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Mergers & Acquisitions

Business
Margins never realized, UPS turns LTL venture over to another keeper
For a little more than 15 years, UPS attempted to shoehorn a less-than-truckload segment into its parcel delivery monolith. Late last month, it announced it was exiting its UPS Freight business in favor of a new direction.
February 4, 2021
As part of the terms of the deal, the LTL operation under the UPS Freight banner will run independently under existing management, while the truckload division will run under TFI’s truckload group.
Business
Heniff Transportation acquires Superior Bulk Logistics
Two liquid bulk carriers, Superior Bulk Logistics and Heniff Transportation, will combine to create one of the largest bulk carriers in the industry.
December 19, 2019
HeniffTruckCCJ1-2017-09-26-17-59
Business
Kottke Trucking acquires Wayne T. Fellows
Kottke Trucking's acquisition of Wayne T. Fellows will bring 43 truck driving jobs and 22 non-driving jobs to its company and trucking industry. Details on CCJ.
August 2, 2019
Kottke2-2019-08-02-11-49
Business
Cashing out: Cowan Systems buys Carlisle to expand in Northeast
Carlisle Carrier Corporation is a Northeast regional truckload carrier specializing in grocery warehouse and direct store deliveries. More details on CCJ.
July 11, 2019
DSC_2527-Edit-2019-07-12-10-04
Business
KLLM purchases Maverick’s reefer division
KLLM's core business is refrigerated transport and expects about 100 to 150 drivers to transition from Maverick. More information on here on CCJ.
May 24, 2019
KLLM Transport Services announced the largest driver pay increase in the company’s 53-year history.
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Business
Fleetworthy Solutions acquires TivaCloud to expand compliance offerings
The expanded business will serve more than 650 private and for-hire fleets across North America with managed compliance products and services. Details on CCJ.
April 16, 2019
FWS Office Shot-6-greyscale-2019-04-23-12-06
Business
Celadon Group sells its logistics division to TA Services
TA Services, a division of PS Logistics, has officially finalized the acquisition of certain assets of Celadon Logistics. Learn more on the acquisition on CCJ.
April 15, 2019
Celadon’s customer service department
Business
Milan acquires regional fleet J&B Services
Milan Supply Chain Solutions' acquisition of J&B Services fits their culture, offers geographic reach, increases brokerage capacity and expands its driver pool.
October 25, 2018
milan-3-2018-10-25-13-40
Business
Liquid bulk carrier Heniff Transportation acquires Miller Transporters
Heniff Transportation says its mutual customers will have enhanced service offerings that include third party logistics, new ISO/Depot locations and tank wash facilities.
August 7, 2018
HeniffTruckCCJ1-2017-09-26-17-59
Business
Daseke fleet Big Freight System merges with Kelsey Trail Trucking
Big Freight Systems, a Daseke company, last week announced a merger with Kelsey Trail Trucking. Read more about this on Commercial Carrier Journal.
July 11, 2018
28177372027_f107fceee8_k-2018-07-12-08-25
Business
Flatbed conglomerate Daseke acquires 300-truck Aveda Transportation
Daseke, a large holding company for flatbed and specialized fleets, announced Thursday it has acquired the 300-truck Aveda Transportation and Energy Services.
June 22, 2018
Aveda-65-1024×711-2018-06-22-11-08
Business
Capstone Logistics acquires LoadDelivered, Logistical Labs
Capstone is an outsourced supply chain solutions provider to distribution centers in the grocery, foodservice, retail, and other industries.
June 13, 2018
Photo courtesy of LoadDelivered
Business
The art of the deal: fleet execs talk acquisitions at TCA event
At the Truckload Carriers Association conference, fleet executives shared their thoughts on what it takes to successfully close deals. Learn more here on CCJ!
March 27, 2018
(L to R): Roy Cox, Joey Hogan and Don Daseke shared acquisition strategies during the 2018 TCA convention.
Business
Knight-Swift acquires 400-truck Abilene Motor Express
Knight-Swift Transportation Holdings, has acquired Abilene Motor Express, according to documents filed with the Securities and Exchange Commission. Read more!
March 19, 2018
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Business
PS Logistics acquires 225-truck Shelton Trucking
PS Logistics officially announces one of its subsidiaries acquired all assets of a 225-truck flatbed fleet based out of Altha, Florida. More news here on CCJ.
February 2, 2018
Business
Daseke crosses $1B revenue mark with acquisition of three fleets
Following Daseke's acquisition of three more fleets, the company says it will bring its revenues to $1.2 billion for the 2017 year. Get the details here on CCJ.
December 5, 2017
TSH & Co., which includes Tennessee Steel Haulers Inc., Alabama Carriers Inc. and Fleet Movers Inc., operates more than 1,100 trucks under its authority. Combined, TSH is one of the largest flatbed haulers in the region, hauling primarily steel and industrial materials.
Business
Knight-Swift earnings tumble in first quarterly report due to merger-associated fees
Knight-Swift Transportation Holdings' first quarterly report shows a dip in revenue due to merger associated fees. Get details on Commercial Carrier Journal.
November 9, 2017
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Business
Knight, Swift officially merge after approval by shareholders
The two Phoenix-based carriers announced the merger deal. The new company, to be called Knight-Swift Transportation Holdings.
September 8, 2017
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Top Stories
Fleets are using new online platforms to collaborate, even with competitors, to find new markets for unused trailer space and equipment.
Technology
New tech creates 'sharing economy' for fleets
Fleets are using new online platforms to collaborate, even with competitors, to find new markets for unused trailer space and equipment.
Efficient document management and digitization are becoming vital to the survival strategy of motor carriers.
Documentation software
Digitizing paper for trucking success
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The toughest 15 states for lights violations, one of the 2021 Roadcheck emphases
Airflow is continuously handed down the tractor and trailer until it reaches the end, making a systematic approach to aerodynamics important.
Trucks
Pete's refreshed 579 all-in on aero, tech
Goodyear Launches Fleet Central, an Interactive Portal that Revolutionizes
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CCJ Top 250
Get all the info on the top 250 trucking companies in America
View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.
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White Papers
Take Control of Toll: How Violations Work and How to Minimize Fleet Impact
With the rapid adoption of cashless tolling across the country and the associated benefit in transponder deployment for operations and the company’s bottom line, it is now more important than ever for fleets to develop an informed toll management strategy
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