TopNews

Mergers & Acquisitions

26  -  50  of  124

April 6, 2014 - Industry News

Diesel Direct Expands Mobile Fueling Services in Northeast

Diesel Direct, a mobile refueling company headquartered in Massachusetts, recently made an acquisition of mobile refueling assets from New-York-based HOP Energy.

Tags: Diesel, Fuel Management, Mergers & Acquisitions, Diesel Direct

April 4, 2014 - Industry News

Three Texas Oilfield Trucking Fleets Merge

Three trucking companies have reached a merger agreement, creating what it says is one of the largest hydraulic fracturing proppant logistics companies for the oil field industry in North America.

Tags: Fleets, Fracking, Mergers & Acquisitions

April 2, 2014 - Industry News

Hudson Insurance Purchases Motor Transport Underwriters

Hudson Insurance Group has acquired Motor Transport Underwriters an underwriting, claims and risk management specialist in the long-haul trucking arena.

Tags: Insurance, Mergers & Acquisitions

March 19, 2014 - Industry News

Biglari Holdings Purchases Truck Insurer First Guard

The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.

Tags: Insurance, Mergers & Acquisitions

March 19, 2014 - Industry News

Coyote Logistics and Access America Transport Merging

The combined company will be one of the largest third-party logistics service providers in North America.

Tags: Fleets, Access America, Mergers & Acquisitions, Coyote Logistics

March 19, 2014 - Industry News

CSM Companies and French-Ellison Merge

CSM Companies, and French-Ellison Truck Center, announced that the two companies will merge on March 31. The result will establish the company as one of the largest commercial truck dealership groups in the United States with 19 facilities.

Tags: Aftermarket, Dealers, Mergers & Acquisitions

March 17, 2014 - Industry News

Roadrunner Transportation Purchases California Logistics Provider

Asset-light trucking company, Roadrunner Transportation Systems, has acquired all of the outstanding stock of Unitrans International, a non-asset based provider of international logistics solutions based in Los Angeles, Calif.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

March 10, 2014 - Industry News

Stemco Acquires Remaining Interest in Stemco Crewson Joint Venture

Stemco, an EnPro Industries company, announced the acquisition of the remaining interest of the Stemco Crewson joint venture from Tramec. The joint venture was formed in 2009 to expand Stemco’s brake products offering to include automatic brake adjusters.

Tags: Stemco, Mergers & Acquisitions, Tramec

March 10, 2014 - Industry News

Investment Firm Purchases Majority of Dicom Transportation

The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.

Tags: Canada, Cross-Border Trucking, Mexico, Fleets, Mergers & Acquisitions

March 6, 2014 - Industry News

Vitran Shareholders Approve Sale to TransForce

Photo: Evan Lockridge

Shareholders of the less-than-truckload carrier Vitran have approved an earlier announced sale to fellow Canadian trucking operation TransForce.

Tags: Fleets, Mergers & Acquisitions, TransForce, Vitran

February 26, 2014 - Industry News

Echo Global Logistics Purchases Comcar Logistics

Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.

Tags: Fleets, Mergers & Acquisitions, Echo Global Logistics

February 25, 2014 - Industry News

Report: PHH in Talks to Sell Fleet Business

Photo courtesy of PHH.

PHH Corp. has entered talks to possibly sell its fleet management unit to Element Financial Corp., a financial and fleet management company that has partnered with GE Capital Fleet Services in Canada, reports The Deal Pipeline.

Tags: PHH, Mergers & Acquisitions, Fleet Management, PHH Arval

February 24, 2014 - Industry News

Roadrunner Transportation Makes Another Purchase

Asset-light trucking and logistics services providers Roadrunner Transportation System has announced it has acquired Rich Logistics, a provider of truckload and expedited services based in Little Rock, Ark.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

February 13, 2014 - Industry News

ARI Acquires Online Driver Training Company Drivefleet

The fleet management services company ARI has acquired Drivefleet, an online driver training products and services provider.

Tags: Drivers, Driver Safety, Driver Training, ARI, Drivefleet, Safety & Compliance, Mergers & Acquisitions

February 11, 2014 - Industry News

Northstar Services and J&E Transportation Services Announce Merger

Northstar Services and J&E Transportation Services announce the merger of their two companies, effective Jan. 31.

Tags: Mergers & Acquisitions, J&E Transportation Services, Northstar Services

February 6, 2014 - Industry News

Forward Air Completes Purchase of Central States

Photo: Evan Lockridge

Forward Air announced Thursday that it has compelted its planned acquisition of all of the stock of Central States Trucking and Central States Logistics from Central States Inc. following news that it was making the purchase last month for $95.6 million.

Tags: Fleets, Mergers & Acquisitions, Forward Air

February 5, 2014 - Industry News

USA Truck And Knight Reach Settlement over Proposed Purchase

Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.

Tags: Fleets, USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation

January 27, 2014 - Industry News

XPO Announces Stock Sale, Reveals Preliminary Earnings Report

XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.

Tags: Fleets, Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International

January 23, 2014 - Industry News

Forward Air Purchases Central States Trucking

Photo: Evan Lockridge

The parent to a ground transportation provider in the air cargo industry, Forward Air Corporation, has signed a definitive agreement to acquire all of the stock of Central States Trucking Company and Central States Logistics, from Central States Inc.

Tags: Drivers, Fleets, Mergers & Acquisitions, Forward Air

January 23, 2014 - Industry News

Odyssey Logistics Purchases Two Companies

Supply chain logistics service provider Odyssey Logistics & Technology Corporation, based in Conn., has purchased both CMI Freight-Trans and Steel Wheel Transfer, 25 year-old companies headquartered in Orland Park, Ill.

Tags: Fleets, Mergers & Acquisitions, Odyssey Logistics

January 21, 2014 - Industry News

Chrysler Purchase by Fiat Finalized

Italy’s Fiat, through its wholly owned subsidiary, Fiat North America, has completed its previously announced acquisition of all of the United Auto Workers' employee medical benefit retirement trust interests in the Chrysler Group and is now a wholly-owned subsidiary of Fiat.

Tags: OEM, Fiat, Chrysler, Mergers & Acquisitions

January 17, 2014 - Industry News

The Pete Store Acquires Elliott/Wilson Capital Trucks

The Pete Store announced it has acquired certain assets of Elliott/Wilson Capitol Trucks LLC, a truck dealer with locations in Maryland and Virginia. The acquisition adds a full-service facility in Landover, Md., a parts-only location in Manassas, Va., and territory on the Eastern Shore of Maryland to the dealers’ network.

Tags: Dealers, Mergers & Acquisitions, The Peter Store

January 14, 2014 - Industry News

Rush Enterprises Acquires Assets of Dealership Groups in Illinois and Indiana

Rush Enterprises Inc. announced that its subsidiaries have acquired certain assets of CIT Inc., which does business as Chicago International Trucks, Mcgrenho L.L.C., which does business as Indy Truck Sales, and Indiana Mack Leasing, LLC; and the membership interests of Idealease of Chicago, LLC.

Tags: Rush Enterprises, Mergers & Acquisitions

January 13, 2014 - Industry News

TransForce Purchases Best Drivers

TransForce Inc. has acquired Best Drivers based in Alcoa, Tenn. Best Drivers provides commercial truck drivers throughout the southeastern U.S., with operations in Tennessee, North Carolina, South Carolina, Florida, Georgia, Mississippi, Kentucky, and Alabama.

Tags: Mergers & Acquisitions, TransForce, Drivers

January 6, 2014 - Industry News

Vipar Heavy Duty Announces Acquisition of Power Heavy Duty

Vipar Heavy Duty announced the acquisition of Power Heavy Duty based in Pearland, Texas. As a result of the transaction, Power Heavy Duty will become part of the Vipar Heavy Duty family of companies and continue to serve the marketplace as a separate brand.

Tags: Aftermarket, Vipar, Mergers & Acquisitions

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