Mergers & Acquisitions

41  -  60  of  105

November 17, 2013

TravelCenters of America Agrees to Purchase 31 Gas Stations for $67 Million

Travel Centers of America LLC has agreed to acquire 31 convenience stores with retail gasoline stations for $67 million, before closing costs and customary working capital adjustments. The seller is a private company which operates these stores under its proprietary brand name Minit Mart.

November 17, 2013

Kenan Advantage Group Acquires RTL-Westcan Group

Kenan Advantage Group announced that it has completed the acquisition of RTL-Westcan Group. RTL-Westcan is a hauler of bulk commodities in western and northern Canada, serving more than 500 customers across its operating region.

November 14, 2013

Flatbed Fleet Merger to Create a Top-Five Open Deck/Specialized Carrier

Daseke Inc. of Addison, Texas, and Clayton, Ala.-based Boyd Bros. Transportation announced a merger they say will put them into the top five largest open deck/specialty carriers.

November 14, 2013

Diamond Companies and Roberts Truck Center Announce Management Appointments

Executive and senior management appointments were announced for the merged Diamond Companies and Roberts Truck Center organization.

November 12, 2013

Heartland Express Acquires Gordon Trucking

In a move one analyst is saying could be "the best strategic truckload deal ever," Iowa-based Heartland Express has acquired Gordon Trucking Inc. of Pacific, Wash., in transactions valued at approximately $300 million.

November 4, 2013

Paschall Truck Lines Sold to Employees

Kentucky-based Paschall Truck Lines President and CEO Randall A. Waller has sold 100% percent of his stock in the company to its employees through an Employee Stock Ownership Plan.

November 4, 2013

Knight Transportation Steps Up Pursuit of USA Truck

Knight Transportation is keeping up its public campaign to buy rival truckload carrier USA Truck, despite being told the company is not interested in being purchased.

November 1, 2013

TransForce Purchase Clarke, Ups Ownership in Vitran

TransForce has entered into a definitive agreement to acquire Clarke Transport and Clarke Road Transport, the two subsidiaries of Clarke Inc. Both are Canadian companies.

October 31, 2013

FleetCor Acquires NexTraq

FleetCor Technologies Inc., a global provider of fuel cards and workforce payment products to businesses, announced that it has acquired NexTraq, a U.S. based provider of telematics solutions to small and medium-sized businesses, from Francisco Partners.

October 28, 2013

Roehl Transport Purchases Brock Cold Storage and Trucking

The Wisconsin-based Roehl will operate the cold storage business as Roehl Cold Storage, and the trucking operation will become a part of Roehl Transport.

October 23, 2013

PTA Holdings Moves Into Intermodal Rail, Newgistics Rebranded and Expanding

The transportation holding group PTA Holdings, Phoenix, Ariz. has announced it is entering the intermodal transportation rail segment with American Trainco Logistics, initially centered in the Chicago area.

October 17, 2013

Apollo Countersues Cooper Tire for Respect and Restitution

Apollo Tyres Ltd. did not take Cooper Tire & Rubber Co.'s lawsuit and allegations lightly. Cooper says Apollo is not meeting the terms of the merger agreement. Apollo claims it's Cooper that is in violation of the agreement.

October 11, 2013

USA Truck Sues Knight for Using Confidential Info in 'Creeping Hostile Acquisition'

Truckload carrier USA Truck has filed a breach of contract lawsuit against Knight Transportation, claiming Knight used USA Truck's confidential information to begin what it calls a “creeping hostile acquisition” of the Arkansas-based fleet.

October 7, 2013

Cooper Sues Apollo for Dragging its Feet

Apollo Tyres Ltd.'s friendly takeover of Cooper Tire & Rubber Co. is not so friendly anymore. On Friday, Oct. 4, 2013, Cooper filed a complaint in Delaware Chancery Court asking that subsidiaries of Apollo "be required to expeditiously close the pending merger between the two tire companies in accordance with the terms of the definitive merger agreement."

October 2, 2013

Orbcomm Acquires SENS Asset Tracking Operation

Orbcomm Inc. has completed the acquisition of Comtech Mobile Datacom Corporation’s Sensor Enabled Notification System operation, which includes satellite hardware, network technology and web platforms.

September 30, 2013

Knight “Disappointed” Over USA Truck’s Rejection

Phoenix-based truckload carrier Knight Transportation, has responded to USA Truck’s recent rejection of its purchase offer, saying it's disappointed and announcing it's upped its ownership share of the company.

September 26, 2013

TransForce Offers to Buy Vitran

Toronto-based Vitran Corp., which recently decided to sell its U.S. less-than-truckload operations, has received a purchase proposal from TransForce Inc..

September 26, 2013

USA Truck Rejects Offer from Knight Transportation

UPDATED -- Knight Transportation wants to buy USA Truck, but so far USA Truck hasn't been interested, so Phoenix-based Knight Thursday went public with its proposal to acquire all of the outstanding share of USA Truck.

September 25, 2013

Howes Lubricator Buys U.S. Lube

Rhode Island-based Howes Lubricator Products has purchased U.S. Lube of New Brunswick, N.J.

September 23, 2013

Vitran Selling U.S. LTL Operation

Canadian-based Vitran Corporation has announced it has entered into an agreement to sell its U.S. less-than-truckload business.

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