TopNews

Mergers & Acquisitions

1  -  25  of  152

December 9, 2014 - Industry News

Antares Trailers Acquired by Direct Trailer

Photo via Antares Trailers.

Antares Trailers has been acquired by Direct Trailer, a Texas-based manufacturer of custom flatbeds and drop-deck trailers. The acquisition will expand Direct Trailers production capabilities and increase the business volume.

Tags: Trailers, Flatbeds, Mergers & Acquisitions, Dropdeck Trailers

December 8, 2014 - Industry News

Pilot Logistics Services Merges with Thomas Petroleum

Pilot Logistics Services and Thomas Petroleum completed a merger which will combine both companies into Pilot Thomas Logistics. The merged company will be headquartered in Fort Worth, Texas.

Tags: Lubricants, Fuel and Oil, Mergers & Acquisitions

December 4, 2014 - Industry News

Manitoulin Global Buys Canfleet, Other Major Canadian Deals Progressing

The deal is the latest of a number of investments Manitoulin has made in Western Canada in recent years to build its offerings and coverage in the region.

Tags: Canada, Mergers & Acquisitions, TransForce, Manitoulin

December 1, 2014 - Industry News

C.H. Robinson Purchasing Freightquote.com for $365 Million

Photo: C.H. Robinson Worldwide Facebook page.

The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.

Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Fleets, Mergers & Acquisitions, Brokers

December 1, 2014 - Industry News

McCandless Truck Center Acquires Hanson International

The McCandless Truck Center International dealership group acquired Hanson International of Western Colorado, a commercial truck dealer with two dealerships in Grand Junction and Glenwood Springs, Colo.

Tags: Colorado, International Trucks, Mergers & Acquisitions, Commercial Truck Dealers

December 1, 2014 - Industry News

Canada's Mullen Group to Make Second-Biggest Acquisition Ever

Alberta-based trucking company Mullen Group Ltd. says it will pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.

Tags: Canada, LTL, Fleets, Mergers & Acquisitions, Oilfield

November 7, 2014 - Product News

Talbert Manufacturing Acquires Specialty Trailer Maker

Talbert 6 Axle Steer Dolly: Photo via Talbert Manufacturing

Talbert Manufacturing acquired Ferree Trailers adding the company’s specialty trailer lines that weren't previously in Talbert’s own lineup, along with gaining Ferree’s manufacturing facility.

Tags: Trailers, Heavy Haul, Mergers & Acquisitions, Talbert Trailers

November 6, 2014 - Industry News

Penske Automotive Acquires Southwest Dealerships

Penske Automotive has completed its acquisition of The Around the Clock Freightliner Group, a heavy and medium duty truck dealership group operating in Texas, Oklahoma and New Mexico.

Tags: Penske, Mergers & Acquisitions, Parts and Service, Dealers, Commercial Truck Dealers

November 5, 2014 - Industry News

Bobit Business Media Acquires ATA's Truck Fleet Management

Bobit Business Media has acquired the Truck Fleet Management media properties from the American Trucking Associations (ATA) in a deal that closed Nov. 5.

Tags: Bobit Business Media, ATA, Mergers & Acquisitions

November 4, 2014 - Industry News

Forward Air Purchases Intermodal Drayage Provider

The trucking operation Forward Air Corp. announced its subsidiary, Central States Trucking Co., has purchased substantially all of the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc., based in Indianapolis, Indiana.

Tags: Fleets, Mergers & Acquisitions, Forward Air

November 3, 2014 - Industry News

Omnitracs Completes XRS Acquisition

Photo via Omnitracs.

Omnitracs completed its $178 million acquisition of fleet management software company XRS, the company announced. The company began the acquisition process in September.

Tags: Telematics, Information Technology, XRS, Mergers & Acquisitions, Omnitracs

October 27, 2014 - Industry News

Celadon Purchases A&S Services Group

Trucking and logistics operator Celadon Group Inc. on Monday announced the purchase of A&S Services Group LLC, a regional for-hire and dedicated truckload carrier.

Tags: Pennsylvania, Celadon Group, Fleets, Mergers & Acquisitions

October 22, 2014 - Industry News

PS Logistics Purchases Two Tennessee-Based Fleets

The acquisition of Tennessee-based carriers adds a combined 220 new drivers, 210 tractor trucks and over 500 trailers to the P&S fleet offering reefer, flatbed and dump trucking services to customers including the aluminum, steel, food and building materials industries, according to PS Logistics.

Tags: Fleets, Mergers & Acquisitions, PS Logistics

October 15, 2014 - Industry News

Graebel Sells Off Two Operations to All My Sons Moving Owners

Colorado-based Graebel Companies on Wednesday announced it had reached an agreement to sell Graebel Van Lines Inc. and the U.S. moving and storage operations of Graebel Movers Inc. to a rival’s newly created company.

Tags: Fleets, Mergers & Acquisitions

September 29, 2014 - Industry News

Meritor Sells Mascot Brand to Investor Group

Mascot transmission remanufacturing. File photo: Jim Park

Meritor has sold its Mascot operations in Canada and the United States to an entity that will operate under the name Mascot Industries LLC. All other Meritor brake and trailer axle remanufacturing operations, as well as Meritor's distribution business, are not affected by the sale and will continue to operate as usual.

Tags: Canada, Aftermarket Parts, Meritor, Remanufacturing, Mergers & Acquisitions

September 26, 2014 - Industry News

Summit Holdings Acquires Mississippi Dealerships

Summit Holdings has completed the acquisition of commercial truck and IC Bus dealership, Truck Center, Inc.

Tags: Mississippi, Truck Sales, Dealership, Mergers & Acquisitions

September 23, 2014 - Industry News

TruckPro Buys Florida Parts and Service Distributor

Photo via TruckPro.

TruckPro completed the purchase of Palm Beach Spring Company, an independent distributor of heavy-duty truck and trailer products and repair services.

Tags: Florida, Distributors, Mergers & Acquisitions, TruckPro, Parts and Service

September 15, 2014 - Industry News

Germany’s ZF Purchasing TRW Automotive

ZF Friedrichshafen of Germany is buying Michigan-based TRW Automotive Holdings, creating one of the world's largest companies in the vehicle supplier business.

Tags: TRW Automotive, Mergers & Acquisitions, Suppliers, ZF Friedrichshafen, Global

September 3, 2014 - Industry News

Central Freight Lines Expands LTL Service In Georgia

Central Freight lines has purchased the LTL assets of Georgia based company Drug Transport, Inc. expanding its business into the state.

Tags: Georgia, LTL, Central Freight Lines, Mergers & Acquisitions, Fleets

September 2, 2014 - Industry News

Omnitracs to Acquire XRS in $178 Million Deal

XRS allows users to operate the system on a wide variety of mobile devices, such as this Motorola smartphone.

Omnitracs, the original pioneer of tracking and communications in the trucking industry, announced it's buying XRS Corp., which led the industry in going to a mobile platform using the bring-your-own-device strategy.

Tags: Telematics, Information Technology, Vehicle Tracking, XRS, Smartphones, Mergers & Acquisitions, Omnitracs

August 26, 2014 - Industry News

USA Truck Minority Shareholder Calls for Changes, CEO Ouster

One of USA Truck’s minority investors and its manager are calling for changes within the trucking company, including selling off all or part of to ousting its current leader.

Tags: USA Truck, Mergers & Acquisitions, Fleets

August 20, 2014 - Industry News

McCarthy Tire Acquires Terry-Haggerty Tire

McCarthy Tire Service Co. Inc. purchased Terry-Haggerty Tire Co. from Jim and Tom Terry in a transaction that closed Aug. 11.

Tags: Tires, Retreads, New York, Bandag, Mergers & Acquisitions

August 18, 2014 - Industry News

P&S Transportation Parent Purchases Logistics Provider TA Services

The combined companies will go forward under the ownership of P&S Holdings and continue to operate under their respective, independent names, according to a news release.

Tags: Fleets, Mergers & Acquisitions

August 13, 2014 - Industry News

U.S. Xpress Purchasing More of Arnold Transportation

Tennessee-based U.S. Xpress, one of the largest privately owned fleets in the country, reportedly is purchasing Arnold’s Jacksonville, Fla., headquarters and at least one terminal.

Tags: Fleets, U.S. Xpress, Arnold Transportation, Mergers & Acquisitions

August 13, 2014 - Industry News

FleetCor Purchasing Comdata for Nearly $3.5 Billion

FleetCor Technologies, a provider of fuel cards and workforce payment services, has signed an agreement to purchase electronic payment services provider Comdata for $3.45 billion.

Tags: Comdata, Fleet Card, FleetCor Technologies, Mergers & Acquisitions

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