November 4, 2013 - Industry News
Kentucky-based Paschall Truck Lines President and CEO Randall A. Waller has sold 100% percent of his stock in the company to its employees through an Employee Stock Ownership Plan.
Tags: Fleets, Mergers & Acquisitions
Knight Transportation is keeping up its public campaign to buy rival truckload carrier USA Truck, despite being told the company is not interested in being purchased.
Tags: Fleets, USA Truck, Mergers & Acquisitions, Knight Transportation
September 30, 2013 - Industry News
Phoenix-based truckload carrier Knight Transportation, has responded to USA Truck’s recent rejection of its purchase offer, saying it's disappointed and announcing it's upped its ownership share of the company.
September 19, 2013 - Industry News
Platinum Equity has completed the acquisition of substantially all the assets of Bridge Terminal Transport Inc. from Maersk Inc., a subsidiary of the A.P. Moller-Maersk Group. Financial terms of the transaction were not disclosed. The business will continue to operate under the Bridge Terminal Transport brand going forward.
Tags: Mergers & Acquisitions, Platinum Equity, Bridge Terminal Transport, Maersk, Fleets
The asset-light and logistics service provider, Roadrunner Transportation Systems, Cudahy, Wisc., has acquired Yes Trans, a refrigerated truckload service provider based in Salisbury, Mass.
Tags: Fleets, Roadrunner Transportation, Owner-Operators, Mergers & Acquisitions
September 18, 2013 - Industry News
Bennett Motor Express, McDonough, Ga has completed the purchase of Ace Doran Hauling & Rigging, a Cincinnati, Ohio-based company since 1913.
Tags: Fleets, Owner-Operators, Mergers & Acquisitions
September 12, 2013 - Industry News
Wisconsin-based Roadrunner Transportation Systems, has acquired G.W. Palmer Logistics, a non-asset truckload service provider based in Batesville, Arkansas.
Tags: Wisconsin, Arkansas, Fleets, Roadrunner Transportation, Mergers & Acquisitions
August 23, 2013 - Industry News
Qualcomm announced it has signed a definitive agreement to sell its Omnitracs subsidiary to Vista Equity Partners, a U.S.-based private equity firm. Omnitracs was a pioneer in in-cab communication, developing the first widely used satellite tracking and communications system for truck fleets, and today offers a variety of fleet management and telematics solutions.
Tags: Telematics, Qualcomm, technology, Information Technology, Mergers & Acquisitions, Omnitracs
August 8, 2013 - Industry News
TruckPro LLC, a distributor of heavy-duty truck and trailer products and advanced repair services, announced it has completed the purchase of CCI Corp., including its network of more than 100 retail stores, service shops and distribution center locations.
Tags: Mergers & Acquisitions, TruckPro, CCI
August 7, 2013 - Industry News
Swift Transportation announced that it acquired privately held Central Refrigerated Transportation, a provider of refrigerated trucking services, in a transaction valued at $225 million, including approximately $189 million in cash and $36 million of assumed capital lease obligations and other financial debt.
Tags: Mergers & Acquisitions, Swift Transportation, Central Refrigerated Transportation
July 15, 2013 - Industry News
Temperature-controlled truckload and less-than-truckload carrier Frozen Food Express has reached an agreement to be acquired by Duff Brothers Capital. Duff Brothers will purchases all outstanding shares of FFE common stock for approximately $38.2 billion.
Tags: Mergers & Acquisitions, Frozen Food Express, FFE, Fleets
April 3, 2013 - Industry News
Texas-based refrigerated carrier Continental Express has purchased the assets of Ohio company Ranger Refrigerated Express for an undisclosed amount.
Tags: Fleets, Mergers & Acquisitions, Texas
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 Ask a question
Autocar Offers CNG Version of Class 7 Xpert Refuse Truck
Vigillo Introduces Athena Big Data Platform
Stertil-Koni Introduces New Version of EcoLift
2014 Kenworth Calendar Now Available
Bridgestone Launches Tire for Auto Haulers
Small ProMaster Van Coming from Ram Commercial