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NFI has completed the acquisition of CAI Logistics, the non-asset logistics division of CAI International, enhancing its brokerage, intermodal, and global freight forwarding capabilities.
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The Motor Wheel Brake Drum and Crewson slack adjuster brands get new life with an announcement of their acquisition from Stemco by Hendrickson.
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TFI International recently purchased the assets of MCT Transportation, a refrigerated and dry van subsidiary of Comcar Industries.
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Intermodal trucking and freight brokerage company Mark-It Express Logistics has acquired the operating assets of Sava Transportation, based in Maywood, Illinois.
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Electrified truck powertrain developer Hyliion Inc. plans to merge with Tortoise Acquisition Corp., an acquisition company that focuses on the energy sector and decarbonizing commercial transportation.
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Electric-truck maker Nikola Motor Co. said it’s ready for the next chapter in its growth, with a March 3 announcement that it’s going public by merging with VectoIQ Acquisition Corp., a publicly traded special purpose acquisition company.
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Wind Point Partners and portfolio company A&R Logistics has announced the acquisition of First Choice Logistics, a bulk liquid transportation and logistics company.
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Trucking and third-party logistics provider Alabama Motor Express is expanding its operations with the acquisition of substantially all of the assets of Powell Transport Solutions, which specializes in refrigerated freight.
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In a long-speculated move, Volkswagen's global truck and bus subsidiary, Traton, has made an unsolicited bid to acquire the rest of Navistar for $35 a share.
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Bendix is buying commercial steering supplier R.H. Sheppard from Wabco, a move that adds to its position as a maker of integrated steering and braking systems, which are the basis for highly automated driving and advanced driver assistance systems.
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