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CCJ Top 250
Mergers & Acquisitions: Page 6
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
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February 19, 2025
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
Mergers & Acquisitions
Dupré Logistics acquires truckload brokerage
Based in St. Petersburg, Florida, Interstate Transport offers temperature-controlled, time-sensitive, dry, and flatbed brokerage services to the food service, horticulture, big box retailers and emergency management industries.
July 10, 2023
Mergers & Acquisitions
Knight-Swift, U.S. Xpress acquisition closes
Shareholders of U.S. Xpress last week approved the carrier's acquisition by Knight-Swift Transportation. Also: Teamsters ratify new five-year contract with ABF Freight, averting a strike; Colorado fuel haulers get temporary HOS waiver.
July 6, 2023
Alternative power
Schneider opens huge zero emission electric charging depot
The 4,900-square-foot, state-of-the-art electric truck charging hub allows the carrier to charge 32 trucks simultaneously.
June 9, 2023
Mergers & Acquisitions
Best Dedicated Solutions acquired by port-to-door logistics company
Chicago-area-based Best Dedicated Solutions (BDS) has been acquired by STG Logistics.
June 5, 2023
Mergers & Acquisitions
Assured Telematics set to merge with Transflo
ATI provides telematics solutions for the trucking industry with a comprehensive suite of systems that, combined with Transflo's offerings, will help fleet customers increase efficiency, improve cash flow and reduce costs.
May 17, 2023
Business
Trucking company owners should consider an ESOP
ESOPs are not only beneficial from a tax perspective; they can also be useful in attracting and retaining drivers in the midst of a driver shortage.
May 16, 2023
Mergers & Acquisitions
TA shareholders approve pending BP acquisition
The move clears the way for BP to acquire TA, with the deal expected to be closed May 15. Also: $150M cargo theft ring busted in California; PGT Trucking breaks ground on new Laredo facility; CPC Logistics driver inducted into NPTC Hall of Fame.
May 12, 2023
Mergers & Acquisitions
TFI announces two acquisitions to expand LTL business
The CCJ Top 250 carrier has completed the acquisition of one company and agreed to acquire another.
May 10, 2023
Mergers & Acquisitions
Trimac Transportation acquires small bulk fleet, warehouser
Trimac Transportation picking up 13 tractors, 119 trailers and a 52-acre property strategically positioned on the busy I-75 corridor.
April 27, 2023
Mergers & Acquisitions
Penske makes second acquisition this year, adds nearly 2,000 trucks
Penske has added nearly 3,000 trucks in less than a month via two acquisitions.
April 26, 2023
Mergers & Acquisitions
TravelCenters of America puts BP merger drama to bed
TA and would-be suitor ARKO Corp. have a contentious history.
April 24, 2023
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Regulations
CARB rips EPA's 'sloppy and amateurish' effort to repeal GHG regs
CARB charges that the EPA is ignoring decades of its own science to repeal greenhouse gas regulations, putting public health and the economy at risk.
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Multimodal group established to modernize freight movement
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