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Mergers & Acquisitions

1  -  25  of  131

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

August 11, 2014 - Industry News

FleetPride Acquires Republic Diesel Truck Parts and Service

Photo: FleetPride

FleetPride has acquired the Republic Diesel truck parts and service business, expanding the company’s presence in Indiana and Kentucky.

Tags: FleetPride, Mergers & Acquisitions, Service Center, Republic Diesel, Parts, Aftermarket

August 11, 2014 - Industry News

Roadrunner Transportation Purchasing Active Aero Group for $115 Million

Roadrunner Transportation Systems has entered into a definitive merger agreement to acquire Active Aero Group from the investment firm Platinum Equity.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

August 6, 2014 - Industry News

Trucking Mergers, Acquisitions Forecast to Increase

The pace of transportation and logistics mergers and acquisitions accelerated during the second quarter of the year, as measured by both announced value and volume, according to a new report from accounting and consulting firm PricewaterhouseCoopers, but don’t expect records to be broken.

Tags: Research, Mergers & Acquisitions

July 31, 2014 - Industry News

Paccar: No Merger Talks with VW

In early July, a top Daimler Trucks official told reporters that fellow German company Volkswagen would make a bid to buy American truck maker Paccar. VW denied it the rumor at the time, and now Paccar has come out with a statement as well.

Tags: Paccar, Volkswagen, Navistar, Global, Mergers & Acquisitions

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

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