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Phillips Connect Technologies has acquired Connected Holdings, a company that has been developing PCT's upcoming TrailerNet trailer telematics platform.
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I.D. Systems has acquired the telematics provider CarrierWeb, integrating the company's technology solutions into its own to offer a fully-integrated platform for fleets.
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SAF-Holland has acquired a majority stake in the automatic tire pressure management specialist PressureGuard in a move to strengthen its tire pressure systems product portfolio.
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J.B. Hunt will acquire Cory 1st Choice Home Delivery for $100 million, as part of a strategic investment in its final-mile delivery services business.
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As part of its continuing expansion into third-party logistics, truckload and logistics company CFI is taking over the operations of sister company Optimal Freight.
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Private equity firm American Securities has partnered with management and acquired independent aftermarket parts distributor FleetPride from TPG Capital.
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Bobit Business Media has been acquired by Gemspring Capital, a middle-market private equity firm. Bobit, which bought HDT in 2012, was founded by Ed Bobit in 1961 with Automotive Fleet and today is a successful business-to-business media company in the fleet, transportation, beauty, and law enforcement industries.
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Groendyke Transport is buying the tank truck assets of McKenzie Tank Lines, a deal Groendyke says is the largest acquisition in its history and significantly expands its presence in the Southeast.
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USA Truck Inc., Van Buren, Arkansas, has acquired privately held Davis Transfer Company of Carnesville, Georgia.
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XPO Logistics Inc. has landed on the Fortune Future 50 list of U.S. public companies determined by the business magazine as having the best prospects for long-term growth.
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