February 12, 2016
Business analytics and insight company IHS has signed an agreement to acquire Oil Price Information Service, a pricing reporting agency that serves the oil, natural gas and biofuels industries.
February 4, 2016
Pure Power Technologies has been acquired from Navistar by an investment group, allowing PPT to become an independent company.
February 3, 2016
Dana Holding Corporation has competed its acquisition of Magnum Gaskets, a U.S.-based supplier of aftermarket gaskets and sealing products for commercial-vehicle and automotive applications.
February 2, 2016
Love’s Travel Stops has agreed to purchase compressed natural gas provider Trillium CNG in a deal that will add 37 public-access CNG locations to the truck stop company’s network.
January 19, 2016
The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.
January 7, 2016
A new report reveals that nearly 48% of shippers regard M+A activity in logistics as a positive and just over 39% embrace the M+A frenzy because they prefer full-service logistics providers that offer a wider geographical reach.
December 23, 2015
Toronto-based Element Financial Corp. has closed $4.8 billion in rated asset-backed security funding that will fuel the company's aggressive move into the U.S. fleet management business.
November 17, 2015
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
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., parent company of Morgan Olson, is buying Reading Truck Body, which makes service and other bodies
October 21, 2015
Data solutions provider SMC³ has acquired Maryland-based fleet management software companyTransportation Costing Group.
October 19, 2015
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 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
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
One of Celadon Groups subsidiaries has purchased select assets of the truckload business of Tango Transport, a Louisiana-based carrier.
September 21, 2015
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 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
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 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 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.
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