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Mergers & Acquisitions: Page 11

Business
Bison acquires Hartt Transport, boosts cross-border operation
Hartt, one of the largest truckload carriers based in the Northeast, will strengthen Bison's cross-border operations.
January 3, 2022
Effective Dec. 31, Bison Transport acquired Hartt Transportation Systems, Inc.
Business
Ryder acquiring e-commerce, omnichannel fulfillment provider
With the expanded footprint following the acquisition, Ryder’s e-commerce and omnichannel fulfillment solution is expected to be able to deliver to 100% of the U.S. within two days and 60% of the U.S. within one day.
December 13, 2021
Robots in a warehouse
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The new Volvo Trucks configurator
Business
Knight-Swift spends $150M to grow its LTL network
MME's regional footprint complements Knight-Swift's southeastern and midwestern LTL presence alongside its AAA Cooper Transportation brand, which together cover over half the U.S.
December 6, 2021
Midwest Motor Express semi
Business
Werner boosts final mile business via acquisition, TFI adds reefer capacity
In the deal, TFI picked up more than 150 company drivers and owner operators, more than 120 tractors and nearly 400 refrigerated and dry van trailers.
November 29, 2021
D&D Sexton truck
Business
PS Logistics picks up another Alabama-based fleet
Since 2014, PS Logistics has acquired and integrated 23 trucking and logistics operations, including six this year and two this month.
November 16, 2021
JLT trucks parked
Business
PS Logistics makes fifth acquisition this year, picks up Oklahoma flatbedder
The combination of Starke, Florida-based DMT Trucking and Daryl Thomason Trucking provides PS Logistics with 108 trucks, 167 53-foot flatbed trailers, and additional terminals in Oklahoma and Arkansas.
November 10, 2021
DMT semi-truck on a construction job site
Business
Forward Air acquires intermodal carrier, expands drayage capability
The transaction quadruples Forward Air's total number of drivers in the Minneapolis Intermodal market.
November 3, 2021
Forward Air semi on a bridge
Business
Ryder acquiring Midwest Warehouse & Distribution System and its private fleet
Acquisition allows Ryder to add multi-client warehousing and distribution capabilities to its business.
October 27, 2021
Ryder loading truck
Business
Hub Group acquires Choptank Transport, enters over-the-road transport business
The acquisition enhances Hub’s over-the-road refrigerated transportation solutions offering.
October 20, 2021
hub group truck
Business
Cross-border parcel service carrier General Logistics Systems acquires Rosenau Transport
GLS expands its service in Canada significantly and aims to play a significant role as a national logistics provider for parcels, LTL, FTL and customers brokerage with U.S. reach.
October 8, 2021
Rick Barnes, president of GLS Canada, said linking the two regional carrier networks together (with direct service to most cities and towns in the country) will produce 'one of the most integrated transportation systems in Canada.'
Business
Boyle Transportation acquired by healthcare supply chain management firm
Boyle Transportation, who just last week was named one of the Truckload Carriers Association's Best Fleets to Drive For for the second consecutive year, joins a Toronto-based healthcare supply chain specialist.
October 5, 2021
Boyle Transportation truck
Business
Cheema Freightlines acquires Montana-based 3PL
Cheema Freightlines and Cheema Logistics Founder and CEO Harman Cheema said he expects the acquisition to further bolster Cheema’s footprint in the logistics market.
October 5, 2021
Cheema Freightliner
Mergers & Acquisitions
How to avoid driver turnover in M&A proceedings
"Information breeds confidence and silence breeds fear." When drivers don't know what's going on with the sale of the company, they're likely to assume the worst. Here's how to find solid partners for M&A and how to make sure it's a happy marriage.
September 28, 2021
Speeding Truck
Technology
project44 acquiring last-mile delivery and Customer Experience company, Convey
With Convey, project44 now connects more than 880 global shippers and third-party logistics providers with a network of 113,000 carriers, 2.6 million assets and more than 9 billion last-mile shipment events.
September 21, 2021
Truck on a bridge
Mergers & Acquisitions
PS Logistics continues expansion with brokerage acquisition
PS Logistics' 3PL division TA Services has acquired a Canadian perishable goods broker. Also: Electric truck manufacturer Xos going public after merger; Cowan launches incentive program for new regional drivers.
August 20, 2021
Ta Services
Mergers & Acquisitions
Top 250 Alabama flatbedder acquires Patriot Transit
Patriot maintains a fleet of 75 drivers and the acquisition will provide Patriot and its customers with additional capacity.
August 4, 2021
PS Logistics trucks in a parking lot
Mergers & Acquisitions
National Truck Underwriting Managers acquired by specialty insurance distributor
NTUM focuses on accounts of up to 300 power units. Also: Xos clears hurdle on its way to the NASDAQ; Texas-based frac sand hauler Detmar Logistics reserves 300 Hyliion Hypertruck ERX Class 8 semi-trucks.
August 3, 2021
A Hino truck powered by Xos
Business
Trimac Transportation acquires 3PL business
This is a key M&A milestone for Trimac, as the company branches out beyond its Bulk Plus Logistics brokerage division and asset-based bulk and specialized transportation businesses.
July 28, 2021
trimac semi
Previous Page
Page 11 of 15
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Top Stories
Getty Images 1339294763
Economic trends
Truckload market recovery slows amid freight volatility
Excess capacity, soft demand and shifting trade dynamics are keeping growth uneven, despite the truckload market showing signs of improvement.
Img 7453
Alternative power
Trump’s emissions rollback: What motor carriers & private fleets must know
Adobe Stock 432238938
Economic trends
Trucking industry faces mixed signals as tariffs, soft freight, and surplus trucks cloud outlook
The Tesla electric Semi logged 4,494 miles, averaging 321 miles per day with an overall energy efficiency of 1.55 kWh per mile over a three-week test with ABF Freight.
Alternative power
ABF Freight: Tesla Semi 'generally matched' diesel trucks in 3-week pilot
Adobe Stock 1162594155
Workforce
Unique requirements for hiring truck drivers
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.
Get the free report
White Papers
In House or Outsourced Maintenance
The decision between bringing fleet maintenance in-house versus outsourcing is a pivotal one that could significantly affect your operations.
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