Mergers & Acquisitions

1  -  20  of  186

April 17, 2015

Why GE Decided to Sell Its Fleet Services Business

Although GE Capital Fleet Services has had strong annual revenue growth and a significant product development agenda, its upcoming sale is part of a larger strategic plan by its parent company to focus on its core industrial businesses.

April 13, 2015

GE to Sell Fleet Management Unit by 2018

General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.

April 9, 2015

U.S. Supplier Acquires Former European Counterpart

Burgaflex North America has acquired Burgaflex GmbH, a Germany-based supplier of tube and hose assemblies. Both companies were originally part of the Burgaflex Group, which was disbanded in 2010.

April 7, 2015

FedEx to Buy Dutch Parcel Carrier TNT Express

FedEx Corp. Tuesday announced it will buy European package company TNT Express for $4.8 billion, creating a strong third competitor in the European market.

March 10, 2015

Forward Air Completes CLP Towne Purchase

Forward Air Corp. has formally completed is previously announced purchase CLP Towne Inc. combining two of the largest trucking companies moving freight to and from the nation’s airports.

March 3, 2015

CRST Acquires Pegasus Transportation

CRST International has acquired Kentucky-based Pegasus Transportation. CRST said the acquisition will allow it to expand its temperature-controlled operations footprint.

March 3, 2015

Teletrac Merges with Navman Wireless

Teletrac and Navman Wireless have merged into a single telematics company, the two recently announced.

February 23, 2015

FTC Looks to Stop Merger Combining Two of Nation’s Largest Private Fleets

The Federal Trade Commission has filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly reducing competition nationwide and in 32 local markets for foodservice distribution services.

February 18, 2015

Neptune Orient Sells APL Logistics for $1.2 Billion

Singapore’s global container shipping and logistics company Neptune Orient Lines Ltd. has reached an agreement to sell its APL Logistics business for $1.2 billion.

February 12, 2015

Stemco Buys ATDynamics, Integrates Product Lines

ATD's trailer aero devices will complement Stemco's tire-inflation products, executives say.

February 12, 2015

Parcel Carrier LSO Purchases Express Courier International

Regional parcel carrier LSO, has announced the acquisition of Express Courier International, a same-day carrier in the southeast and mid-south region, to form what it describes as “a super-regional parcel carrier.”

February 10, 2015

XPO Logistics Purchases UX Specialized Logistics for $59 Million

XPO Logistics Inc. announced it has acquired UX Specialized Logistics, a North American provider of last mile logistics services for major retail chains and e-commerce companies.

February 6, 2015

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

February 5, 2015

Forward Air Purchases Fellow Ground Expedite Provider CLP Towne

Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.

February 4, 2015

Saia Purchases Texas Third-Party Logistics Provider

The less-than-truckload services provider Saia Inc. has purchased LinkEx Inc. an asset-light, third-party logistics provider based in Dallas, Texas.

January 30, 2015

FedEx Completes Genco Purchase

FedEx Corp. announced on Friday it completed the acquisition of Genco Distribution System Inc., one of the largest third-party logistics providers in North America.

January 27, 2015

FleetPride Acquires Six Northeast Pardo's Locations

FleetPride Inc. has acquired six locations of Pardo’s Truck Service Parts Warehouse in the New Jersey, Pennsylvania and Maryland markets.

January 26, 2015

Celadon Purchases Taylor Express

Freight transportation and logistics provider Celadon Group Inc. on Monday announced its purchase of North Carolina-based carrier Taylor Express.

January 21, 2015

Zenith Freight Lines Sold to Bassett Furniture

Zenith Freight Lines LLC is selling the remaining 51% share not owned by Bassett Furniture Industries Inc. to the furniture manufacturer.

January 20, 2015

CCC Parts Acquires Drivetrain Components Distribution Company

CCC Parts Company has completed the purchase of TOR Truck Corporation, a wholesale distribution company specializing in providing drivetrain solutions and components. CCC Parts Company is a wholesale distributor of heavy-duty truck and trailer products.

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