TopNews

Mergers & Acquisitions

1  -  25  of  295

October 9, 2017 - Industry News

Freight Brokers International to Acquire Consolidated Carriers

Photo via The FBI Group Facebook page

Freight Brokers International Corp., the FBI Group, announced an agreement to acquire Consolidated Carriers, a non-asset based freight broker in Markham, Ontario, Canada.

Tags: Logistics, Mergers & Acquisitions, Freight Brokers

October 3, 2017 - Industry News

Buffet’s Berkshire Hathaway Buys Large Stake in Pilot Flying J

Photo: Pilot Flying J

Warren Buffet’s holding company Berkshire Hathaway has made a significant minority investment in truckstop chain Pilot Flying J, with plans to become the majority stakeholder by 2023, the companies announced.

Tags: Investment, Truckstops, Pilot Flying J, Mergers & Acquisitions

October 2, 2017 - Industry News

NFI Acquires CalCartage, Increases Supply Chain Capabilities

With CalCartage’s expertise, NFI can provide heightened specialization in the retail, e-commerce, footwear, and apparel sectors.

Tags: NFI, Ports, Mergers & Acquisitions, Supply Chain Solution, Drayage, CalCartage

October 2, 2017 - Industry News

Orbcomm Acquires Blue Tree Systems

Orbcomm has acquired transportation management systems provider Blue Tree Systems Limited and its subsidiaries.

Tags: TMS, Blue Tree Systems, Mergers & Acquisitions, ORBCOMM, Telematics

September 29, 2017 - Industry News

Michelin Selling More TCi Locations

Three months after selling 27 Tire Centers stores to an independent tire dealer in the southeastern U.S. Michelin North America is planning to sell more of its TCi locations.

Tags: Michelin, Tires, TCI, Mergers & Acquisitions, Parts and Service

September 18, 2017 - Industry News

Celadon Sells Off Flatbed Division to PS Logistics

Photo: Celadon

Celadon Group has announced that it completed the disposition of all assets associated with its flatbed trucking division to a subsidiary of PS Logistics, a flatbed-focused transportation and logistics provider.

Tags: Celadon Group, Flatbeds, Mergers & Acquisitions, PS Logistics

September 18, 2017 - Industry News

Meritor Selling Stake in Joint Venture to Wabco

Advanced safety systems were one offering of the Meritor Wabco joint venture. Photo: Meritor Wabco

Wabco Holdings Inc. is expanding its operations in North America by taking full ownership of the Meritor Wabco joint venture.

Tags: Meritor, Aftermarket, Meritor Wabco, Wabco, Mergers & Acquisitions, Advanced Driver Assistance Systems

September 13, 2017 - Industry News

Trimble Acquires 10-4 Systems

Image via 10-4 Systems

Trimble has announced it has acquired privately held 10-4 Systems, a provider of multimodal shipment visibility solutions for shippers and transportation companies.

Tags: Trimble, Intermodal, Shippers, TMS, Asset Tracking, Mergers & Acquisitions

September 5, 2017 - Industry News

Carlyle Group Acquires United Road Vehicle Transporter

Photo of United Road transporter courtesy of Charlesbank.

Private equity investors The Carlyle Group have acquired United Road Services, a vehicle logistics company based in Romulus, Mich., from Charlesbank Capital Partners, the firm has announced.

Tags: Mergers & Acquisitions, Vehicle Logistics, United Road

September 5, 2017 - Industry News

Meritor Aims for Expansion with Fabco Buy

Meritor has acquired the product portfolio and related technologies of Fabco Holdings and its subsidiaries under undisclosed terms.

Tags: Meritor, Mergers & Acquisitions, Construction Fleets, Construction

September 5, 2017 - Industry News

Daseke Merges with Arms Transporter R&R Trucking

R&R Trucking transports specialty cargo requiring unique training and security clearances and is a leading specialized transporter of defense and commercial AA&E (arms, ammunitions and explosives) cargo. Photo: R&R Trucking

Daseke has announced a merger with R&R Trucking, a specialized transporter of defense and commercial arms, ammunitions, and explosives cargo – the fourth company addition for Daseke in the past four months.

Tags: Flatbeds, Mergers & Acquisitions, Daseke Inc.

August 24, 2017 - Industry News

Detroit Reman Acquires Mascot Truck Parts

Detroit Diesel Remanufacturing is acquiring the North American business operations of Mascot Truck Parts, a provider of remanufactured driveline components for the heavy- and medium-duty aftermarket.

Tags: Detroit Diesel, Remanufacturing, Mergers & Acquisitions, Drivelines

August 24, 2017 - Industry News

Wabco Acquires Active Steering Technology Supplier

Wabco Holdings has signed an agreement to acquire RH Sheppard Co., a supplier of commercial vehicle technologies, including vehicle steering capabilities, such as active steering technology.

Tags: Active Safety Systems, Wabco, Mergers & Acquisitions, Autonomous Vehicles, Steering, Sheppard

August 9, 2017 - Industry News

Wabash National to Buy Truck Body Maker Supreme

Photo: Wabash National

Impact that rising tide of e-commerce shipping is having on the need for more “final mile” deliveries cited as driving factor behind acquisition.

Tags: Wabash National, Mergers & Acquisitions, Trailers, Truck Bodies

July 24, 2017 - Industry News

Driving Dynamics Acquires Element's CTS Training Unit

Vinciguerra

Driving Dynamics has acquired the Center for Transportation Safety (CTS) from Element Fleet Management in a deal that will expand its own fleet driver training and preserve the fleet management company's safety offering to its own clients, Driving Dynamics has announced.

Tags: Driving Dynamics, Mergers & Acquisitions, Element Fleet Management, Drivers, Driver Training, CDL, New Hire, C-Suite, Fleet Management Companies

July 6, 2017 - Industry News

Heartland Express Acquires Interstate Distributor Co.

Interstate Distributor Co., was acquired by Heartland Express for around $113 million. Photo via Interstate Distributor Facebook page

Truckload carrier Heartland Express has acquired 100% of the outstanding stock of Tacoma, Washington-based Interstate Distributor Co. from Saltchuk Resources.

Tags: Mergers & Acquisitions, Heartland Express, Truckload, Interstate Distributor

July 5, 2017 - Industry News

Daseke Continues North American Expansion with Latest Merger

The Steelman Companies, which specializes in flatbed and heavy-haul freight, has joined the Daseke family of companies. Photo: Daseke

Daseke has announced a merger with The Steelman Companies, the third such deal in the past two months, continuing the company’s North American expansion.

Tags: Flatbeds, Heavy Haul, Mergers & Acquisitions, Daseke Inc.

June 19, 2017 - Industry News

Accuride Agrees to Buy German Wheel Supplier

Accuride has entered into an agreement to acquire Mefro Wheels, a privately owned German-based supplier of steel wheels to the commercial vehicle industries in Europe and Asia.

Tags: Wheels, Accuride, Global, Mergers & Acquisitions, Suppliers

June 14, 2017 - Industry News

Penske Truck Leasing to Acquire Old Dominion Truck Leasing

Penske expects its deal to acquire Old Dominion Truck Leasing to close in July of this year. Photo: Penske

When completed, the deal will add approximately 1,400 tractors, trucks, and trailers to Penske's fleet.

Tags: leasing, Penske Truck Leasing, Mergers & Acquisitions, Old Dominion Freight Line

June 14, 2017 - Industry News

Michelin Moves into Telematics with NexTraq Acquisition

Michelin's acquisition of NexTraq will enhance the company's solutions for driver safety, fuel management and enhancing fleet productivity. Photo: Michelin

Michelin has announced its pending acquisition of NexTraq, an Atlanta-based provider of commercial fleet communications systems.

Tags: Michelin, FleetCor Technologies, NexTraq, Mergers & Acquisitions

June 12, 2017 - Industry News

Orbcomm Buys Fleet Management Software Provider Inthinc

Orbcomm has acquired the assets of Salt Lake City-based Inthinc, a fleet management and driver safety solutions provider.

Tags: inthinc, Mergers & Acquisitions, ORBCOMM

June 2, 2017 - Industry News

Federal Signal Completes $270 Million Acquisition of TBEI

Federal Signal has completed its acquisition of Truck Bodies and Equipment International, a manufacturer of dump bodies and trailers, for a purchase price of $270 million.

Tags: Truck Bodies, Mergers & Acquisitions, Federal Signal, TBEI, Trailers, Truck Equipment, Upfitters

May 12, 2017 - Industry News

PwC: Global M&A Activity Stayed Stable in First Quarter

Photo: Evan Lockridge

In its Q1 2017 update on M&A activity in the global transportation and logistics space, PricewaterhouseCoopers reports that deal activity in the quarter remained stable.

Tags: Global, Mergers & Acquisitions

May 8, 2017 - Industry News

Federal Signal to Buy Truck Bodies and Equipment International

Federal Signal Corporation has announced that it has signed a definitive agreement to acquire Truck Bodies and Equipment International, a manufacturer of dump truck bodies and trailers.

Tags: TBEI, Truck Bodies, Mergers & Acquisitions, Federal Signal

May 4, 2017 - Industry News

FTC Greenlights Knight-Swift Merger

Photo: Evan Lockridge

The mega-merger of Knight Transportation and Swift Transportation has moved a step closer to completion with the Federal Trade Commission granting its approval.

Tags: Mergers & Acquisitions, Swift Transportation, Knight Transportation, Knight-Swift

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