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CCJ Top 250
Mergers & Acquisitions: Page 10
Business
Heartland Express acquiring CFI's non-dedicated dry van and temp-controlled truckload business
At the close of the transaction, Heartland Express will be the eighth largest truckload fleet and third largest irregular route, asset-based truckload carrier in the U.S.
August 22, 2022
Business
Tesla boss says Semi deliveries will commence this year
Elon Musk says that deliveries of Tesla's electric Semi will begin this year. Also: HHG moving company employee sentenced for defrauding the United States.
August 11, 2022
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February 19, 2025
Business
PS Logistics acquires Alabama flatbedder
PS Logistics' 26th acquisition since 2014 positions the company as one of the largest 53-foot lightweight flatbed carriers in the country with more than 400 power units and 1,000 trailers.
August 10, 2022
Business
Cummins closes $3.7B deal for Meritor
Cummins will onboard Meritor’s people, products and capabilities in axle and brake technology into its components business. Also: Fastfrate completes Challenger Group acquisition; FMCSA grants target recruiting veterans; HHG mover sentenced for fraud.
August 4, 2022
Business
Kam-Way Transportation acquiring Produce Supply Express
PSE will continue to operate under its current management with the Kam-Way Transportation leadership team providing additional support.
August 3, 2022
Business
A.N. Webber acquires flatbed brokerage
Hicks Co., a force in the west-coast flatbed brokerage market for 40 years, will continue to operate under its own name and authority until the end of the year.
August 2, 2022
Business
Mergers and acquisitions changing the landscape of the country's largest carriers
More than 8% of CCJ's Top 250 for-hire carriers have been involved in a merger or acquisition this year.
July 25, 2022
Business
PITT OHIO adds New York LTL service via acquisition
PITT OHIO acquiring longtime New York LTL partner Teal’s Express.
July 19, 2022
Business
Ward Transport and Logistics acquiring Quality Cartage
Ward Transport and Logistics books the ninth acquisition among CCJ's Top 250 for-hire carriers in less than two months.
July 18, 2022
Business
KLLM acquires 200-truck reefer fleet
The CCJ Top 250 carrier acquired Cartersville, Georgia-based Quest Global. Also: Nomination period for "Transition Trucking" military vet rookie trucker award open through end of July; Fontaine Heavy-Haul rebranding as Fontaine Specialized.
July 18, 2022
Mergers & Acquisitions
PrePass Safety Alliance acquires CVO Holding Co.
CVO, which was involved in the 1993 launch of the PrePass weigh station bypass, will operate as a separate but wholly owned subsidiary of PrePass.
July 12, 2022
Business
Connors Transfer acquired by Shoreland Transport
Shoreland has terminals in St. George, New Brunswick and Suffolk, Virginia, and operates a fleet of 115 trucks and 217 trailers with routes across Canada and throughout the United States.
July 11, 2022
Business
Universe Trucking acquired by Greater Omaha Express
The acquisition, set to be finalized next week, will increase the size of the Greater Omaha Express fleet by 20%.
July 6, 2022
Business
Kenan Advantage Group acquires Louisiana petrochem company
KAG Logistics picking up American PetroLog is the seventh acquisition this month among CCJ's Top 250 for-hire fleets.
June 27, 2022
Business
USA Truck acquired by DB Schenker
The $435 million deal immediately gives DB Schenker rich access to the U.S. freight market.
June 24, 2022
Business
Investment groups buy majority stake in Freymiller
Two investment groups targeted Freymiller for its temp-controlled trucking, logistics brokerage and intermodal transportation services.
June 22, 2022
Business
Challenger Motor Freight acquired by Fastfrate
In Challenger Motor Freight, Fastfrate adds cross-border trucking capabilities to its business.
June 16, 2022
Business
PAM Transportation makes first acquisition in nearly 20 years
PAM Transportation spent $77.4 million to acquire New York City-based Metropolitan Trucking – now "the Northeast regional face for PAM."
June 15, 2022
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Top Stories
Safety & Compliance
Marijuana rescheduling won't affect DOT drug testing rules, agency says
Despite marijuana's reclassification to a Schedule III drug, DOT told CCJ that "safety-sensitive positions will still be barred from ingesting the drug."
Regulations
Congress passes reforms for military freight carriers
Economic trends
Plummeting truck orders could flip the freight market by 2027, FTR says
Growth strategies
Shorter leases gaining ground with carriers
Mergers & Acquisitions
Heartland Express will integrate and rebrand CFI U.S. operations by year-end
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