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XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.
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Third-party transportation and logistics providers Sunteck Transport Group and TTS Holdings have merged to create a single $1 billion dollar company.
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The Continental Corporation has acquired a majority stake in Zonar Systems, a company specializing in fleet management solutions for commercial vehicles.
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WL Byers and Southern Pines announced that the two trucking companies will combine in an equal partnership under the Southern Pines name offering services in the U.S., Canada and Mexico.
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CRST International has purchased the privately held, Calif.-based Gardner Trucking in the largest acquisition in CRST’s history.
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Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.
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Uber is upping its efforts to expand from the ride-sharing market to commercial freight movement by acquiring Otto, the technology startup that’s developing an aftermarket version of autonomous technology for Class 8 trucks.
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Kottke Trucking has purchased Walbon & Company’s over-the-road operations, including Walbon’s routes, trucks, trailers and Wildwood, Fla.- based terminal.
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Omni Holdings’ offshoot Omni Specialized will be in full operation after it acquired the flatbed assets of Tennant Truck Lines, the company announced.
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Compressed natural gas fuel systems maker Quantum Fuel Systems Technologies has been acquired by Douglas Acquisitions, a Northern California-based private equity firm.
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