One of the largest asset-based truckload fleets in North America, Knight-Swift Transportation, is buying U.S. Xpress for approximately $808 million.
Cummins-Meritor finalized its acquisition last August, and company officials say the move allows accelerated electric powertrain development and will enhance other offerings.
G&W Tanks provides ISO tank transportation, tank repair, and tank storage depot, wash and loading services.
Knight-Swift acquired RAC MME Holdings and its subsidiaries, which operate under the brand names of Midwest Motor Express and Midnite Express.
Werner Enterprises has acquired an 80% equity ownership stake in ECM Transport Group, which expands Werner’s footprint in the Mid-Atlantic, Ohio and Northeast regions.
Yet another indicator of the upswing in trucking mergers and acquisitions is word that Forward Air Corporation has announced its wholly owned subsidiary, Central States Trucking Co., will buy substantially all of the assets of Atlantic Trucking Co., a Charleston, S.C.-based privately held provider of intermodal and drayage services.
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