United Petroleum Transports is in the process of acquiring Patriot Transportation Holding and its subsidiary Florida Rock & Tank Lines.
Volvo Group is paying $210 million to buy the Proterra Powered business unit, which has provided battery technology, drivetrains, vehicle electrification and e-mobility technology to vehicle makers. as part Proterra's Chapter 11 bankruptcy proceedings.
Commercial truck and trailer parts provider ConMet acquired TruckLabs, the company that created TruckWings, an aerodynamic device that attaches to truck cabs and deploys to close the gap between truck and trailer. TruckLabs now operates as a subsidiary of ConMet.
Canada-based Trimac Transportation has acquired Doyle Sims & Sons Trucking along with its brokerage operations, Sims & Sons.
Online Transport, an Indianapolis logistics and truckload company, has purchased A/T Transportation and Automated Logistics, based in Ferdinand, Indiana.
Fultra, the parent company of Fruehauf, has acquired East Manufacturing, expanding Fultra's trailer footprint in North America after returning Fruehauf to production in the United States last year.
Schneider National's acquisition of New England-based M&M Transport Services increases its dedicated business.
Transport and logistics company Geodis has acquired Southern Companies, a drayage provider that handles all phases of the import and export process. Geodis said the acquisition enhances its end-to-end supply chain capabilities across the U.S.
Mitsubishi Fuso and Hino will merge under a new deal struck by the two companies and their parent corporations, Daimler Truck and Toyota Motor Corp., respectively. The goal? Accelerate the development of advanced technologies such as zero-emissions and connected vehicles.
Embark's test fleet of autonomous trucks will be coming off the road as the company is acquired by Applied Intuition, which provides software and tooling for autonomous vehicle development.
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