April 27, 2014
Details of the deal have not been released, although PGT expects to complete it by early May.
April 18, 2014
Six Robblees’ and Valley Brake and Truck Parts are joining forces to create an expanded presence with a total of 22 locations, as well as expanding the company’s experience in friction and brake remanufacturing.
April 17, 2014
Container shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores, also known as CSAV, have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd.
The private equity firm Warburg Pincus had reached an agreement to acquire the fuel card and fleets payment services provider Electronic Funds Source.
April 6, 2014
Diesel Direct, a mobile refueling company headquartered in Massachusetts, recently made an acquisition of mobile refueling assets from New-York-based HOP Energy.
April 4, 2014
Three trucking companies have reached a merger agreement, creating what it says is one of the largest hydraulic fracturing proppant logistics companies for the oil field industry in North America.
April 2, 2014
Hudson Insurance Group has acquired Motor Transport Underwriters an underwriting, claims and risk management specialist in the long-haul trucking arena.
March 19, 2014
The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.
The combined company will be one of the largest third-party logistics service providers in North America.
CSM Companies, and French-Ellison Truck Center, announced that the two companies will merge on March 31. The result will establish the company as one of the largest commercial truck dealership groups in the United States with 19 facilities.
March 17, 2014
Asset-light trucking company, Roadrunner Transportation Systems, has acquired all of the outstanding stock of Unitrans International, a non-asset based provider of international logistics solutions based in Los Angeles, Calif.
March 10, 2014
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.
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
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 has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.
February 25, 2014
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
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
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
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 the merger of their two companies, effective Jan. 31.
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