Mergers & Acquisitions

1  -  20  of  336

April 11, 2018

Inland Truck Parts Acquires 2 New Businesses

Inland Truck Parts & Service (ITP) announced its addition of two Texas businesses to its footprint of stores. The new stores will allow the company to better meet the repair and equipment needs of truck owners in the southwest region.

April 10, 2018

Icahn Selling Federal-Mogul to Tenneco

Icahn Enterprises L.P., the parent company of Icahn Automotive Group LLC, is selling auto parts maker Federal-Mogul LLC to Tenneco Inc. for $5.4 billion. Tenneco plans to split Federal-Mogul into two entities.

April 3, 2018

Ryder Acquisition Adds Last-Mile Delivery, E-Commerce Fulfillment Capabilities

Ryder System has acquired e-commerce fulfillment provider MXD Group, including the company's network of facilities and last mile capabilities.

March 19, 2018

Knight Transportation Buys Abilene Motor Express

Knight Transportation, a wholly owned subsidiary of Knight-Swift Holdings, has acquired all of the assets of Abilene Motor Express and related entities, according to a Securities and Exchange Commission filing.

March 12, 2018

Dana Merges with UK Automotive Supplier

Dana Inc. has signed an agreement to merge with the Driveline division of UK-based automotive system supplier GKN plc to create Dana plc, a global provider of driveline systems, in a move that will position it for the vehicle electrification market.

February 14, 2018

Witchita Inland Truck Absorbs Fleet Maintenance Employees

Inland Truck Parts & Service of Wichita, Kan., recently stepped in to offer help when nearby Wichita-based Fleet Maintenance, Inc. was destroyed in a fire.

February 2, 2018

Descartes Buys Aljex Software for $32.4 Million

Descartes Systems Group has acquired Aljex Software, a transportation management solutions provider for freight brokers and carriers.

January 31, 2018

Cummins Taps UK Battery Maker for Electric Truck Development

Cummins has acquired Johnson Matthewy’s UK automotive battery systems business, with plans to collaborate on the development of high-energy battery materials for commercial heavy-duty electric vehicle applications.

January 17, 2018

Auto Truck Group Acquires Assets of Kargo Master

Auto Truck Group, a work truck upfitter specializing in the design, manufacture, and installation of equipment, announced that it has acquired the assets of Kargo Master.

January 12, 2018

Merger Creates One of Largest Freightliner, Western Star Truck Dealers

Tag Truck Centers and the Lonestar Truck Group have merged into a new company called TNTX, creating one of the largest Freightliner and Western Star dealers in the country, according to Daimler.

January 10, 2018

Three Major Players in Canadian Transportation Announce Alliance

QSL, Groupe Robert, and Express Mondor have signed an agreement to create a heavy-hauling and oversized transportation consortium called Mondor-Watson.

January 3, 2018

TransForce Acquires Truckdrivingjobs.com Parent Firm

TransForce has acquired the assets of Trucking Unlimited, which operates Truckdrivingjobs.com, a job board that matches motor carriers with truck drivers.

January 2, 2018

Daseke Company Adds Washington Glass Hauler

Smokey Point Distributing, a Daseke company, has announced that Olympia, Wash.-based dedicated glass hauler Belmont Enterprises has joined the company.

December 28, 2017

Michelin Sells TCi Stores, Retread Shop to Independent Dealers

Michelin North America Inc. has sold four Tire Centers stores and a TCi retread plant to two independent commercial tire dealers.

December 5, 2017

Daseke Adds Three More Flatbed and Specialized Carriers

Tennessee Steel Haulers & Co., The Roadmaster Group, and Moore Freight Service have all joined flatbed and specialized transportation company Daseke, the company announced.

November 9, 2017

Goodyear Acquires German Automated Tire Inspection System Provider

Goodyear Tire & Rubber has completed the acquisition of Ventech Systems GmbH, a provider of automated tire inspection technology.

November 7, 2017

TruckPro Acquires Class 8 Parts

Class 8 has been in business since 1998 and is a leading provider of aftermarket truck parts in Central Pennsylvania.

October 30, 2017

Verizon Telematics Expands Offerings

Verizon Telematics has become the largest provider of built-in telematics and mobile applications for commercial vehicles and has moved closer to rebranding its product offerings for its customers, CEO Andrés Irlando told an audience gathered at the annual Latitude conference.

October 9, 2017

Freight Brokers International to Acquire Consolidated Carriers

Freight Brokers International Corp., the FBI Group, announced an agreement to acquire Consolidated Carriers, a non-asset based freight broker in Markham, Ontario, Canada.

October 3, 2017

Buffet’s Berkshire Hathaway Buys Large Stake in Pilot Flying J

Warren Buffet’s holding company Berkshire Hathaway has made a significant minority investment in truckstop chain Pilot Flying J, with plans to become the majority stakeholder by 2023, the companies announced.

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