Mergers & Acquisitions

21  -  40  of  296

February 28, 2017

Daseke Goes Public via Merger with Hennessy Capital Acquisition

Flatbed fleet operator Daseke Inc. became a public company on Feb. 27 by completing its previously announced merger with Hennessy Capital Acquisition Corp. II. The deal included HCAC changing its name to Daseke, Inc.

February 23, 2017

Central Freight Lines to Buy Virginia-Based Wilson Trucking

Central Freight Lines has signed a letter of intent to buy certain assets of Virginia-based Wilson Trucking, a 91-year-old less-than-truckload carrier with 29 terminals in the Southeast.

February 23, 2017

SambaSafety Acquires Vigillo

SambaSafety has acquired Vigillo, enhancing the company’s driver risk management platform for U.S. Department of Transportation regulated fleets.

February 13, 2017

Dana to Acquire Assets from U.S. Manufacturing Corporation

Dana has agreed to purchase the axle housing and driveline shaft manufacturing operations of U.S. Manufacturing Corporation.

February 10, 2017

Reading Truck Group Acquires Four PalFleet Truck Equipment Sites

Reading Truck Group will assume customers, staff, and assets at four PalFleet sites: Council Bluffs, Iowa; Indianapolis; Louisville, Ky.; and Nashville, Tenn.

January 5, 2017

Element Purchases The CEI Group

Element Fleet Management Corp. has purchased fleet safety and accident management provider The CEI Group, the company announced.

January 4, 2017

NFI Acquires Canadian 3PL Dominion Warehousing & Distribution

Supply chain service provider NFI has acquired Dominion Warehousing & Distribution, a Canadian third-party logistics firm, to expand its service offering in that country.

December 27, 2016

IMT Group Axle Business Acquired by Dexter Axle

Dexter Axle Co. has agreed to acquire IMT’s light-, medium-, and heavy-duty axles business, the IMT group announced.

December 27, 2016

Daseke Agrees to Merger Worth $626 million

Daseke, a flatbed, open-deck and specialty trucking company, has agreed to a $626 million merger agreement with Hennessy Capital Acquisition Corp., which will make it a publicly traded company.

December 22, 2016

Private Equity Firm Buys Utah-Based Refrigerated Carriers

KJM Capital, an Orlando, Fla.-based private equity firm, has acquired refrigerated carriers Interide Transport and Blue Sky Logistics in separate transactions.

December 19, 2016

Q&A: SunteckTTS Leaders on Merger, Technology

Sunteck Transport Group and TTS Holdings just officially closed a merger deal creating what they say will be one of the largest multimodal, agent-based freight management service providers in the U.S. We talked to the leaders of the new entity about the merger and how technology is changing the industry.

December 16, 2016

Maverick USA Acquires Michigan-Based Marine Transport

Maverick USA has announced the acquisition of the Au Gres, Mich.-based Marine Transport, expanding the company’s dedicated service offerings and service footprint in the boat and marine business.

November 7, 2016

Verizon-Fleetmatics Deal Finalized

Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.

November 1, 2016

Petro-Canada Lubricants Acquired By American Petroleum Refiner

Dallas-based independent petroleum refiner and marketer HollyFrontier has agreed to acquire Suncor Energy’s Petro-Canada Lubricants business for $845 million.

October 28, 2016

CFI Name Returns With TransForce Acquisition

Longtime employees of TransForce’s new acquisition in Joplin, Mo., are proudly digging out their old CFI shirts, as the company founded in 1951 as Contract Freighters Inc. goes back to its roots and its name under its new ownership.

October 28, 2016

Photos: CFI Comes Full Circle

After three acquisitions, the Joplin, Mo.-based trucking company founded as Contract Freighters Inc. in 1951 is going back to its roots, resuming use of the CFI name and operating as an independent subsidiary of new owners TransForce.

October 27, 2016

XPO Logistics Sells Truckload Operations to TransForce

XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.

October 27, 2016

Sunteck and TTS Merger Forms $1 Billion Multimodal Company

Third-party transportation and logistics providers Sunteck Transport Group and TTS Holdings have merged to create a single $1 billion dollar company.

October 4, 2016

Continental Buys A Majority Stake in Zonar

The Continental Corporation has acquired a majority stake in Zonar Systems, a company specializing in fleet management solutions for commercial vehicles.

September 16, 2016

Southern Pines and Byers Trucking Combine Operations

WL Byers and Southern Pines announced that the two trucking companies will combine in an equal partnership under the Southern Pines name offering services in the U.S., Canada and Mexico.

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