XPO Logistics Inc. has landed on the Fortune Future 50 list of U.S. public companies determined by the business magazine as having the best prospects for long-term growth.
New York-based Greenbriar Equity Group has acquired Spireon, Inc. from Bertram Capital, a San Mateo-based equity firm that has presided over the expansion of the telematics provider.
Bendix has acquired the ProSteering steering component remanfuacturer brand from JM Engineered Products, a move that could eventually contribute to advanced driver assistance systems.
Stertil-Koni has expanded its network of distributors with the addition of Garage Equipment Solutions (GES), which specializes in vehicle equipment and service to customers in eastern New York State, Vermont, western Massachusetts, and western Connecticut.
Leavitt’s Freight Service, a specialty carrier of utility poles and engineered wood products, has merged with Daseke-affiliated Central Oregon Truck Company.
Daseke announced the acquisition of Builders Transportation Co., a Memphis-based carrier of steel, aluminum, and metal products.
Help Inc., provider of the PrePass weigh station bypass and other truck safety and toll payment technologies, has entered into a strategic partnership with the infrastructure investment firm Alinda Capital Partners.
Dayton, Ohio-based Jet Express has been sold to Martin Transportation Systems of Byron Center, Michigan. HDT talked to Jet Express President Kevin Burch about the sale.
Penske Logistics has signed an agreement to purchase Greensboro, North Carolina-based Epes Transport System.
Hyliion has acquired the battery division of vehicle electrification company Gentherm and announced strategic partnerships with both Toshiba and Dana.