June 16, 2014 - Industry News
Precision Drilling has signed an agreement to sell certain assets from its trucking operations to fellow Canada-based Aveda Transportation and Energy Services.
Tags: Mergers & Acquisitions
June 10, 2014 - Industry News
The parent company to Bolt Express and Strike Logistics, Bolt Holdings, has purchased the truckload operation DSE Services, based in Daleville, Ind.
Tags: Mergers & Acquisitions, Bolt Holdings, Bolt Express, DSE Services
May 29, 2014 - Industry News
A provider of electronic revenue cycle, document management and invoicing services to the transportation industry, Pegasus TransTech, has acquired TripPak Services and ACS Advertising from Xerox.
Tags: Information Technology, Xerox, Mergers & Acquisitions, Pegasus TransTech, TripPak
May 14, 2014 - Industry News
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: Mergers & Acquisitions, Echo Global Logistics
May 8, 2014 - Industry News
A trucking company involved in dry bulk hauling in the Midwest has bought up one its main competitors, according to published reports.
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
May 5, 2014 - Industry News
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: Mergers & Acquisitions, Roar Logistics
April 17, 2014 - Industry News
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 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: Fracking, Mergers & Acquisitions
April 2, 2014 - Industry News
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
The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.
The combined company will be one of the largest third-party logistics service providers in North America.
Tags: Access America, Mergers & Acquisitions
March 17, 2014 - Industry News
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: Roadrunner Transportation, Mergers & Acquisitions
March 10, 2014 - Industry News
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, Mergers & Acquisitions
March 6, 2014 - Industry News
Shareholders of the less-than-truckload carrier Vitran have approved an earlier announced sale to fellow Canadian trucking operation TransForce.
Tags: Mergers & Acquisitions, TransForce, Vitran
February 26, 2014 - Industry News
Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.
February 25, 2014 - Industry News
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
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.
February 11, 2014 - Industry News
Northstar Services and J&E Transportation Services announce the merger of their two companies, effective Jan. 31.
February 6, 2014 - Industry News
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: Mergers & Acquisitions, Forward Air
February 5, 2014 - Industry News
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: USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation
January 27, 2014 - Industry News
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: Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International
January 23, 2014 - Industry News
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, Mergers & Acquisitions, Forward Air
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: Mergers & Acquisitions, Odyssey Logistics
January 17, 2014 - Industry News
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
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