TopNews

Mergers & Acquisitions

1  -  25  of  243

August 18, 2016 - Industry News

Uber Buys Autonomous Truck Startup Otto

Photo: Otto

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 Buys Florida-Based OTR Business

Photo: Kottke Trucking

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-Fleetmatics Deal Makes Telematics Giant

Logos via Verizon and Fleetmatics.

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 to Acquire Fleetmatics

Logos courtesy of Fleetmatics and Verizon.

Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.

Tags: Verizon, Fleetmatics, Mergers & Acquisitions

July 25, 2016 - Industry News

Omni Holdings Buys Flatbed Assets of Tennant Truck Lines

Photo: Omni Specialized

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

Quantum Fuel Systems Bought by Private Equity Firm

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 Acquires Two Peterbilt Dealerships

Photo: Fitzgerald Peterbilt

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 Acquires Telematics Provider

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-Telogis Deal Creates Top Telematics Unit

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 Acquires Telogis

Photo courtesy of Telogis.

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

June 22, 2016 - Industry News

Douglas Dynamics Buys Medium-Duty Upfitter Dejana

Photo: Dejana

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

Mergers, Acquisitions Dominate 3PL Market

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

June 15, 2016 - Industry News

Agility Merges with Hexagon to Create Agility Fuel Solutions

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

June 15, 2016 - Industry News

Autonomous Vehicle Technology Aim of Bendix Parent Company Acquisition

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 Bolsters Delivery Services Through Acquisitions

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 Expands Pacific Northwest Footprint

Photo: Bekins

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 Expands Commercial Tire Footprint

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

Heico Acquires German Cargo Securement Products Company

Photo via Wistra

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 Acquisition Brings Aerodynamic Devices to North America

Pictured here is a heavy-duty truck equipped with LCL’s trailer nose and side fairings, which improve the vehicle’s aerodynamic performance, thereby, helping to lower fuel consumption and CO2 emissions. Image via Wabco

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

BestDrive Expands Midwest Presence Through Brahler’s Acquisition

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

Trail King Acquisition Brings a New Product

Belt conveyor can be added or removed from aluminum grain trailer in about three hours, Trail King says. Photos via Trail King

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

Logistics Company Buys Coastal Pacific Xpress

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

TranSource Acquires North And South Carolina Dealers

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

Lytx to Be Acquired for $500 Million

The Lytx ActiveVision is one of HDT's Top 20 Products of 2016. Photo: Lytx

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

IHS To Acquire Oil Price Information Service

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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