Mergers & Acquisitions

41  -  60  of  138

March 10, 2014

Stemco Acquires Remaining Interest in Stemco Crewson Joint Venture

Stemco, an EnPro Industries company, announced the acquisition of the remaining interest of the Stemco Crewson joint venture from Tramec. The joint venture was formed in 2009 to expand Stemco’s brake products offering to include automatic brake adjusters.

March 10, 2014

Investment Firm Purchases Majority of Dicom Transportation

The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.

March 6, 2014

Vitran Shareholders Approve Sale to TransForce

Shareholders of the less-than-truckload carrier Vitran have approved an earlier announced sale to fellow Canadian trucking operation TransForce.

February 26, 2014

Echo Global Logistics Purchases Comcar Logistics

Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.

February 25, 2014

Report: PHH in Talks to Sell Fleet Business

PHH Corp. has entered talks to possibly sell its fleet management unit to Element Financial Corp., a financial and fleet management company that has partnered with GE Capital Fleet Services in Canada, reports The Deal Pipeline.

February 24, 2014

Roadrunner Transportation Makes Another Purchase

Asset-light trucking and logistics services providers Roadrunner Transportation System has announced it has acquired Rich Logistics, a provider of truckload and expedited services based in Little Rock, Ark.

February 19, 2014

There Are at Least Two Sides to Selling a Truck Fleet

Fleets of trucks are bought and sold every day. Some are small fleets that involve only a few trucks. Others are major transactions that transfer ownership of hundreds of trucks valued at millions of dollars. Have you ever wondered what it is like to be a buyer or a seller?

February 13, 2014

ARI Acquires Online Driver Training Company Drivefleet

The fleet management services company ARI has acquired Drivefleet, an online driver training products and services provider.

February 11, 2014

Northstar Services and J&E Transportation Services Announce Merger

Northstar Services and J&E Transportation Services announce the merger of their two companies, effective Jan. 31.

February 6, 2014

Forward Air Completes Purchase of Central States

Forward Air announced Thursday that it has compelted its planned acquisition of all of the stock of Central States Trucking and Central States Logistics from Central States Inc. following news that it was making the purchase last month for $95.6 million.

February 5, 2014

USA Truck And Knight Reach Settlement over Proposed Purchase

Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.

January 27, 2014

XPO Announces Stock Sale, Reveals Preliminary Earnings Report

XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.

January 23, 2014

Forward Air Purchases Central States Trucking

The parent to a ground transportation provider in the air cargo industry, Forward Air Corporation, has signed a definitive agreement to acquire all of the stock of Central States Trucking Company and Central States Logistics, from Central States Inc.

January 23, 2014

Odyssey Logistics Purchases Two Companies

Supply chain logistics service provider Odyssey Logistics & Technology Corporation, based in Conn., has purchased both CMI Freight-Trans and Steel Wheel Transfer, 25 year-old companies headquartered in Orland Park, Ill.

January 21, 2014

Chrysler Purchase by Fiat Finalized

Italy’s Fiat, through its wholly owned subsidiary, Fiat North America, has completed its previously announced acquisition of all of the United Auto Workers' employee medical benefit retirement trust interests in the Chrysler Group and is now a wholly-owned subsidiary of Fiat.

January 17, 2014

The Pete Store Acquires Elliott/Wilson Capital Trucks

The Pete Store announced it has acquired certain assets of Elliott/Wilson Capitol Trucks LLC, a truck dealer with locations in Maryland and Virginia. The acquisition adds a full-service facility in Landover, Md., a parts-only location in Manassas, Va., and territory on the Eastern Shore of Maryland to the dealers’ network.

January 14, 2014

Rush Enterprises Acquires Assets of Dealership Groups in Illinois and Indiana

Rush Enterprises Inc. announced that its subsidiaries have acquired certain assets of CIT Inc., which does business as Chicago International Trucks, Mcgrenho L.L.C., which does business as Indy Truck Sales, and Indiana Mack Leasing, LLC; and the membership interests of Idealease of Chicago, LLC.

January 13, 2014

TransForce Purchases Best Drivers

TransForce Inc. has acquired Best Drivers based in Alcoa, Tenn. Best Drivers provides commercial truck drivers throughout the southeastern U.S., with operations in Tennessee, North Carolina, South Carolina, Florida, Georgia, Mississippi, Kentucky, and Alabama.

January 6, 2014

Vipar Heavy Duty Announces Acquisition of Power Heavy Duty

Vipar Heavy Duty announced the acquisition of Power Heavy Duty based in Pearland, Texas. As a result of the transaction, Power Heavy Duty will become part of the Vipar Heavy Duty family of companies and continue to serve the marketplace as a separate brand.

January 6, 2014

XPO Logistics Purchasing Intermodal Provider Pacer International

Trucking and related services provider, XPO Logistics, has entered into an agreement to acquire Pacer Internation, the third largest provider of intermodal transportation services in North America.

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