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Mergers & Acquisitions: Page 2
Mergers & Acquisitions
Kenan Advantage Group strikes second deal this year, acquires M.C. Tank
M.C. Tank Transport operates from eight terminal locations and three ISO container depots throughout the Southeast and Midwest.
March 31, 2025
Mergers & Acquisitions
Fleetio acquires maintenance authorization platform
Fleet maintenance management software provider Fleetio has acquired Auto Integrate, a platform that enables maintenance shops to electronically submit work orders for approval, bringing its valuation to more than $1.5 billion.
March 26, 2025
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July 7, 2025
Mergers & Acquisitions
Kenan Advantage acquires Alabama dry bulk fleet
KAG onboards approximately 100 drivers and 45 operational members, 158 tractors, 338 trailers, and four terminal and satellite locations throughout Alabama.
March 7, 2025
Mergers & Acquisitions
Canada Cartage acquires Walmart's Canadian fleet business
Headquartered in Mississauga, Ontario, Walmart Fleet ULC has roughly 450 tractors and 4,500 trailers. Also: J.B. Hunt launches solar farm in Arkansas to power corporate operations; Senate intros bill to streamline CDL testing.
January 31, 2025
Mergers & Acquisitions
Trimac acquires flatbed division of Watt & Stewart
The deal expands Trimac’s service offerings, particularly in the mining, forestry and heavy equipment transportation sectors.
January 20, 2025
Mergers & Acquisitions
Forward Air exploring potential sale, merger
Forward Air has felt pressure from shareholders since its clumsy acquisition of logistics service provider Omni Logistics last January.
January 6, 2025
Mergers & Acquisitions
Sutton Transport acquired by Pitt Ohio parent, merging with Dohrn Transfer
Comprised of Pitt Ohio, Dohrn Transfer Company, Ross Express, and US Cargo, the Pitt Ohio Transportation Group is projected to become the 12th largest LTL carrier in the United States.
January 6, 2025
Mergers & Acquisitions
Atlas Van Lines acquires customs brokerage service
The deal enhances Atlas Canada’s ability to deliver customs clearance solutions across Canada and the United States.
December 31, 2024
Mergers & Acquisitions
Bendix sells off R.H. Sheppard business to investment firm
The sale to an affiliate of Balmoral Funds encompasses the entire Sheppard business, including Sheppard’s branded products, production equipment, sales and service companies, and interests in joint ventures relating to sales and production.
December 26, 2024
Mergers & Acquisitions
Trucker Tools acquired by DAT | Transition Trucking winner announced
The acquisition will expand DAT’s ability to provide real-time GPS tracking and load optimization on the DAT One load board platform. Also: Stevens Transport driver wins new Kenworth in Transition Trucking program; Pitt Ohio nears BEV milestone.
December 18, 2024
Mergers & Acquisitions
Heniff acquires European bulk transporter
Combo Group is Heniff’s second deal in the European bulk transportation services market this year.
December 16, 2024
Mergers & Acquisitions
What consolidations among tech providers mean for their trucking customers
Experts say tech company consolidations benefit trucking customers as they can close gaps in coverage and lower costs. And those transactions could ramp up in 2025.
December 15, 2024
Mergers & Acquisitions
Fleetworthy acquires parking violation management company
Fleetworthy, which recently acquired weigh station bypass system provider Drivewyze, has now acquired a company that management parking violation and resolution in the New York metro area.
December 6, 2024
Mergers & Acquisitions
CARB CTC certified telematics provider merges with fleet tracking company
Zonar, which will now operate as part of the GPS Trackit portfolio, was the first telematics provider to become certified to participate in the California Air Resources Board's Clean Truck Check program.
December 4, 2024
Mergers & Acquisitions
Mullen Group acquiring PNW | Odyssey Logistics acquires OctoChem
The acquisition further expands Mullen Group's real estate network in Canada. Also: Averitt names new VP of sales; Odyssey Logistics acquires OctoChem, Inc.; Transflo has launched the Transflo Wallet Fuel Card.
December 4, 2024
Mergers & Acquisitions
PDI Technologies acquires Comdata Merchant Solutions business
Comdata will retain operations of its truck stop payment acceptance network, including the fuel cards issued to trucking companies. Also: International names new CFO; Barr-Nunn a Top Pay Carrier for record 20th time.
December 3, 2024
Regulations
Truck-involved crash fatality estimates falling
NHTSA reported an estimated decline in fatalities in crashes involving large trucks. Also: Canada Cartage acquiring Coastal Pacific Xpress; Love's expands Speedco and truck wash network.
November 29, 2024
Mergers & Acquisitions
Schneider acquiring Cowan Systems for $390 million
Post-closing, Schneider will operate more than 8,400 dedicated tractors.
November 25, 2024
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