November 8, 2016 - Industry News
With regulatory approvals now in the rear-view mirror, Verizon must now decide whether to merge its three telematics companies as separate business units or merge them into Verizon Telematics.
Tags: Verizon, Telogis, Fleetmatics, Mergers & Acquisitions, Verizon Networkfleet
November 7, 2016 - Industry News
Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.
Tags: Verizon, Fleetmatics, Mergers & Acquisitions, Telogis
November 1, 2016 - Industry News
Dallas-based independent petroleum refiner and marketer HollyFrontier has agreed to acquire Suncor Energy’s Petro-Canada Lubricants business for $845 million.
Tags: Lubricants, Mergers & Acquisitions, Petro-Canada Lubricants
October 28, 2016 - Industry News
Longtime employees of TransForce’s new acquisition in Joplin, Mo., are proudly digging out their old CFI shirts, as the company founded in 1951 as Contract Freighters Inc. goes back to its roots and its name under its new ownership.
Tags: Mergers & Acquisitions, TransForce, XPO Logistics, CFI
October 27, 2016 - Industry News
XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.
Tags: Con-way Truckload, Mergers & Acquisitions, TransForce, XPO Logistics
Third-party transportation and logistics providers Sunteck Transport Group and TTS Holdings have merged to create a single $1 billion dollar company.
Tags: 3PL, Mergers & Acquisitions, Multimodal
October 4, 2016 - Industry News
The Continental Corporation has acquired a majority stake in Zonar Systems, a company specializing in fleet management solutions for commercial vehicles.
Tags: telematics, Continental, Zonar, Mergers & Acquisitions
September 16, 2016 - Industry News
WL Byers and Southern Pines announced that the two trucking companies will combine in an equal partnership under the Southern Pines name offering services in the U.S., Canada and Mexico.
Tags: Hazardous Materials, Heavy Haul, Mergers & Acquisitions, Oversize Loads
September 12, 2016 - Industry News
CRST International has purchased the privately held, Calif.-based Gardner Trucking in the largest acquisition in CRST’s history.
Tags: Mergers & Acquisitions, CRST, Truckload
September 6, 2016 - Global News
Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.
Tags: Volkswagen, Navistar, Engines, Mergers & Acquisitions
August 29, 2016 - Industry News
Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.
Tags: Ritchie Bros. Auctions, Mergers & Acquisitions, IronPlanet, Auctions, Heavy Equipment
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
We offer e-newsletters that deliver targeted news and information for the entire fleet industry.
The expert, Shawn Whitacre from Chevron Delo, will answer your questions
The expert, Steve Carlson from Xantrex, will answer your questions
The expert, Brian Fletcher from Eaton, will answer your questions
On the Spot: Drive the Future With Volvo's SuperTruck [Video]
Highlights From ATA Management Conference & Exhibition [Video]
Navistar's Las Vegas LT Series Launch Presentation [Video]
Test Drive Preview: Freightliner's 2018 Cascadia [Video]
Power Converter Features Waterproof Design
Tool Caddy Can Store 100 Pounds of Gear
Trailer Slick Plate Requires No Grease
AutoSock Fits Wide Base Single Tires