February 5, 2015 - Industry News
Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.
Tags: Mergers & Acquisitions, Forward Air
February 4, 2015 - Industry News
The less-than-truckload services provider Saia Inc. has purchased LinkEx Inc. an asset-light, third-party logistics provider based in Dallas, Texas.
Tags: 3PL, Mergers & Acquisitions, Saia
January 30, 2015 - Industry News
FedEx Corp. announced on Friday it completed the acquisition of Genco Distribution System Inc., one of the largest third-party logistics providers in North America.
Tags: 3PL, Mergers & Acquisitions
January 27, 2015 - Industry News
FleetPride Inc. has acquired six locations of Pardo’s Truck Service Parts Warehouse in the New Jersey, Pennsylvania and Maryland markets.
Tags: Aftermarket Parts, FleetPride, Mergers & Acquisitions
January 26, 2015 - Industry News
Freight transportation and logistics provider Celadon Group Inc. on Monday announced its purchase of North Carolina-based carrier Taylor Express.
Tags: Celadon Group, Mergers & Acquisitions
January 21, 2015 - Industry News
Zenith Freight Lines LLC is selling the remaining 51% share not owned by Bassett Furniture Industries Inc. to the furniture manufacturer.
Tags: Mergers & Acquisitions
January 20, 2015 - Industry News
CCC Parts Company has completed the purchase of TOR Truck Corporation, a wholesale distribution company specializing in providing drivetrain solutions and components. CCC Parts Company is a wholesale distributor of heavy-duty truck and trailer products.
Tags: CCC, Distributors, Mergers & Acquisitions, Parts and Service
Washington-based Radiant Logistics Inc. announced on Tuesday it has agreed to acquire Wheels Group Inc., one of the largest non-asset based third party logistics providers based in Canada.
Tags: Canada, Cross-Border Trucking, 3PL, Mergers & Acquisitions
January 14, 2015 - Industry News
Paragon Software Systems acquired a majority shareholding in Axida, a company that has been a business partner of Paragon in the home delivery service industry.
Tags: Fleet Management Software, Routing, Paragon Software, Delivery Fleet, Mergers & Acquisitions
January 9, 2015 - Industry News
Mary Petrovich, a former CEO of AxleTech from 2002-2011, will rejoin the firm as executive chairman. Joe Mejaly, who joined the company in May 2014 as general manager, will serve as AxleTech International’s CEO.
Tags: Leadership, People, Mergers & Acquisitions, AxleTech International, Carlyle Group
January 5, 2015 - Industry News
ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.
Tags: ABF, Logistics, Mergers & Acquisitions, ArcBest Corp., 3PL
January 5, 2015 - Global News
AB Volvo completed the purchase of 45% of Chinese automotive manufacturer Dongfeng Commercial Vehicles, first announced two years ago.
Tags: China, DongFeng Commercial Vehicles, Volvo Group, Mergers & Acquisitions, Global
The Canada-based customs broker Farrow Co. has acquired CK Logistics Inc., an established customs broker and logistics firm headquartered in San Antonio.
Tags: Canada, Cross-Border Trucking, Brokers, Logistics, Mergers & Acquisitions
December 30, 2014 - Industry News
FedEx acquired third party logistics company Genco, expanding the company’s portfolio to include reverse logistics which deals with the processing of returns for retailers.
Tags: 3PL, Logistics, Mergers & Acquisitions, FedEx, FedEx Ground
December 9, 2014 - Industry News
Antares Trailers has been acquired by Direct Trailer, a Texas-based manufacturer of custom flatbeds and drop-deck trailers. The acquisition will expand Direct Trailers production capabilities and increase the business volume.
Tags: Trailers, Flatbeds, Mergers & Acquisitions, Dropdeck Trailers
December 8, 2014 - Industry News
Pilot Logistics Services and Thomas Petroleum completed a merger which will combine both companies into Pilot Thomas Logistics. The merged company will be headquartered in Fort Worth, Texas.
Tags: Lubricants, Fuel and Oil, Mergers & Acquisitions
December 4, 2014 - Industry News
The deal is the latest of a number of investments Manitoulin has made in Western Canada in recent years to build its offerings and coverage in the region.
Tags: Canada, Mergers & Acquisitions, TransForce, Manitoulin
December 1, 2014 - Industry News
The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.
Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Mergers & Acquisitions, Brokers
The McCandless Truck Center International dealership group acquired Hanson International of Western Colorado, a commercial truck dealer with two dealerships in Grand Junction and Glenwood Springs, Colo.
Tags: Colorado, International Trucks, Mergers & Acquisitions, Commercial Truck Dealers
Alberta-based trucking company Mullen Group Ltd. says it will pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.
Tags: Canada, LTL, Mergers & Acquisitions, Oilfield
November 7, 2014 - Product News
Talbert Manufacturing acquired Ferree Trailers adding the company’s specialty trailer lines that weren't previously in Talbert’s own lineup, along with gaining Ferree’s manufacturing facility.
Tags: Trailers, Heavy Haul, Mergers & Acquisitions, Talbert Trailers
November 6, 2014 - Industry News
Penske Automotive has completed its acquisition of The Around the Clock Freightliner Group, a heavy and medium duty truck dealership group operating in Texas, Oklahoma and New Mexico.
Tags: Penske, Mergers & Acquisitions, Parts and Service, Dealers, Commercial Truck Dealers
November 5, 2014 - Industry News
Bobit Business Media has acquired the Truck Fleet Management media properties from the American Trucking Associations (ATA) in a deal that closed Nov. 5.
Tags: Bobit Business Media, ATA, Mergers & Acquisitions
November 4, 2014 - Industry News
The trucking operation Forward Air Corp. announced its subsidiary, Central States Trucking Co., has purchased substantially all of the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc., based in Indianapolis, Indiana.
November 3, 2014 - Industry News
Omnitracs completed its $178 million acquisition of fleet management software company XRS, the company announced. The company began the acquisition process in September.
Tags: Telematics, Information Technology, XRS, Mergers & Acquisitions, Omnitracs
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