Mergers & Acquisitions

61  -  80  of  138

January 2, 2014

CRST Purchases Short-Haul Fleet BESL Transfer

Trucking company owner CRST International has announced the acquisition of privately-held BESL Transfer Company, based in Cincinnati, Ohio.

December 30, 2013

Cooper Will Pursue Damages Against Apollo

Cooper Tire & Rubber Co. said it will pursue damages against Apollo Tyres Ltd. in a webcast following the announcement of its decision to terminate the merger agreement, according to Modern Tire Dealer, a sister publication of HDT.

December 30, 2013

XPO Logistics Completes Acquisition of NLM

XPO Logistics Inc. announced that it has completed its previously announced acquisition of NLM from Landstar System Inc. The company funded the $87 million cash transaction through its ABL facility and available cash, including approximately $13.4 million of cash acquired on closing.

December 19, 2013

Andrews Logistics Acquires Andrews Transport

Andrews Logistics, an asset-based transportation and logistics company specializing in bulk liquid and hazardous materials transport, has acquired Andrews Transport LP, a bulk liquid petroleum and chemical products transportation provider based in Fort Worth, Texas.

December 18, 2013

Teamsters Express Concern About Sysco's Purchase of US Foods

The Teamsters Union is saying Sysco's acquisition of US Foods announced last week raises serious concerns for workers, stakeholders and customers as the combined company becomes the country's largest institutional/restaurant food service provider and one of the nation’s largest private truck fleets.

December 16, 2013

United Road Services Acquires Waggoners' Auto Transport Division

United Road Services and its owner, Charlesbank Capital Partners, have purchased the Auto Transport Division of Waggoners Trucking.

December 15, 2013

Driving for America Acquires New Truck Driving School

Driving for America, a Veterans-focused truck driving school, acquired CDI Truck Driving School located in Saginaw, Michigan on Nov. 19, 2013. The acquisition expands DFA's network to the Saginaw/Flint area and will reach more Michigan Veterans with the opportunity to prepare for their Commercial Driver's License.

December 12, 2013

Allstate Peterbilt Group Acquires Steussy Diesel

Minnesota-based Allstate Peterbilt Group is has acquired Steussy Diesel in Alexandria, Minn., and is expanding the parts store into a full-service shop. Effective in January, Steussy Diesel will become Allstate Peterbilt of Alexandria.

December 10, 2013

Manitoulin Transport Purchasing Vitran

Less-than-truckload carrier Vitran has announced it has entered into an agreement in which fellow LTL Canadian carrier Manitoulin Transport will acquire the company.

December 2, 2013

Universal Truckload Purchasing Westport Axle

Universal Truckload Services announced Monday that it will acquire Westport Axle Corporation from an international industrial group headed in Brazil by SM Brasil Participações S/A.

November 26, 2013

Vista Equity Partners Completes Acquisition of Omnitracs

Vista Equity Partners LLC announced it has completed its acquisition of Omnitracs Inc., formerly a subsidiary of Qualcomm Inc. In conjunction with this announcement, Omnitracs announced that it has signed a definitive agreement to acquire Roadnet Technologies Inc., a provider of fleet management software solutions for private fleets.

November 25, 2013

Bergstrom Buys Innovative Product Development Corp.

Bergstrom Inc. has expanded its design engineering capabilities with the acquisition of Innovative Product Development Corp., an engineering firm based in Troy, Mich.

November 25, 2013

Manitoulin Transport Purchases Smooth Freight

Manitoulin Transport announced Monday that it has purchased fellow Manitoba-based carrier Smooth Freight.

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.

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