Fleet Management

Mergers & Acquisitions

26  -  50  of  99

May 14, 2014 - Industry News

Echo Global Logistics Purchases One Stop Logistics

Third-party logistics and supply chain management services provider, Echo Global Logistics, has purchase One Stop Logistics, headquartered in Watsonville, Calif., and is now doing business under the Echo name.

Tags: Fleets, Mergers & Acquisitions, Echo Global Logistics

May 8, 2014 - Industry News

Bay and Bay Transportation Purchases Rival J&C Trucking

A trucking company involved in dry bulk hauling in the Midwest has bought up one its main competitors, according to published reports.

Tags: Fleets, Mergers & Acquisitions

May 8, 2014 - Industry News

USA Truck Says It’s Not A Takeover Target Again

USA Truck released a statement about the hedge funds Baker Street Capital and Stone House Capital now holding a joint 28% interest in the company.

Tags: USA Truck, Mergers & Acquisitions, Fleets

May 5, 2014 - Industry News

Roar Logistics Purchases Legend Transportation Group

The acquisition folds LTG, including its third-party logistics model and its online, less-than-truckload services for the retail store openings, mining, high-tech plant movement, gas and oil, and the energy industry into Roar's operations.

Tags: Fleets, Mergers & Acquisitions, Roar Logistics

April 17, 2014 - Industry News

Merger Creates Fourth Largest Container Shipping Company

Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Ballin House (Hapag-Lloyd headquarters) in Hamburg after the signing.

Container shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores, also known as CSAV, have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd.

Tags: Intermodal, Freight, Mergers & Acquisitions, Port Trucking

April 4, 2014 - Industry News

Three Texas Oilfield Trucking Fleets Merge

Three trucking companies have reached a merger agreement, creating what it says is one of the largest hydraulic fracturing proppant logistics companies for the oil field industry in North America.

Tags: Fleets, Fracking, Mergers & Acquisitions

April 2, 2014 - Industry News

Hudson Insurance Purchases Motor Transport Underwriters

Hudson Insurance Group has acquired Motor Transport Underwriters an underwriting, claims and risk management specialist in the long-haul trucking arena.

Tags: Insurance, Mergers & Acquisitions

March 19, 2014 - Industry News

Biglari Holdings Purchases Truck Insurer First Guard

The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.

Tags: Insurance, Mergers & Acquisitions

March 19, 2014 - Industry News

Coyote Logistics and Access America Transport Merging

The combined company will be one of the largest third-party logistics service providers in North America.

Tags: Fleets, Access America, Mergers & Acquisitions, Coyote Logistics

March 17, 2014 - Industry News

Roadrunner Transportation Purchases California Logistics Provider

Asset-light trucking company, Roadrunner Transportation Systems, has acquired all of the outstanding stock of Unitrans International, a non-asset based provider of international logistics solutions based in Los Angeles, Calif.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

March 10, 2014 - Industry News

Investment Firm Purchases Majority of Dicom Transportation

The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.

Tags: Canada, Cross-Border Trucking, Mexico, Fleets, Mergers & Acquisitions

March 6, 2014 - Industry News

Vitran Shareholders Approve Sale to TransForce

Photo: Evan Lockridge

Shareholders of the less-than-truckload carrier Vitran have approved an earlier announced sale to fellow Canadian trucking operation TransForce.

Tags: Fleets, Mergers & Acquisitions, TransForce, Vitran

February 26, 2014 - Industry News

Echo Global Logistics Purchases Comcar Logistics

Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.

Tags: Fleets, Mergers & Acquisitions, Echo Global Logistics

February 25, 2014 - Industry News

Report: PHH in Talks to Sell Fleet Business

Photo courtesy of PHH.

PHH Corp. has entered talks to possibly sell its fleet management unit to Element Financial Corp., a financial and fleet management company that has partnered with GE Capital Fleet Services in Canada, reports The Deal Pipeline.

Tags: PHH, Mergers & Acquisitions, Fleet Management, PHH Arval

February 24, 2014 - Industry News

Roadrunner Transportation Makes Another Purchase

Asset-light trucking and logistics services providers Roadrunner Transportation System has announced it has acquired Rich Logistics, a provider of truckload and expedited services based in Little Rock, Ark.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

February 11, 2014 - Industry News

Northstar Services and J&E Transportation Services Announce Merger

Northstar Services and J&E Transportation Services announce the merger of their two companies, effective Jan. 31.

Tags: Mergers & Acquisitions, J&E Transportation Services, Northstar Services

February 6, 2014 - Industry News

Forward Air Completes Purchase of Central States

Photo: Evan Lockridge

Forward Air announced Thursday that it has compelted its planned acquisition of all of the stock of Central States Trucking and Central States Logistics from Central States Inc. following news that it was making the purchase last month for $95.6 million.

Tags: Fleets, Mergers & Acquisitions, Forward Air

February 5, 2014 - Industry News

USA Truck And Knight Reach Settlement over Proposed Purchase

Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.

Tags: Fleets, USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation

January 27, 2014 - Industry News

XPO Announces Stock Sale, Reveals Preliminary Earnings Report

XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.

Tags: Fleets, Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International

January 23, 2014 - Industry News

Forward Air Purchases Central States Trucking

Photo: Evan Lockridge

The parent to a ground transportation provider in the air cargo industry, Forward Air Corporation, has signed a definitive agreement to acquire all of the stock of Central States Trucking Company and Central States Logistics, from Central States Inc.

Tags: Drivers, Fleets, Mergers & Acquisitions, Forward Air

January 23, 2014 - Industry News

Odyssey Logistics Purchases Two Companies

Supply chain logistics service provider Odyssey Logistics & Technology Corporation, based in Conn., has purchased both CMI Freight-Trans and Steel Wheel Transfer, 25 year-old companies headquartered in Orland Park, Ill.

Tags: Fleets, Mergers & Acquisitions, Odyssey Logistics

January 17, 2014 - Industry News

The Pete Store Acquires Elliott/Wilson Capital Trucks

The Pete Store announced it has acquired certain assets of Elliott/Wilson Capitol Trucks LLC, a truck dealer with locations in Maryland and Virginia. The acquisition adds a full-service facility in Landover, Md., a parts-only location in Manassas, Va., and territory on the Eastern Shore of Maryland to the dealers’ network.

Tags: Dealers, Mergers & Acquisitions, The Peter Store

January 14, 2014 - Industry News

Rush Enterprises Acquires Assets of Dealership Groups in Illinois and Indiana

Rush Enterprises Inc. announced that its subsidiaries have acquired certain assets of CIT Inc., which does business as Chicago International Trucks, Mcgrenho L.L.C., which does business as Indy Truck Sales, and Indiana Mack Leasing, LLC; and the membership interests of Idealease of Chicago, LLC.

Tags: Rush Enterprises, Mergers & Acquisitions

January 13, 2014 - Industry News

TransForce Purchases Best Drivers

TransForce Inc. has acquired Best Drivers based in Alcoa, Tenn. Best Drivers provides commercial truck drivers throughout the southeastern U.S., with operations in Tennessee, North Carolina, South Carolina, Florida, Georgia, Mississippi, Kentucky, and Alabama.

Tags: Mergers & Acquisitions, TransForce, Drivers

January 6, 2014 - Industry News

XPO Logistics Purchasing Intermodal Provider Pacer International

Trucking and related services provider, XPO Logistics, has entered into an agreement to acquire Pacer Internation, the third largest provider of intermodal transportation services in North America.

Tags: Drivers, Cross-Border Trucking, Intermodal, Fleets, Mergers & Acquisitions, XPO Logistics, Pacer International

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