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CCJ Top 250
Mergers & Acquisitions: Page 13
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
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
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January 13, 2026
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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