TopNews

Mergers & Acquisitions

1  -  25  of  196

July 31, 2015 - Industry News

UPS Buys Coyote Logistics For $1.8 Billion

UPS announced it's buying Coyote Logistics, a non-asset-based truckload freight brokerage company, giving it a major presence in the U.S. truckload brokerage market.

Tags: UPS, Logistics, Mergers & Acquisitions

July 28, 2015 - Industry News

Roadrunner Acquires Stagecoach For Cross-Border Services

Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution to help it expand its cross-border business into Mexico.

Tags: Cross-Border Trucking, Roadrunner Transportation, Mergers & Acquisitions

July 27, 2015 - Industry News

TruckPro Acquires Power Train Service

TruckPro has completed the purchase of Power Train Service, a provider of heavy-duty aftermarket truck parts, fleet maintenance, remanufacturing, and mobile repair services.

Tags: Aftermarket Parts, Mergers & Acquisitions, TruckPro, Parts and Service, Remanufacturing

July 16, 2015 - Industry News

Maverick Acquires Flanary and Sons Trucking

Photo via FAST Trucking

Maverick USA has acquired Church Hill, Tenn.- based glass carrier Flanary and Sons Trucking.

Tags: Maverick, Mergers & Acquisitions

July 15, 2015 - Industry News

BorgWarner to Acquire Remy International

BorgWarner has entered into a definitive agreement to acquire Remy International, a global producer of rotating electrical components.

Tags: Remy, Mergers & Acquisitions, BorgWarner

July 2, 2015 - Industry News

Bulldog Hiway Express Brought Into Daseke Family of Carriers

Photo courtesy of Daseke

Bulldog Hiway Express, the company of past American Trucking Associations Chairman Phil Byrd, is merging with the Daseke family of flatbed, open-deck and specialty carriers.

Tags: Mergers & Acquisitions, Flatbed

July 1, 2015 - Press Release

Stemco Acquires Goodyear Air Springs Business

Stemco, an EnPro Industries company, completed its previously announced acquisition of the maker of Goodyear air springs, as well as Super Cushion and Spring Ride air springs, from ContiTech, a division of Continental Corporation.

Tags: Mergers & Acquisitions, EnPro Industries, Air Springs, Stemco

June 29, 2015 - Industry News

Kuehne Nagel Purchases 3PL Provider ReTrans

Credit: Kuehne and Nagel Group

Memphis, Tenn.-based third party logistics provider ReTrans Inc. is being purchased by the Kuehne Nagel Group, the latest in a series of moves by companies extending their reach into trans-Atlantic freight.

Tags: Intermodal, Mergers & Acquisitions, Fleets, 3PL, Global

June 29, 2015 - Industry News

Sysco Ends Merger Agreement With US Foods

Photo: Deborah Lockridge

Sysco has terminated its merger with US Foods after the Federal Trade Commission’s request for preliminary injunction to block the deal was granted.

Tags: Federal Trade Commission, Mergers & Acquisitions, Sysco, US Foods

June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Financial, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

June 5, 2015 - Industry News

Stemco Agrees to Buy Veyance Air Springs

Stemco has entered into an agreement to acquire the Veyance North-American air springs business form Continental AG, the company announced.

Tags: Goodyear, Stemco, Suspensions, Mergers & Acquisitions

May 26, 2015 - Industry News

PeopleNet Acquires Private Fleet Technology Provider Cadec

PeopleNet has acquired the assets of Cadec Global Inc.,expanding the company’s mobility solutions in the foodservice and private fleet industries.

Tags: Information Technology, PeopleNet, Analytics, Cadec, Mergers & Acquisitions

May 22, 2015 - Industry News

Heniff Acquires Horizon Tank Lines

Heniff Transportation Systems has acquired Horizon Tank Lines, expanding Heniff’s footprint into the Southeastern U.S.

Tags: Mergers & Acquisitions, Liquid Tank Trailers, Bulk Hauling

May 15, 2015 - Industry News

ZF Completes TRW Automotive Acquisition

John. C Plant, President and CEO of TRW (left), and ZF's CEO Stefan Sommer. Photo via ZF

ZF Friedrichshafen has completed its acquisition of TRW Automotive, the company announced. TRW and ZF will operate under the name ZF Friedrichshafen AG.

Tags: TRW Automotive, Global, Mergers & Acquisitions, ZF Friedrichshafen

May 7, 2015 - Industry News

Quality Distribution to Sell for About $800 Million

The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.

Tags: Earnings, Quality Distribution, Mergers & Acquisitions, Quality Carriers, Boasso America

May 4, 2015 - Industry News

XPO Logistics Halves Loss, Acquires Bridge Terminal Transport

Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.

Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Bridge Terminal Transport

May 1, 2015 - Industry News

Trail King Acquires Grain Trailer Manufacturer

Image via Trail King

Trail King Industries has acquired aluminum grain trailer maker Dakota Trailer Manufacturing expanding the company’s agricultural product line.

Tags: Trailers, Trail King, Mergers & Acquisitions, Agricultural Fleets

April 21, 2015 - Industry News

Echo Global Buys Command Transportation for $420 Million

Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.

Tags: Earnings, Mergers & Acquisitions, Echo Global Logistics

April 13, 2015 - Industry News

GE to Sell Fleet Management Unit by 2018

General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.

Tags: GE Capital Fleet Services, Fleet Management Companies, Mergers & Acquisitions, Equity Markets, GE Capital

April 9, 2015 - Industry News

U.S. Supplier Acquires Former European Counterpart

Burgaflex North America has acquired Burgaflex GmbH, a Germany-based supplier of tube and hose assemblies. Both companies were originally part of the Burgaflex Group, which was disbanded in 2010.

Tags: Europe, Mergers & Acquisitions, Suppliers, Global

April 7, 2015 - Global News

FedEx to Buy Dutch Parcel Carrier TNT Express

Photo: TNT Express

FedEx Corp. Tuesday announced it will buy European package company TNT Express for $4.8 billion, creating a strong third competitor in the European market.

Tags: Global, TNT Express, Mergers & Acquisitions, FedEx

March 10, 2015 - Industry News

Forward Air Completes CLP Towne Purchase

Forward Air Corp. has formally completed is previously announced purchase CLP Towne Inc. combining two of the largest trucking companies moving freight to and from the nation’s airports.

Tags: Mergers & Acquisitions, Forward Air

March 3, 2015 - Industry News

CRST Acquires Pegasus Transportation

CRST International has acquired Kentucky-based Pegasus Transportation. CRST said the acquisition will allow it to expand its temperature-controlled operations footprint.

Tags: Pegasus, Mergers & Acquisitions, CRST

March 3, 2015 - Industry News

Teletrac Merges with Navman Wireless

Teletrac and Navman Wireless have merged into a single telematics company, the two recently announced.

Tags: Telematics, Navman Wireless, Teletrac, Mergers & Acquisitions

February 23, 2015 - Industry News

FTC Looks to Stop Merger Combining Two of Nation’s Largest Private Fleets

Photo: Deborah Lockridge

The Federal Trade Commission has filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly reducing competition nationwide and in 32 local markets for foodservice distribution services.

Tags: Mergers & Acquisitions, Private Fleets, Sysco, US Foods

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