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Mergers & Acquisitions: Page 12

Business
Greenville, South Carolina-based Dedicated Transport Solutions acquired
The acquisition of DTS expands Ascend's dedicated contract carriage business and further broadens the company’s coverage of the southeastern seaboard in North Carolina, South Carolina, Georgia, Florida, and into Louisiana, Texas and Ohio.
January 25, 2022
Dedicated Transportation Solutions truck
Business
EHS Trucking acquired by RoadOne
EHS is a full-service trucking company serving the Great Lakes Region with a fleet of 170 tractors, 200 drivers and independent contractors. Also: Fuel prices back on the rise; Sandeep Kar joins Noregon; Love's plans to add 3k truck parking spaces.
January 12, 2022
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Business
Milan Supply Chain Solutions acquired, UPS & Amazon expat to lead new company
The new Atlanta-based consolidated carrier will focus on the regional middle-mile market in retail, consumer goods, packaging and industrial supply sectors across the South, Midwest and Mid-Atlantic regions.
January 10, 2022
ascend semi-truck
Business
Christenson Transportation acquires Sharp Transport
Strafford, Missouri-based Christenson Transportation has acquired Sharp Transport Inc., a family-owned carrier headquartered in Ethridge, Tennessee.
January 10, 2022
Christenson Transport semi
Business
Wilson Logistics sells its western division to furniture retailer
Parts of the 1,200-truck fleet based in Springfield, Missouri, will add to Ashley Furniture's brokerage and distribution services in the western U.S.
January 5, 2022
Wilson Logistics truck
Business
Schneider acquires Top 250 dedicated truckload fleet
Ohio-based Midwest Logistics Systems, which operates 900 tractors, will run as an independent subsidiary of Schneider under the MLS name.
January 4, 2022
Midwest Truck
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
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
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Page 12 of 17
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Top Stories
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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."
Adobe Stock 399142098
Regulations
Congress passes reforms for military freight carriers
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Economic trends
Plummeting truck orders could flip the freight market by 2027, FTR says
Adobe Stock 305392012
Growth strategies
Shorter leases gaining ground with carriers
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Mergers & Acquisitions
Heartland Express will integrate and rebrand CFI U.S. operations by year-end
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