Mergers & Acquisitions

1  -  20  of  222

November 17, 2015

TravelCenters Looks to Buy Bankrupt Quaker Steak & Lube

TravelCenters of America has agreed to acquire the Quaker Steak & Lube casual-dining chain for $25 million, in a move that will see some of its existing full-service restaurants converted to the brand as well as expanding the number of stand-alone restaurants.

November 11, 2015

Worthington Expands CNG Offering with Acquisition

The Worthington Industries Pressure Cylinders segment has acquired assets from Trilogy Engineered Systems, a manufacturer of CNG fuel system components for the commercial truck market.

November 2, 2015

J.B. Poindexter & Co. to Acquire Reading Truck Body

J.B. Poindexter & Co., parent company of Morgan Olson, is buying Reading Truck Body, which makes service and other bodies

October 21, 2015

SMC³ Buys Cost-Modeling Software Company

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

October 19, 2015

WEX to Acquire Fuel Card Provider

WEX Inc. is moving to acquire Electronic Funds Source LLC (EFS) for $1.1 billion and 4 million shares of common stock that will be issued to investment funds affiliated with Warburg Pincus, EFS’ current owner.

October 14, 2015

Element Further Explains Growth Trajectory

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.

October 8, 2015

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.

October 1, 2015

Celadon Gains Truckload Van Assets in an Acquisition

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

September 21, 2015

VHD Equipment Network to Merge With Power Heavy Duty

Vipar Heavy Duty has announced that its VHD Equipment Network of distributors will transition into the Power Heavy Duty network on Jan. 1, 2016.

September 9, 2015

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.

September 8, 2015

Q&A: Don Daseke on Building a Nationwide Flatbed Carrier

The longtime businessman and investor talks about how he's adapted the Warren Buffet model to trucking as he builds a nationwide flatbed presence through mergers with well-run carriers, and why he got into trucking at an age when many are thinking of retirement.

September 1, 2015

Westport to Merge With Fuel Systems Solutions

Westport Innovations and Fuel Systems Solutions have entered into a merger agreement to create a new alternative fuel vehicle and engine company.

August 31, 2015

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.

August 21, 2015

REG Acquires Wash. Biodiesel Refinery

Biodiesel producer Renewable Energy Group (REG) has completed its acquisition of substantially all the assets of Imperium Renewables, Inc., including the 100-million gallon nameplate biodiesel refinery and terminal at the Port of Grays Harbor, Wash., the company announced.

August 17, 2015

Wix Filters Parent Company Sold to German Company

Affinia Group, parent company of Wix Filters, is being sold to Mann+Hummel, a privately held global filtration company based in Germany.

August 11, 2015

Q&A: Chris Hornady on Becoming Part of Daseke

Chris Hornady is the third-generation leader of Alabama-based flatbed carrier Hornady Transportation. We spoke with him Monday shortly after the company announced it was becoming part of Daseke.

August 10, 2015

Hornady Transportation Merges with Daseke

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.

August 5, 2015

Ports of Seattle and Tacoma Agree to 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.

July 31, 2015

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.

July 28, 2015

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.



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