Electric-truck maker Nikola Motor Co. said it’s ready for the next chapter in its growth, with a March 3 announcement that it’s going public by merging with VectoIQ Acquisition Corp., a publicly traded special purpose acquisition company.
Wind Point Partners and portfolio company A&R Logistics has announced the acquisition of First Choice Logistics, a bulk liquid transportation and logistics company.
Trucking and third-party logistics provider Alabama Motor Express is expanding its operations with the acquisition of substantially all of the assets of Powell Transport Solutions, which specializes in refrigerated freight.
Spartan Motors Inc. announced the sale of its Emergency Response segment to REV Group Inc. The sale is intended to help Spartan focus on its commercial, fleet, delivery, and specialty vehicles markets.
In a long-speculated move, Volkswagen's global truck and bus subsidiary, Traton, has made an unsolicited bid to acquire the rest of Navistar for $35 a share.
Bendix is buying commercial steering supplier R.H. Sheppard from Wabco, a move that adds to its position as a maker of integrated steering and braking systems, which are the basis for highly automated driving and advanced driver assistance systems.
Roadrunner Transportation Systems is selling its Prime Distribution Services business to C.H. Robinson Worldwide.
BorgWarner said its acquisition of Delphi will create “a leader in electrified propulsion systems."
GPS Insight has acquired Chicago-based ServiceBridge, a field service management software company for small businesses and franchises.
The acquisition of Chicago-based Spirit Trucking gives Mark-It Express a combined total of 175 trucks, giving it more capacity and enhancing its hauling and brokerage services.