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
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
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