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Moving into new markets makes good business sense right now. But expansion could cause fleets to neglect their core competencies something even successful companies like Apple and Amazon have trouble with. Blog commentary by Senior Editor Jack Roberts.
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The senior management team of Premium Transportation Logistics has acquired PTL from parent company Magnate Worldwide.
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A&R Logistics has acquired Blue Water Plastic Transport, a St. Clair, Michigan-based specialty bulk transportation and logistics services carrier for the plastics industry.
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Logistics synergies is one of the reasons Performance Food Group Company has agreed to buy rival Reinhart Foodservice from Reyes Holdings in a deal estimated to be worth $2 billion.
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Truck-Lite has completed the acquisition of TrackPoint Systems, a supplier of asset management solutions for the transportation industry.
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Volkswagen's new global truck and bus business unit Traton and Navistar both announced major business initiatives with long-term implications. Are these moves setting the stage for something even bigger coming down the pike?
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Houston-based carrier Jetco has been acquired by Canadian company GTI Transport Solutions, helping to expand its presence in the U.S.
Read More →Chicago-based private equity firm Wind Point Partners has acquired A& R Logistics, one of the largest providers of integrated dry bulk logistics solutions for the chemical and plastic industries in North America.
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Estes Express Lines has bid $15 million to acquire assets of the Eastern Freight Ways and Carrier Industries divisions of the bankrupt carrier New England Motor Freight.
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Canadian motor carrier Bison Transport has acquired all of the assets of the container on flat car intermodal operations of Celadon Group.
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