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CCJ Top 250
Mergers & Acquisitions: Page 16
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
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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
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
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
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