Mergers & Acquisitions

1  -  20  of  138

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.

July 8, 2014

Element's PHH Arval Buy Doubles Fleet Portfolio

Element Financial Corp. has finalized its acquisition of PHH Arval for $1.4 billion, a transaction that doubles the size of its managed fleet assets, the Canadian firm has announced.

July 7, 2014

Accellos, HighJump Software Announce Merger

Supply chain software companies Accellos, Colorado Springs, and HighJump, Minneapolis, announced July 7 that the two companies would merge operations, creating a company with 11,000 customers in 23 countries throughout North America, Europe and Asia.

July 3, 2014

Rumors Say Volkswagen to Bid for Paccar; VW Denies it

Rumors have been around for a while that Volkswagen will try to buy a U.S. truck maker. Earlier rumors centered on International, but the latest is Paccar, with Reuters running a story Thursday about takeover plans and VW denying it.

July 2, 2014

Stoughton Buys Barrett Trailers

STI Holdings, the parent company of Stoughton Trailers LLC, announced the acquisition of Barrett Trailers in Purcell, Okla.

June 20, 2014

Premier Trailer Leasing Buys Trailer Fleet International

Premier Trailer Leasing earlier this month acquired certain assets of Trailer Fleet International, a provider of trailer rental and leasing services on the west coast, with nearly 3,000 trailers and locations in Los Angeles, Rancho Cucamonga, Portland and Seattle.

June 20, 2014

Bridger Group Acquires Occidental Petroleum’s Trucking Operation

Integrated crude oil midstream logistics company, Bridger Group, has reached an agreement to provide dedicated trucking services for the crude oil marketing business of Occidental Energy Marketing.

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