Penske Truck Leasing has reached an agreement to acquire the assets of Rochester, N.Y.-based DeCarolis Truck Rental Inc.
As we near the end of the year there's a flurry of fleet acquisition news, with Werner adding to its final-mile portfolio, Ashley Furniture buying Wilson Logistics, TFI International buying D&D Sexton, and Quantix buying Delaware.
Bridgestone, along with other shareholders, will purchase the Azuga fleet management platform for $391 million.
Uber Freight is acquiring third-party logistics company Transplace for approximately $2.25 billion, saying the move will create one of the leading logistics technology platforms.
Knight-Swift Transportation is getting into the less-than-truckload business with the acquisition of AAA Cooper, diversifying into a part of trucking that is historically less volatile than its traditional truckload business.
SambaSafety's online training will be added to SambaSafety's continuous driver monitoring solution, Qorta, with a new acquisition.
Navistar International Corp.’s stockholders approved the truck maker’s acquisition by Germany-based truck and bus maker Traton.
The Goodyear Tire & Rubber Co. has entered into an agreement to acquire Cooper Tire & Rubber Co. in a deal valued at about $2.8 billion. The transaction is expected to close in the second half of 2021.
UPS is selling its UPS Freight less-than-truckload division to TFI International Inc. for $800 million.
Stellantis, the merger between Fiat Chrysler Automobiles and Groupe PSA, will “embrace electrification, connectivity, autonomous driving, and shared ownership,” the company said.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In