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CCJ Top 250
Mergers & Acquisitions: Page 5
Economic trends
Trucking bankruptcies expected to continue in the foreseeable future
Industry bankruptcy experts say financial distress at the hands of multiple factors has caused an uptick in bankruptcy cases among trucking and logistics companies of all sizes.
December 27, 2023
Mergers & Acquisitions
Flatbed conglomerate Daseke to be acquired by TFI
Post-close, Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment.
December 22, 2023
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June 11, 2025
Mergers & Acquisitions
Hub Group acquires Forward Air's final-mile division
Forward Air Final Mile, which will now operate under the Hub Group Final Mile brand, provides residential final-mile delivery and installation of big and bulky goods, with a focus on appliances.
December 20, 2023
Mergers & Acquisitions
CRST acquiring BCB Transport
CRST has acquired Mansfield, Texas-based 275-truck BCB Transport. Also: ConMet acquiring TruckLabs, TruckWings. J.B. Hunt's Simpson named 2023 Influential Woman in Trucking; Transition Trucking public voting open; Smith System acquired.
November 8, 2023
Mergers & Acquisitions
Hirschbach sells its yard spotting business to Lazer Logistics
Lazer Logistics is North America’s largest provider of outsourced end-to-end yard management.
November 6, 2023
Mergers & Acquisitions
Florida Rock & Tank parent acquired by United Petroleum Transports
One of the largest regional tank truck carriers in North America, Florida Rock & Tank operates in Florida, Georgia, Alabama, and Tennessee with 17 terminals and six satellite locations.
November 3, 2023
Mergers & Acquisitions
Embattled Forward Air, Omni Logistics deal could be off
Forward Air is considering exercising its right to terminate the merger agreement with Omni Logistics, but Omni says it is prepared to force closure.
October 26, 2023
Mergers & Acquisitions
UPS acquiring reverse logistics company, returns specialist
UPS on Wednesday agreed to acquire Happy Returns from online payment giant PayPal.
October 25, 2023
Mergers & Acquisitions
Ryder acquires Impact Fulfillment Services
IFS has built a blue-chip customer base with its proven model for co-packing and co-manufacturing in both food and non-food products.
October 23, 2023
Mergers & Acquisitions
Hyway Trucking acquired by 3PL
The 80-truck fleet was acquired by FST Logistics. Also: 12 Restaurant Technologies drivers in Dallas joining Teamsters; Diesel Technology Forum rebranding as Engine Technology Forum; Arrive Logistics expanding into Canada.
October 4, 2023
Mergers & Acquisitions
UPS acquiring MNX Global Logistics
The acquisition of the global time-critical logistics firm will help UPS Healthcare and its clinical trial logistics subsidiary Marken meet growing demand. Also: How Yellow's bankruptcy may impact the used-truck market; Brandt expands U.S. dealer network.
September 29, 2023
Mergers & Acquisitions
J.B. Hunt acquiring brokerage of BNSF Logistics
Following the closing of the transaction, the brokerage operations of BNSF Logistics will roll into J.B. Hunt’s Integrated Capacity Solutions (ICS) for segment reporting purposes. The transaction will be funded using J.B. Hunt’s existing cash balance.
September 15, 2023
Mergers & Acquisitions
TFI acquires Canadian food-grade tanker carrier
With the acquisition of Vedder Transportation Group, TFI expands its liquid and dry bulk food-grade tanker services to Western Canada.
September 13, 2023
Mergers & Acquisitions
Arrow Transportation acquires Mountain View Reload and six U.S. facilities
Arrow Reload Systems is acquiring Mountain View Reload Group, including MVR locations in Washington, Montana and Texas.
September 1, 2023
Companies
Study detects cognitive risks from driving under the influence of cannabis
New research published by the Colorado School of Public Health shows the risks associated with driving under the influence of cannabis. Also: EDI Express adds team driver services to and from Texas; 3PL GSC Logistics has acquired MacMillan-Piper.
July 25, 2023
Mergers & Acquisitions
Former Celadon subsidiary acquired by investors
Jaguar Transportation, a former Mexico-based subsidiary of now bankrupt Celadon, was recently acquired by investors. Also: Heartland Express receives 10,000th Freightliner; Class 8 truck heat, A/C supplier celebrates 50 years in North America.
July 24, 2023
Mergers & Acquisitions
PS Logistics acquires Alabama-based Action Dedicated
The acquisition marks at least the tenth involving a CCJ Top 250 fleet in 2023. Action Dedicated will continue to operate under the same name.
July 17, 2023
Mergers & Acquisitions
Transervice Logistics parent acquiring Lily Transportation
Each business will continue to operate as separate companies, retaining their independent corporate names and separate field and management teams.
July 10, 2023
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Top Stories
Regulations
Repeal of truck emissions regs 'doesn’t help the trucking industry'
The GHG3 final rule had been derided as a de facto electric truck mandate.
Emissions
EPA set to unravel 'disastrous' federal trucking emissions regulations
Business
Hyway Transportation parent acquiring Michigan fleet
Mergers & Acquisitions
Hub Group acquires Marten's intermodal business
Business
Schneider's business is booming at the border
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