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CCJ Top 250
Mergers & Acquisitions: Page 16
Business
Daseke announces merger with Alabama-based Hornady Transportation
Daseke announced this week its second merger in a month.
August 10, 2015
Business
Bulldog Hiway Express merges with Daseke family of carriers
Daseke Inc. has announced Bulldog Hiway Express is merging with the Daseke family of flatbed, open-deck and specialty carriers.
July 1, 2015
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Business
Sysco terminates merger agreement with U.S. Foods
Sysco Corporation has announced it has terminated its merger agreement with U.S. Foods after a U.S. District Court temporarily blocked the merger last week.
June 29, 2015
Business
Court issues preliminary order blocking Sysco-U.S. Foods merger
A U.S. District Court granted the Federal Trade Commission’s request for a preliminary injunction in the proposed merger of Sysco Corp. and U.S. Foods, at least temporarily blocking the merger between the two private fleets.
June 25, 2015
Business
Regulators trying to block merger of two major private fleets over trust concerns
State attorney generals have joined the Federal Trade Commission’s effort to block a merger between Sysco Corp. and U.S. Foods Inc. they say would violate antitrust laws.
February 25, 2015
Business
C.H. Robinson to buy Freightquote.com for $365 million
Third party logistics giant C.H. Robinson has reached an agreement to acquire online broker Freightquote.com Inc. for $365 million in cash, the company reported Monday. The agreement is subject to regulatory approval and the deal is expected to close in the first quarter of 2015.
December 2, 2014
Business
Descartes Systems acquires Airclic for $29M
Descartes Systems Group has acquired Airclic, a provider of mobile applications designed to reduce the cost of delivering goods by automating traditional paper-based processes.
November 20, 2014
Business
Omnitracs and XRS get to know each other
Omnitracs will bring a wider sales and distribution footprint for XRS products and give its customers who are running its legacy XATA Turnpike, MobileMax and Xatanet fleet management applications a better migration path to either the XRS Relay or to the MCP platform, said David Post, chief operating officer of Omnitracs.
November 7, 2014
Business
Omnitracs completes XRS acquisition
Omnitracs, a provider of fleet management systems to transportation and logistics companies, announced it has completed the acquisition of XRS Corporation for approximately $178 million.
November 3, 2014
Business
Celadon buys Pa.-based A&S Kinard, adds 500 trucks, warehouses in Northeast
Celadon Group Inc. has acquired New Freedom, Pa.-based A&S Services Group LLC and its 500-truck fleet, the companies reported Monday. Celadon expects the present management team will remain in place and continue to operate independently under the A&S Kinard name.
October 28, 2014
Business
Knight buys Barr-Nunn; promises no change in name, management, culture
Big carriers continue to get bigger: Knight Transportation has acquired Barr-Nunn, and the additional 550-truck fleet grows Knight’s truckload capacity by 14 percent in the deal.
October 2, 2014
Business
Omnitracs to acquire XRS for $178 million
Omnitracs, a provider of fleet management systems to transportation and logistics companies, announced that it has agreed to acquire XRS Corporation.
September 2, 2014
Business
Comdata to be acquired by FleetCor for $3.45B
FleetCor Technologies, Inc. has signed a definitive agreement to acquire Comdata from Ceridian LLC for $3.45 billion. The transaction is expected to close in December 2014.
August 13, 2014
Business
A perfect union
Company: Cardinal Logistics Management Corp., Concord, N.C. 2013 CCJ Top 250 rank: 27 Industry segment: Dedicated contract carriage 2012 revenues: $850 million Power units: 4,451 Trailers: 8,949 Drivers: 4,700 It has been a busy year for Cardinal Logistics Management. In August of last year, the dedicated carrier  was acquired by Centerbridge Partners L.P., a $20 […]
June 9, 2014
Business
Combining lanes
Company: Epes Carriers, Greensboro, N.C. 2013 CCJ Top 250 rank: 92 2012 revenues: $228.3 million Revenue change vs. 2011: 3.3 percent Power units: 1,148 Trailers: 4,422 Drivers: 1,285 Last month, Greensboro, N.C.-based Epes Carriers merged its two asset-based trucking subsidiaries, Epes Transport System and Texas Star Express. The combined company will be called Epes Transport System, with headquarters remaining […]
June 9, 2014
Business
More than a new name
Company: RoadOne IntermodaLogistics, Randolph, Mass. 2013 CCJ Top 250 rank: 118 Power units: 992 Trailers: 60 Drivers: 990 Earlier this year, industry entrepreneurs at RTS Holdings acquired RoadLink Transportation Solutions from a private equity firm. RTS then relaunched the Boston-area company as RoadOne IntermodaLogistics, with sights on taking a leadership position in intermodal transportation and logistics. […]
June 9, 2014
Business
Reclaiming ownership
Company: Smith Transport, Inc., Roaring Spring, Penn. 2013 CCJ Top 250 rank: 151 Industry segment: General freight Power units: 702 Trailers: 2,550 Drivers: 734 In October 2008, Smith Transport sold a minority stake in its business to U.S. Xpress during the economic downturn. While U.S. Xpress had a 47 percent share of Smith Transport, the […]
June 9, 2014
Business
Zebra Technologies to acquire Motorola Enterprise for $3.45B
Zebra Technologies Corporation and Motorola Solutions, Inc. announced that they have entered into a definitive agreement in which Zebra will acquire Motorola’s Enterprise business for $3.45 billion in an all-cash transaction.
April 15, 2014
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