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CCJ Top 250
Mergers & Acquisitions: Page 15
Business
Carrier conglomerate XPO says it’s eying new acquisitions
XPO Logistics, says it’s eyeing acquisition targets in North America and Europe, according to a Wall Street Journal. Read more about this here.
June 26, 2017
Business
XPO completes rebranding effort following Con-way acquisition
XPO Logistics says its rebranding efforts following the Con-way acquisition are officially finished. Get more fleet industry news on Commercial Carrier Journal!
May 10, 2017
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Business
FTC stamps approval on Knight-Swift merger
The Federal Trade Commission gives a thumbs-up to Swift Transportation and Knight Transportation to continue their merger as planned. Get more news here on CCJ!
May 3, 2017
Business
Merger of Swift, Knight meant to boost profits while maintaining two separate carriers
New company to be named Knight-Swift. The goal is to increase Swift’s efficiency and profitability by bringing Knight’s management style to the truckload giant.
April 19, 2017
Business
Carrier giants Swift, Knight to merge
Swift Transportation and Knight Transportation announced that they will merge later this year. What could this mean for the trucking industry as we know it?
April 10, 2017
Business
Top 250 acquisition: Central Freight plans to purchase Wilson Trucking
Central Freight Lines, a less-than-truckload carrier, announced it intends to buy certain assets of Wilson Trucking. Read more on Commercial Carrier Journal.
February 23, 2017
Business
Daseke announces plans to go public via $626 million merger
Daseke has entered into a merger deal with investment firm Hennessy Capital and will become a publicly traded company.
January 3, 2017
Business
Maverick USA acquires 25-truck boat hauling fleet
The company purchased 25-truck boat hauling fleet Marine Transport Inc. Read details on this at Commercial Carrier Journal.
January 3, 2017
Business
XPO sells truckload business to TransForce a year after acquiring Con-way
XPO Logistics (No. 3 in the CCJ Top 250) announced it has sold its truckload business –the bulk of which came via a October 2015 acquisition of Con-way — to TransForce Inc. (No. 7 in the CCJ Top 250) for approximately $558 million in cash, subject to customary adjustments
October 27, 2016
Business
Continental acquires Zonar; DTNA to retain minority stake
Established in 2001, Zonar pioneered what it calls “smart fleet telematics” in markets that include commercial trucking, vocational and passenger fleets.
October 6, 2016
Business
Schneider acquires two companies to expand final-mile delivery
Schneider (No. 8 on the CCJ Top 250) has announced it is expanding its final-mile delivery service with the acquisitions of trucking company Watkins & Shepard (No. 126) and logistics technology provider Lodeso.
June 2, 2016
Business
FedEx finalizes $4.4 billion deal to acquire European carrier TNT Express
The May 25 purchase settlement concludes FedEx’s acquisition of 88.4 percent of TNT’s shares, purchased at 8 Euros each, about $9 a share, for an aggregate value of 3.879 billion Euros, or about $4.4 billion.
May 25, 2016
Business
ABF Logistics acquires brokerage firm Bear Transportation Services
ABF Logistics announced Dec. 1 it has acquired Bear Transportation Services, a private, non-asset truckload brokerage firm located in Plano, Texas.
December 2, 2015
Business
FTC approves FedEx’s $4.8 billion acquisition of European TNT Express
FedEx Corp’s proposed $4.8 billion acquisition of European-based TNT Express was approved Nov. 23 by the Federal Trade Commission.
November 30, 2015
Business
XPO’s $3 billion acquisition of Con-way complete, all Con-way operations to be rebranded XPO
XPO Logistics’ $3 billion acquisition of Con-way was made official Friday, Oct. 30, making XPO the second largest less-than-truckload company in North America.
November 2, 2015
Business
SkyBitz acquires SmartLogix
SkyBitz, a provider of remote asset tracking and information management systems, has acquired SmartLogix, a provider of petroleum management, inventory and transportation logistics systems. SmartLogix, headquartered in Fort Mill, S.C., has been a long time partner of Telular, the parent company of SkyBitz, as well as an exclusive provider of Telular’s tank monitoring applications in the petroleum […]
October 6, 2015
Business
Celadon buys Tango Transport equipment, 80 Tango workers to be laid off
The Celadon Group (No. 35 in the CCJ Top 250) last week announced its subsidiary Celadon Trucking has purchased certain equipment-based assets of truckload carrier Tango Transport (No. 112 in the CCJ Top 250). The terms of the deal were not disclosed.
October 5, 2015
Business
Con-way bought by XPO Logistics for $3 billion, will be rebranded as XPO
The $3 billion deal has been agreed, and all of the divisions under Con-way, which include Con-way Freight, Menlo Logistics, Con-way Truckload and Con-way Multimodal, will be rebranded as XPO Logistics.
September 10, 2015
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