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mergers

Top 250 acquisition: Central Freight plans to purchase Wilson Trucking

Central Freight President and CEO Don Orr says the acquisition will allow the company to expand further into the Southeastern U.S., where Wilson primarily operates.

Daseke announces plans to go public via $626 million merger

The Addison, Texas-based flatbed and specialized carrier will receive $626 million in newly issued Hennessy shares. Hennessy, already a publicly traded company, will change its name to Daseke, Inc., and ...

Maverick USA acquires 25-truck boat hauling fleet

Through the purchase, Maverick acquired all of MTI's assets, including approximately 25 tractors and 80 trailers.

XPO sells truckload business to TransForce a year after acquiring Con-way

XPO Logistics (No. 3 in the CCJ Top 250) announced it has sold its truckload business --the bulk of which came via a October 2015 acquisition of Con-way -- to ...

Continental acquires Zonar; DTNA to retain minority stake

Established in 2001, Zonar pioneered what it calls “smart fleet telematics” in markets that include commercial trucking, vocational and passenger fleets.
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Schneider acquires two companies to expand final-mile delivery

Schneider (No. 8 on the CCJ Top 250) has announced it is expanding its final-mile delivery service with the acquisitions of trucking company Watkins & Shepard (No. 126) and logistics ...

FedEx finalizes $4.4 billion deal to acquire European carrier TNT Express

The May 25 purchase settlement concludes FedEx’s acquisition of 88.4 percent of TNT’s shares, purchased at 8 Euros each, about $9 a share, for an aggregate value of 3.879 billion ...

ABF Logistics acquires brokerage firm Bear Transportation Services

ABF Logistics announced Dec. 1 it has acquired Bear Transportation Services, a private, non-asset truckload brokerage firm located in Plano, Texas.

FTC approves FedEx’s $4.8 billion acquisition of European TNT Express

FedEx Corp’s proposed $4.8 billion acquisition of European-based TNT Express was approved Nov. 23 by the Federal Trade Commission.

XPO’s $3 billion acquisition of Con-way complete, all Con-way operations to be rebranded XPO

XPO Logistics’ $3 billion acquisition of Con-way was made official Friday, Oct. 30, making XPO the second largest less-than-truckload company in North America.

SkyBitz acquires SmartLogix

SkyBitz, a provider of remote asset tracking and information management systems, has acquired SmartLogix, a provider of petroleum management, inventory and transportation logistics systems. SmartLogix, headquartered in Fort Mill, S.C., has ...

Celadon buys Tango Transport equipment, 80 Tango workers to be laid off

The Celadon Group (No. 35 in the CCJ Top 250) last week announced its subsidiary Celadon Trucking has purchased certain equipment-based assets of truckload carrier Tango Transport (No. 112 in ...

Daseke announces merger with Alabama-based Hornady Transportation

Daseke announced this week its second merger in a month.

Bulldog Hiway Express merges with Daseke family of carriers

Daseke Inc. has announced Bulldog Hiway Express is merging with the Daseke family of flatbed, open-deck and specialty carriers.