TFI International recently purchased the assets of MCT Transportation, a refrigerated and dry van subsidiary of Comcar Industries.
Intermodal trucking and freight brokerage company Mark-It Express Logistics has acquired the operating assets of Sava Transportation, based in Maywood, Illinois.
Electrified truck powertrain developer Hyliion Inc. plans to merge with Tortoise Acquisition Corp., an acquisition company that focuses on the energy sector and decarbonizing commercial transportation.
Neste, one of the world’s leading producers of renewable fuels, has announced the closing of its acquisition of its largest single investment in the U.S. to date.
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.