TopNews

Mergers & Acquisitions

1  -  25  of  123

July 29, 2014 - Industry News

XPO Logistics Posts Smaller Loss, Purchases New Breed Logistics

XPO Logistics posted a smaller net loss in the second quarter of the year compared to a year ago, while announcing an acquisition along with the completion of an earlier purchase.

Tags: Fleets, Logistics, Mergers & Acquisitions, XPO Logistics

July 25, 2014 - Industry News

Canadian Trucking Giant TransForce Bids to Buy Rival Contrans

Canada’s largest trucking firm, TransForce, has offered to buy fellow top Canadian carrier Contrans for about CA$495 million in cash.

Tags: Canada, Fleets, Mergers & Acquisitions, TransForce

July 21, 2014 - Industry News

Roadrunner Purchases Indiana-Based Logistics Provider

Asset-light trucking and logistics provider, Roadrunner Transportation Systems, has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

July 18, 2014 - Industry News

Werner Enterprises Investing in Chinese Carrier

Nebraska-based trucking and logistics company Werner Enterprises said Friday its Werner Global Logistics subsidiary has signed an agreement in principle to make an equity investment in Hercules Logistics, a logistics and asset-based transportation company headquartered in Shenzhen, China.

Tags: International, Werner Enterprises, Fleets, Mergers & Acquisitions

July 8, 2014 - Industry News

Lineage Logistics Acquires Two California Cold Storage Facilities

Lineage Logistics, Colton, Calif., a warehousing and logistics company, has acquired two cold storage facilities in Santa Cruz county California from Dreisbach Enterprises.

Tags: California, Fleets, Logistics, Mergers & Acquisitions

July 8, 2014 - Industry News

Element's PHH Arval Buy Doubles Fleet Portfolio

Element Financial Corp. has finalized its acquisition of PHH Arval for $1.4 billion, a transaction that doubles the size of its managed fleet assets, the Canadian firm has announced.

Tags: Canada, Element Financial, PHH Arval, Mergers & Acquisitions

July 7, 2014 - Industry News

Accellos, HighJump Software Announce Merger

Supply chain software companies Accellos, Colorado Springs, and HighJump, Minneapolis, announced July 7 that the two companies would merge operations, creating a company with 11,000 customers in 23 countries throughout North America, Europe and Asia.

Tags: Information Technology, Software, Mergers & Acquisitions, Accellos, HighJump Software

July 3, 2014 - Industry News

Rumors Say Volkswagen to Bid for Paccar; VW Denies it

Rumors have been around for a while that Volkswagen will try to buy a U.S. truck maker. Earlier rumors centered on International, but the latest is Paccar, with Reuters running a story Thursday about takeover plans and VW denying it.

Tags: Paccar, Volkswagen, Global, Mergers & Acquisitions

July 2, 2014 - Industry News

Stoughton Buys Barrett Trailers

Barrett has been a pioneer in the transportation of hogs.

STI Holdings, the parent company of Stoughton Trailers LLC, announced the acquisition of Barrett Trailers in Purcell, Okla.

Tags: Trailers, Mergers & Acquisitions, Stoughton Trailers

June 20, 2014 - Industry News

Premier Trailer Leasing Buys Trailer Fleet International

Premier Trailer Leasing earlier this month acquired certain assets of Trailer Fleet International, a provider of trailer rental and leasing services on the west coast, with nearly 3,000 trailers and locations in Los Angeles, Rancho Cucamonga, Portland and Seattle.

Tags: Trailers, Mergers & Acquisitions, Trailer Leasing

June 20, 2014 - Industry News

Bridger Group Acquires Occidental Petroleum’s Trucking Operation

Integrated crude oil midstream logistics company, Bridger Group, has reached an agreement to provide dedicated trucking services for the crude oil marketing business of Occidental Energy Marketing.

Tags: Fleets, Mergers & Acquisitions

June 16, 2014 - Industry News

Precision Drilling Sells Trucking Operation

Precision Drilling has signed an agreement to sell certain assets from its trucking operations to fellow Canada-based Aveda Transportation and Energy Services.

Tags: Fleets, Mergers & Acquisitions

June 10, 2014 - Industry News

Bolt Express Parent Purchases Truckload Carrier DSE Services

The parent company to Bolt Express and Strike Logistics, Bolt Holdings, has purchased the truckload operation DSE Services, based in Daleville, Ind.

Tags: Fleets, Mergers & Acquisitions, Bolt Holdings, Bolt Express, DSE Services

May 29, 2014 - Industry News

Pegasus TransTech Purchases TripPak, ACS Advertising

A provider of electronic revenue cycle, document management and invoicing services to the transportation industry, Pegasus TransTech, has acquired TripPak Services and ACS Advertising from Xerox.

Tags: Information Technology, Xerox, Mergers & Acquisitions, Pegasus TransTech, TripPak, ACS Advertising

May 28, 2014 - Industry News

Marathon’s Speedway Purchasing Hess for Nearly $2.9 Billion

Hess is the largest operator of convenience stores along the East Coast and the fifth largest in the U.S. by number of company-operated sites with 1,256 stores located in 16 states. Speedway is the nation's fourth-largest convenience store chain by number of company-owned and operated sites, with approximately 1,480 stores located in nine states.

Tags: Gasoline, Hess Corporation, Truckstops, Diesel Fuel, Mergers & Acquisitions, Marathon Petroleum

May 14, 2014 - Industry News

Echo Global Logistics Purchases One Stop Logistics

Third-party logistics and supply chain management services provider, Echo Global Logistics, has purchase One Stop Logistics, headquartered in Watsonville, Calif., and is now doing business under the Echo name.

Tags: Fleets, Mergers & Acquisitions, Echo Global Logistics

May 13, 2014 - Industry News

Volkswagen to Take Control of Scania, Stepping up Commercial Vehicle Efforts

Its $9.2 billion offer to buy out the truck-making arm of the Swedish vehicle manufacturer Scania has been accepted, according to published reports.

Tags: Volkswagen, OEM, Europe, Scania, Mergers & Acquisitions

May 8, 2014 - Industry News

Bay and Bay Transportation Purchases Rival J&C Trucking

A trucking company involved in dry bulk hauling in the Midwest has bought up one its main competitors, according to published reports.

Tags: Fleets, Mergers & Acquisitions

May 8, 2014 - Industry News

USA Truck Says It’s Not A Takeover Target Again

USA Truck released a statement about the hedge funds Baker Street Capital and Stone House Capital now holding a joint 28% interest in the company.

Tags: USA Truck, Mergers & Acquisitions, Fleets

May 5, 2014 - Industry News

Roar Logistics Purchases Legend Transportation Group

The acquisition folds LTG, including its third-party logistics model and its online, less-than-truckload services for the retail store openings, mining, high-tech plant movement, gas and oil, and the energy industry into Roar's operations.

Tags: Fleets, Mergers & Acquisitions, Roar Logistics

April 27, 2014 - Industry News

PGT Trucking Purchasing Kelworth Trucking

Details of the deal have not been released, although PGT expects to complete it by early May.

Tags: Fleets, Mergers & Acquisitions, PGT Trucking

April 18, 2014 - Industry News

Six Robblees’ and Valley Brake and Truck Parts Join Forces

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.

Tags: Aftermarket, Six Robblees, Mergers & Acquisitions, Valley Brake and Truck Parts

April 17, 2014 - Industry News

Merger Creates Fourth Largest Container Shipping Company

Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Ballin House (Hapag-Lloyd headquarters) in Hamburg after the signing.

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.

Tags: Intermodal, Freight, Mergers & Acquisitions, Port Trucking

April 17, 2014 - Industry News

Private Equity Firm Purchasing EFS

The private equity firm Warburg Pincus had reached an agreement to acquire the fuel card and fleets payment services provider Electronic Funds Source.

Tags: Fuel Management, Fleets, Mergers & Acquisitions, EFS

April 6, 2014 - Industry News

Diesel Direct Expands Mobile Fueling Services in Northeast

Diesel Direct, a mobile refueling company headquartered in Massachusetts, recently made an acquisition of mobile refueling assets from New-York-based HOP Energy.

Tags: Diesel, Fuel Management, Mergers & Acquisitions, Diesel Direct

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