Mergers & Acquisitions

1  -  20  of  144

September 29, 2014

Meritor Sells Mascot Brand to Investor Group

Meritor has sold its Mascot operations in Canada and the United States to an entity that will operate under the name Mascot Industries LLC. All other Meritor brake and trailer axle remanufacturing operations, as well as Meritor's distribution business, are not affected by the sale and will continue to operate as usual.

September 26, 2014

Summit Holdings Acquires Mississippi Dealerships

Summit Holdings has completed the acquisition of commercial truck and IC Bus dealership, Truck Center, Inc.

September 23, 2014

TruckPro Buys Florida Parts and Service Distributor

TruckPro completed the purchase of Palm Beach Spring Company, an independent distributor of heavy-duty truck and trailer products and repair services.

September 15, 2014

Germany’s ZF Purchasing TRW Automotive

ZF Friedrichshafen of Germany is buying Michigan-based TRW Automotive Holdings, creating one of the world's largest companies in the vehicle supplier business.

September 3, 2014

Central Freight Lines Expands LTL Service In Georgia

Central Freight lines has purchased the LTL assets of Georgia based company Drug Transport, Inc. expanding its business into the state.

September 2, 2014

Omnitracs to Acquire XRS in $178 Million Deal

Omnitracs, the original pioneer of tracking and communications in the trucking industry, announced it's buying XRS Corp., which led the industry in going to a mobile platform using the bring-your-own-device strategy.

August 26, 2014

USA Truck Minority Shareholder Calls for Changes, CEO Ouster

One of USA Truck’s minority investors and its manager are calling for changes within the trucking company, including selling off all or part of to ousting its current leader.

August 20, 2014

McCarthy Tire Acquires Terry-Haggerty Tire

McCarthy Tire Service Co. Inc. purchased Terry-Haggerty Tire Co. from Jim and Tom Terry in a transaction that closed Aug. 11.

August 18, 2014

P&S Transportation Parent Purchases Logistics Provider TA Services

The combined companies will go forward under the ownership of P&S Holdings and continue to operate under their respective, independent names, according to a news release.

August 13, 2014

U.S. Xpress Purchasing More of Arnold Transportation

Tennessee-based U.S. Xpress, one of the largest privately owned fleets in the country, reportedly is purchasing Arnold’s Jacksonville, Fla., headquarters and at least one terminal.

August 13, 2014

FleetCor Purchasing Comdata for Nearly $3.5 Billion

FleetCor Technologies, a provider of fuel cards and workforce payment services, has signed an agreement to purchase electronic payment services provider Comdata for $3.45 billion.

August 11, 2014

FleetPride Acquires Republic Diesel Truck Parts and Service

FleetPride has acquired the Republic Diesel truck parts and service business, expanding the company’s presence in Indiana and Kentucky.

August 11, 2014

Roadrunner Transportation Purchasing Active Aero Group for $115 Million

Roadrunner Transportation Systems has entered into a definitive merger agreement to acquire Active Aero Group from the investment firm Platinum Equity.

August 6, 2014

Trucking Mergers, Acquisitions Forecast to Increase

The pace of transportation and logistics mergers and acquisitions accelerated during the second quarter of the year, as measured by both announced value and volume, according to a new report from accounting and consulting firm PricewaterhouseCoopers, but don’t expect records to be broken.

July 31, 2014

Paccar: No Merger Talks with VW

In early July, a top Daimler Trucks official told reporters that fellow German company Volkswagen would make a bid to buy American truck maker Paccar. VW denied it the rumor at the time, and now Paccar has come out with a statement as well.

July 29, 2014

XPO Logistics Posts Smaller Loss, Purchases New Breed Logistics

XPO Logistics posted a smaller net loss in the second quarter of the year compared to a year ago, while announcing an acquisition along with the completion of an earlier purchase.

July 25, 2014

Canadian Trucking Giant TransForce Bids to Buy Rival Contrans

Canada’s largest trucking firm, TransForce, has offered to buy fellow top Canadian carrier Contrans for about CA$495 million in cash.

July 21, 2014

Roadrunner Purchases Indiana-Based Logistics Provider

Asset-light trucking and logistics provider, Roadrunner Transportation Systems, has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.

July 18, 2014

Werner Enterprises Investing in Chinese Carrier

Nebraska-based trucking and logistics company Werner Enterprises said Friday its Werner Global Logistics subsidiary has signed an agreement in principle to make an equity investment in Hercules Logistics, a logistics and asset-based transportation company headquartered in Shenzhen, China.

July 8, 2014

Lineage Logistics Acquires Two California Cold Storage Facilities

Lineage Logistics, Colton, Calif., a warehousing and logistics company, has acquired two cold storage facilities in Santa Cruz county California from Dreisbach Enterprises.

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