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Mergers & Acquisitions

26  -  50  of  254

June 2, 2016 - Industry News

Schneider Bolsters Delivery Services Through Acquisitions

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 Expands Pacific Northwest Footprint

Photo: Bekins

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 Expands Commercial Tire Footprint

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

Heico Acquires German Cargo Securement Products Company

Photo via Wistra

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 Acquisition Brings Aerodynamic Devices to North America

Pictured here is a heavy-duty truck equipped with LCL’s trailer nose and side fairings, which improve the vehicle’s aerodynamic performance, thereby, helping to lower fuel consumption and CO2 emissions. Image via Wabco

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

BestDrive Expands Midwest Presence Through Brahler’s Acquisition

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

April 1, 2016 - Product News

Trail King Acquisition Brings a New Product

Belt conveyor can be added or removed from aluminum grain trailer in about three hours, Trail King says. Photos via Trail King

LOUISVILLE, KY -- Trail King's purchase of Dakota gained a line of grain trailers, while growth in the hauling of turbine blades demands longer equipment.

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

March 14, 2016 - Industry News

Logistics Company Buys Coastal Pacific Xpress

Canadian supply chain solutions company VersaCold Logistics Services has agreed to acquire Coastal Pacific Xpress, a large refrigerated carrier based in British Columbia.

Tags: Canada, LTL, Logistics, Mergers & Acquisitions, Truckload

March 7, 2016 - Industry News

TranSource Acquires North And South Carolina Dealers

Commercial truck dealer group TranSource has entered into an agreement with Advantage Truck Centers to purchase certain assets from the Rocky Mount and St. Pauls, N.C. locations.

Tags: Hino, Volvo Trucks, Dealers, Mergers & Acquisitions

February 18, 2016 - Industry News

Lytx to Be Acquired for $500 Million

The Lytx ActiveVision is one of HDT's Top 20 Products of 2016. Photo: Lytx

Video telematics company Lytx has signed an agreement to be acquired by Chicago-based private equity firm GTCR.

Tags: Mergers & Acquisitions, Lytx, Truck Driver Safety

February 12, 2016 - Industry News

IHS To Acquire Oil Price Information Service

Business analytics and insight company IHS has signed an agreement to acquire Oil Price Information Service, a pricing reporting agency that serves the oil, natural gas and biofuels industries.

Tags: Petroleum, Oil Analysis, Mergers & Acquisitions, IHS Automotive, Alternative Fuels

February 4, 2016 - Industry News

Pure Power Technologies Goes Independent From Navistar

Pure Power Technologies has been acquired from Navistar by an investment group, allowing PPT to become an independent company.

Tags: Navistar, Fuel Injection, Mergers & Acquisitions

February 3, 2016 - Industry News

Dana Holding Acquires Magnum Gaskets

Dana Holding Corporation has competed its acquisition of Magnum Gaskets, a U.S.-based supplier of aftermarket gaskets and sealing products for commercial-vehicle and automotive applications.

Tags: Aftermarket Parts, Dana Holding Corp., Mergers & Acquisitions

February 2, 2016 - Industry News

Love’s Travel Stops Acquires CNG Provider Trillium

The acqurisition will add 37 public-access CNG locations to Love's network. Image: Love's

Love’s Travel Stops has agreed to purchase compressed natural gas provider Trillium CNG in a deal that will add 37 public-access CNG locations to the truck stop company’s network.

Tags: Mergers & Acquisitions, Trillium CNG, Love's Travel Stops, Truckstops, Compressed Natural Gas, CNG Fueling Stations

January 19, 2016 - Industry News

Union Leasing Acquires Walser Leasing and Fleet Services

The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.

Tags: Union Leasing, fleet management companies, Mergers & Acquisitions, Walser Automotive Group

January 7, 2016 - Industry News

Logistics M+A Boom Echoes into New Year

Image via Eyefortransport

A new report reveals that nearly 48% of shippers regard M+A activity in logistics as a positive and just over 39% embrace the M+A frenzy because they prefer full-service logistics providers that offer a wider geographical reach.

Tags: Logistics, Mergers & Acquisitions

December 23, 2015 - Industry News

Element Financial Closes $4.8B in Funding

File logo

Toronto-based Element Financial Corp. has closed $4.8 billion in rated asset-backed security funding that will fuel the company's aggressive move into the U.S. fleet management business.

Tags: Mergers & Acquisitions, Equity Markets, Element Financial

November 17, 2015 - Industry News

TravelCenters Looks to Buy Bankrupt Quaker Steak & Lube

Photo: Quaker Steak & Lube

TravelCenters of America has agreed to acquire the Quaker Steak & Lube casual-dining chain for $25 million, in a move that will see some of its existing full-service restaurants converted to the brand as well as expanding the number of stand-alone restaurants.

Tags: TravelCenters of America, Truckstops, Mergers & Acquisitions

November 11, 2015 - Industry News

Worthington Expands CNG Offering with Acquisition

Photo: Worthington Industries

The Worthington Industries Pressure Cylinders segment has acquired assets from Trilogy Engineered Systems, a manufacturer of CNG fuel system components for the commercial truck market.

Tags: Alternative Fuels, Mergers & Acquisitions, CNG, Worthington Industries

November 2, 2015 - Industry News

J.B. Poindexter & Co. to Acquire Reading Truck Body

J.B. Poindexter & Co., parent company of Morgan Olson, is buying Reading Truck Body, which makes service and other bodies

Tags: Reading Truck Body, Mergers & Acquisitions

October 21, 2015 - Industry News

SMC³ Buys Cost-Modeling Software Company

Data solutions provider SMC³ has acquired Maryland-based fleet management software companyTransportation Costing Group.

Tags: Software, Mergers & Acquisitions, Truckload, Big Data, Less Than Truckload

October 19, 2015 - Press Release

WEX to Acquire Fuel Card Provider

WEX Inc. is moving to acquire Electronic Funds Source LLC (EFS) for $1.1 billion and 4 million shares of common stock that will be issued to investment funds affiliated with Warburg Pincus, EFS’ current owner.

Tags: WEX, fuel cards, Mergers & Acquisitions

October 14, 2015 - Industry News

Element Further Explains Growth Trajectory

File logo

Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.

Tags: Fleet Services, Information Technology, Mergers & Acquisitions, Element Financial, Element Fleet Management, fleet management companies

October 8, 2015 - Industry News

Freight Slowdown Will Drive More Mergers & Acquisitions

Trucking companies are bracing for a slowdown in their business, with many looking to mergers and acquisitions for growth instead, according to reports this week in The Wall Street Journal.

Tags: Mergers & Acquisitions, Freight Rates

October 1, 2015 - Industry News

Celadon Gains Truckload Van Assets in an Acquisition

Photo via Tango Transport

One of Celadon Groups subsidiaries has purchased select assets of the truckload business of Tango Transport, a Louisiana-based carrier.

Tags: Celadon, Mergers & Acquisitions, Truckload

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