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The combined company will be one of the largest third-party logistics service providers in North America.
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The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.
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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.
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The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.
Read More →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.
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Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.
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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.
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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.
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Fleets of trucks are bought and sold every day. Some are small fleets that involve only a few trucks. Others are major transactions that transfer ownership of hundreds of trucks valued at millions of dollars. Have you ever wondered what it is like to be a buyer or a seller?
Read More →The fleet management services company ARI has acquired Drivefleet, an online driver training products and services provider.
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