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
February 4, 2016 - Industry News
Pure Power Technologies has been acquired from Navistar by an investment group, allowing PPT to become an independent company.
Tags: Navistar, Fuel Injection, Mergers & Acquisitions
February 3, 2016 - Industry News
Dana Holding Corporation has competed its acquisition of Magnum Gaskets, a U.S.-based supplier of aftermarket gaskets and sealing products for commercial-vehicle and automotive applications.
Tags: Aftermarket Parts, Dana Holding Corp., Mergers & Acquisitions
February 2, 2016 - Industry News
Love’s Travel Stops has agreed to purchase compressed natural gas provider Trillium CNG in a deal that will add 37 public-access CNG locations to the truck stop company’s network.
Tags: Mergers & Acquisitions, Trillium CNG, Love's Travel Stops, Truckstops, Compressed Natural Gas, CNG Fueling Stations
January 19, 2016 - Industry News
The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.
Tags: Union Leasing, Fleet Management Companies, Mergers & Acquisitions, Walser Automotive Group
January 7, 2016 - Industry News
A new report reveals that nearly 48% of shippers regard M+A activity in logistics as a positive and just over 39% embrace the M+A frenzy because they prefer full-service logistics providers that offer a wider geographical reach.
Tags: Logistics, Mergers & Acquisitions
December 23, 2015 - Industry News
Toronto-based Element Financial Corp. has closed $4.8 billion in rated asset-backed security funding that will fuel the company's aggressive move into the U.S. fleet management business.
Tags: Mergers & Acquisitions, Equity Markets, Element Financial
November 17, 2015 - Industry News
TravelCenters of America has agreed to acquire the Quaker Steak & Lube casual-dining chain for $25 million, in a move that will see some of its existing full-service restaurants converted to the brand as well as expanding the number of stand-alone restaurants.
Tags: TravelCenters of America, Truckstops, Mergers & Acquisitions
November 11, 2015 - Industry News
The Worthington Industries Pressure Cylinders segment has acquired assets from Trilogy Engineered Systems, a manufacturer of CNG fuel system components for the commercial truck market.
Tags: Alternative Fuels, Mergers & Acquisitions, CNG, Worthington Industries
We offer e-newsletters that deliver targeted news and information for the entire fleet industry.
The expert, Mark Betner from CITGO, will answer your questions
The expert, Brian Fletcher from Eaton, will answer your questions
Frame Rack Accommodates Heavy-Duty Vehicles
Noregon Releases JPro Professional 2016 Version 2
Pencool 4000 Treats Extended Life Coolants
Rand McNally Launches Line of Dash Cameras