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CCJ Top 250
Mergers & Acquisitions: Page 12
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
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
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July 7, 2025
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
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
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
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
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
Mergers & Acquisitions
CCJ Top 250 carrier makes acquisition
The Dubuque, Iowa-based temperature-controlled carrier has a current driver/operator base of 2,200 and that is expected to exceed 2,400 after completing integration with Lessors.
June 23, 2021
Mergers & Acquisitions
CSX set to acquire Quality Carriers
Quality Carriers operates a bulk tank trucking fleet with around 2,500 drivers and more than 100 company-owned and affiliate terminals and facilities.
May 13, 2021
Business
New ATA board intends to bridge gap between trucking, law enforcement
ATA launched a new Law Enforcement Advisory Board to help bolster the relationship between the trucking industry and law enforcement. Also, a CCJ Top 250 fleet announced an acquisition; and J.B. Hunt's load board is now integrated with a popular app.
March 26, 2021
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
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
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
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
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
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
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
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
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