drive More Mergers & Acquisitions

Trucking companies are bracing for a slowdown in their business, with many looking to mergers and acquisitions for growth instead, according to reports this week in The Wall Street Journal.

Tags: Mergers & Acquisitions, Freight Rates

October 1, 2015 - Industry News

Celadon Gains Truckload Van Assets in an Acquisition

Photo via Tango Transport

One of Celadon Groups subsidiaries has purchased select assets of the truckload business of Tango Transport, a Louisiana-based carrier.

Tags: Celadon, Mergers & Acquisitions, Truckload

September 9, 2015 - Industry News

XPO Logistics to Buy Con-way in $3 Billion Deal

XPO Logistics announced late Wednesday that it is buying Con-way Inc. in a $3 billion deal that will make XPO the second largest LTL provider in North America and expand its global contract logistics platform.

Tags: 3PL, LTL, Mergers & Acquisitions, Con-way Inc., XPO Logistics

August 31, 2015 - Industry News

Element Financial Closes Acquisition of GE's Fleet Unit

Element Financial Corp. has closed its acquisition of GE Capital's U.S. fleet business and will now turn its attention toward integrating the two entities, the Toronto-based company announced Aug. 31.

Tags: GE Capital Fleet Services, Mergers & Acquisitions, Element Financial, Element Fleet Management

August 10, 2015 - Industry News

Hornady Transportation Merges with Daseke

Hornady Transportation's fleet of 230 late-model tractors and 325 flatbed trailers run east of the Rocky Mountains from the company's terminal in Birmingham.

Hornady Transportation of Monroeville, Ala., is the latest flatdeck carrier to join forces with Daseke Inc., an Addison, Texas, company that has over the past several years built up what it says is the largest company-owned fleet of flatbed, open-deck and specialty trucking capacity in North America.

Tags: Flatbeds, Mergers & Acquisitions, Daseke Inc., Hornady Transportation

August 5, 2015 - Industry News

Ports of Seattle and Tacoma Agree to Alliance

Photo via Northwest Seaport Alliance

The ports of Seattle and Tacoma voted Aug. 4 to formally launch the Northwest Seaport Alliance, which unifies the cargo operations of the two Northwest ports in a bid to attract more cargo to the region.

Tags: Ports, Mergers & Acquisitions, Port of Seattle, Port of Tacoma, Intermodal

July 31, 2015 - Industry News

UPS Buys Coyote Logistics For $1.8 Billion

UPS announced it's buying Coyote Logistics, a non-asset-based truckload freight brokerage company, giving it a major presence in the U.S. truckload brokerage market.

Tags: UPS, Logistics, Mergers & Acquisitions

July 28, 2015 - Industry News

Roadrunner Acquires Stagecoach For Cross-Border Services

Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution to help it expand its cross-border business into Mexico.

Tags: Cross-Border Trucking, Roadrunner Transportation, Mergers & Acquisitions

July 16, 2015 - Industry News

Maverick Acquires Flanary and Sons Trucking

Photo via FAST Trucking

Maverick USA has acquired Church Hill, Tenn.- based glass carrier Flanary and Sons Trucking.

Tags: Maverick, Mergers & Acquisitions

July 2, 2015 - Industry News

Bulldog Hiway Express Brought Into Daseke Family of Carriers

Photo courtesy of Daseke

Bulldog Hiway Express, the company of past American Trucking Associations Chairman Phil Byrd, is merging with the Daseke family of flatbed, open-deck and specialty carriers.

Tags: Mergers & Acquisitions, Flatbed, Daseke Inc.

June 29, 2015 - Industry News

Kuehne Nagel Purchases 3PL Provider ReTrans

Credit: Kuehne and Nagel Group

Memphis, Tenn.-based third party logistics provider ReTrans Inc. is being purchased by the Kuehne Nagel Group, the latest in a series of moves by companies extending their reach into trans-Atlantic freight.

Tags: Intermodal, Mergers & Acquisitions, Fleets, 3PL, Global

June 29, 2015 - Industry News

Sysco Ends Merger Agreement With US Foods

Photo: Deborah Lockridge

Sysco has terminated its merger with US Foods after the Federal Trade Commission’s request for preliminary injunction to block the deal was granted.

Tags: Federal Trade Commission, Mergers & Acquisitions, Sysco, US Foods

June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Financial, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

May 26, 2015 - Industry News

PeopleNet Acquires Private Fleet Technology Provider Cadec

PeopleNet has acquired the assets of Cadec Global Inc.,expanding the company’s mobility solutions in the foodservice and private fleet industries.

Tags: Information Technology, PeopleNet, Analytics, Cadec, Mergers & Acquisitions

May 22, 2015 - Industry News

Heniff Acquires Horizon Tank Lines

Heniff Transportation Systems has acquired Horizon Tank Lines, expanding Heniff’s footprint into the Southeastern U.S.

Tags: Mergers & Acquisitions, Liquid Tank Trailers, Bulk Hauling

May 7, 2015 - Industry News

Quality Distribution to Sell for About $800 Million

The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.

Tags: Earnings, Quality Distribution, Mergers & Acquisitions, Quality Carriers, Boasso America

May 4, 2015 - Industry News

XPO Logistics Halves Loss, Acquires Bridge Terminal Transport

Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.

Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Bridge Terminal Transport

April 21, 2015 - Industry News

Echo Global Buys Command Transportation for $420 Million

Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.

Tags: Earnings, Mergers & Acquisitions, Echo Global Logistics

April 13, 2015 - Industry News

GE to Sell Fleet Management Unit by 2018

General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.

Tags: GE Capital Fleet Services, Fleet Management Companies, Mergers & Acquisitions, Equity Markets, GE Capital

April 7, 2015 - Global News

FedEx to Buy Dutch Parcel Carrier TNT Express

Photo: TNT Express

FedEx Corp. Tuesday announced it will buy European package company TNT Express for $4.8 billion, creating a strong third competitor in the European market.

Tags: Global, TNT Express, Mergers & Acquisitions, FedEx

March 10, 2015 - Industry News

Forward Air Completes CLP Towne Purchase

Forward Air Corp. has formally completed is previously announced purchase CLP Towne Inc. combining two of the largest trucking companies moving freight to and from the nation’s airports.

Tags: Mergers & Acquisitions, Forward Air

March 3, 2015 - Industry News

CRST Acquires Pegasus Transportation

CRST International has acquired Kentucky-based Pegasus Transportation. CRST said the acquisition will allow it to expand its temperature-controlled operations footprint.

Tags: Pegasus, Mergers & Acquisitions, CRST

March 3, 2015 - Industry News

Teletrac Merges with Navman Wireless

Teletrac and Navman Wireless have merged into a single telematics company, the two recently announced.

Tags: Telematics, Navman Wireless, Teletrac, Mergers & Acquisitions



We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



The expert, Mark Betner from CITGO, will answer your questions

View All



The expert, Rence Oliphant from Hendrickson, will answer your questions

View All