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Mergers & Acquisitions: Page 12

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
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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
Mergers & Acquisitions
Uber Freight to acquire 3PL Transplace for $2.25B
The companies said the buyout will give carriers the ability to work directly with shippers and access high-quality freight across multiple service lines, including intermodal, cross-border and LTL.
July 22, 2021
apps on an iPhone
Mergers & Acquisitions
Paschall Truck Lines parent acquires Missouri carrier
TDC will retain its name and current management team, and will operate autonomously under the IPS umbrella.
July 22, 2021
fleet of TDC trucks
Workforce
Paper Transport gets cash infusion from investment firm
Sam Zell, named one of Forbes' 100 Greatest Living Business Minds, took a stake in Paper Transport. Also: NexGen trucking association partners with schools to provide CDL, diesel tech programs for young adults in three states. Benore launches EV fleet.
July 21, 2021
Ccj 2019 Freightliner Row Of Trucks At Hq 2019 12 16 17 57
Mergers & Acquisitions
Knight-Swift acquisition of AAA Cooper part of 'an ongoing evolution' of industry's largest players
Knight-Swift lured to the LTL segment by less volatility and its strategic importance to e-commerce.
July 7, 2021
AAA Cooper truck
Mergers & Acquisitions
Knight-Swift spends more than $1B to buy AAA Cooper, enter LTL space
The billion-plus dollar deal creates a company that collectively will feature leased or owned assets that number 20,000 tractors, nearly 75,000 trailers, and a driver force of more than 22,000.
July 6, 2021
Knight Swift
Mergers & Acquisitions
Werner acquires 80% stake in 500-truck regional fleet
The acquisition of ECM Transport Group will expand Werner's footprint in the Mid-Atlantic, Ohio and Northeast regions while expanding its fleet size by more than 6%.
July 2, 2021
Werner Enterprises has acquired an 80% equity ownership stake in ECM Transport Group.
Companies
Regulators give final ok to Navistar, Traton merger
Long-awaited Navistar buyout clears its final hurdle. Also: FMCSA finalizes delay of driver training rule until Feb. 2022; Penske Customer kicks off eCascadia test; One of Canada's largest logistics providers eyes expansion into the U.S. via acquisition.
July 1, 2021
Traton Group Pm
Previous Page
Page 12 of 16
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Top Stories
Yellow Union Pacific locomotive 7205 on railway tracks with mountains in background
Business
Knight-Swift backs rail mega merger
A proposed merger between Union Pacific and Norfolk Southern is gaining powerful trucking allies.
Cyberimage
Cybersecurity
NMFTA warns of Chinese components in trucking technology
Headquartered in Ohio, Kandel Transport Inc. is a regional carrier specializing in temperature-controlled food transport.
Business
Kandel Transport acquired by Nagle Companies
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Business
Marten Transport CEO stepping down, Randy Marten to return
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CCJ Top 250
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