August 18, 2016 - Industry News
Uber is upping its efforts to expand from the ride-sharing market to commercial freight movement by acquiring Otto, the technology startup that’s developing an aftermarket version of autonomous technology for Class 8 trucks.
Tags: Mergers & Acquisitions, Uber, Autonomous Vehicles, Otto
August 5, 2016 - Industry News
Kottke Trucking has purchased Walbon & Company’s over-the-road operations, including Walbon’s routes, trucks, trailers and Wildwood, Fla.- based terminal.
Tags: Mergers & Acquisitions, Kottke Trucking, Over-the-Road
August 2, 2016 - Industry News
Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.
Tags: Verizon, Fleetmatics, Mergers & Acquisitions
August 1, 2016 - Industry News
Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
July 25, 2016 - Industry News
Omni Holdings’ offshoot Omni Specialized will be in full operation after it acquired the flatbed assets of Tennant Truck Lines, the company announced.
Tags: Flatbeds, Mergers & Acquisitions, Tennant Truck Lines
July 22, 2016 - Industry News
Compressed natural gas fuel systems maker Quantum Fuel Systems Technologies has been acquired by Douglas Acquisitions, a Northern California-based private equity firm.
Tags: Mergers & Acquisitions, CNG, Quantum Fuel Systems Technologies
July 20, 2016 - Industry News
Fitzgerald Glider Kits has finalized the purchase of two Peterbilt dealerships in the southwest region of Virginia, formerly known by the name Performance Peterbilt of Bristol.
Tags: Peterbilt, Dealership, Mergers & Acquisitions, Glider Kits
July 6, 2016 - Industry News
Innova Electronics Corporation has acquired Aftermarket Telematics Technologies, LLC and will now be able to offer a full suite of aftermarket parts and services.
Tags: Mergers & Acquisitions, Innova Electronics
June 23, 2016 - Industry News
Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.
Tags: Verizon, Telogis, LeasePlan, Mergers & Acquisitions
June 22, 2016 - Industry News
Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.
Tags: Verizon, Telogis, Mergers & Acquisitions
Douglas Dynamics has agreed to acquire medium-duty truck upfitter Dejana Truck and Utility equipment for $206 million It is expected to close the deal during the third quarter of 2016.
Tags: Truck Bodies, Mergers & Acquisitions, Dejana Truck Equipment, Upfitters
June 15, 2016 - Industry News
Big mergers and acquisitions deals changed the third-party logistics market in 2016, with XPO Logistics leading the way with $100 million worth of deals.
Tags: Amazon.com, Trend Analysis, 3PL, Logistics, Mergers & Acquisitions, XPO Logistics
Agility Fuel Systems and composite CNG cylinder maker Hexagon Composites have announced a merger of the two companies, creating a new entity, Agility Fuel Solutions.
Tags: Mergers & Acquisitions, Agility Fuel Systems, CNG
Bendix’s German parent company Knorr-Bremse is making an acquisition to position it for future autonomous vehicle technology.
Tags: Bendix, Global, Mergers & Acquisitions, Advanced Driver Assistance Systems, Autonomous Vehicles
June 2, 2016 - Industry News
Schneider has announced the simultaneous acquisitions of Watkins & Shepard and Lodeso, bringing final mile delivery, claims-free handling and a new technology platform to the carrier.
Tags: Schneider, Mergers & Acquisitions, Last Mile Delivery
May 27, 2016 - Industry News
Moving services provider Bekins Northwest has acquired the assets of moving and storage company Clancy’s Transfer & Storage.
Tags: Washington, Mergers & Acquisitions, Moving and Storage Fleet
May 25, 2016 - Product News
Monro Muffler Brake has acquired tire retailer McGee Tire Stores, adding 29 stores and one retread facility to expand the company’s footprint in Florida.
Tags: Tires, Monro Muffler Brake, Mergers & Acquisitions
May 5, 2016 - Industry News
Cargo securement manufacturer and supplier Heico has acquired Wistra GmbH Cargo Control, a German cargo securement products company.
Tags: Cargo Securement, Ancra, Mergers & Acquisitions
April 19, 2016 - Industry News
Wabco has acquired Laydon Composites, a manufacturer of aerodynamic devices for heavy-duty trucks and trailers based in Ontario, Canada.
Tags: Aerodynamics, Wabco, Mergers & Acquisitions
April 7, 2016 - Industry News
Commercial tire dealer and retreader BestDrive has purchased Brahler’s Trucker Supply, significantly expanding its presence in the Midwest.
Tags: Tires, Continental Tire the Americas, Retreads, Mergers & Acquisitions
April 1, 2016 - Product News
LOUISVILLE, KY -- Trail King's purchase of Dakota gained a line of grain trailers, while growth in the hauling of turbine blades demands longer equipment.
Tags: Trailers, Dakota, Trail King, Mergers & Acquisitions, Agricultural Fleets
March 14, 2016 - Industry News
Canadian supply chain solutions company VersaCold Logistics Services has agreed to acquire Coastal Pacific Xpress, a large refrigerated carrier based in British Columbia.
Tags: Canada, LTL, Logistics, Mergers & Acquisitions, Truckload
March 7, 2016 - Industry News
Commercial truck dealer group TranSource has entered into an agreement with Advantage Truck Centers to purchase certain assets from the Rocky Mount and St. Pauls, N.C. locations.
Tags: Hino, Volvo Trucks, Dealers, Mergers & Acquisitions
February 18, 2016 - Industry News
Video telematics company Lytx has signed an agreement to be acquired by Chicago-based private equity firm GTCR.
Tags: Mergers & Acquisitions, Lytx, Truck Driver Safety
February 12, 2016 - Industry News
Business analytics and insight company IHS has signed an agreement to acquire Oil Price Information Service, a pricing reporting agency that serves the oil, natural gas and biofuels industries.
Tags: Oil Analysis, Mergers & Acquisitions, IHS Automotive, Petroleum, Alternative Fuels
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