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Mergers & Acquisitions

Optronics Acquires USA Harness

Optronics International has completed its acquisition of Texas-based USA Harness Inc., a manufacturer of trailer harnesses and electronic control systems.

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XPO Looking to Sell or Spin Off Some of its Business

After several years of building a logistics giant through rapid-fire acquisitions, XPO Logistics now says it’s looking into the possible sale or spin-off of one or more business units – anything but the core less-than-truckload business – as part of a “review of strategic alternatives.”

J.B. Hunt Acquires RDI Last Mile

J.B. Hunt is strengthening its presence in the large household goods last-mile marketplace with the acquisition of RDI Last Mile, a home delivery fleet that specializes in big, bulky household products in the Northeast.

Les Schwab Tire Centers For Sale

Les Schwab Tire Centers Inc. is for sale. The Bend, Oregon-based company’s board of directors and its shareholders, who are all relatives of founder Les Schwab, have hired Goldman Sachs Group Inc. to find a buyer.

Transportation Insights Buys FreightPros Brokerage

FreightPros will initially operate within Transportation Insight’s holding company, Transportation Insight Holdings, and over time will be integrated with its Nolan Transportation Group brokerage business unit.

Spiffy Acquires Mobile Oil Change Provider

On-demand vehicle detailer Get Spiffy has acquired Your Location Lubrication (YLL), which provides mobile oil changes to technicians and fleet managers, the company announced.

Purkeys Acquired by Mission Critical Electronics

Electric power solutions company Purkeys Fleet Electric has been acquired by Mission Critical Electronics which designs manufactures and distributes electronic power products for a variety of applications including commercial vehicles.