Mergers & Acquisitions

41  -  60  of  222

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.

January 20, 2015

Radiant Logistics Purchasing Canadian 3PL

Washington-based Radiant Logistics Inc. announced on Tuesday it has agreed to acquire Wheels Group Inc., one of the largest non-asset based third party logistics providers based in Canada.

January 14, 2015

Paragon Buys Majority Share in Home Delivery Service Company

Paragon Software Systems acquired a majority shareholding in Axida, a company that has been a business partner of Paragon in the home delivery service industry.

January 9, 2015

Carlyle Group Buys Back AxleTech

Mary Petrovich, a former CEO of AxleTech from 2002-2011, will rejoin the firm as executive chairman. Joe Mejaly, who joined the company in May 2014 as general manager, will serve as AxleTech International’s CEO.

January 5, 2015

ABF Logistics Buys Truckload Brokerage Firm

ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.


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