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Mergers & Acquisitions: Page 7

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
TravelCenters of America location
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
Hot Line Freight Systems truck
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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
AIP Logistics tank trailer
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
Parked Star Truck Rentals truck
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
outside of a TA station
Mergers & Acquisitions
Linden Bulk Transportation acquired by ISO tank specialist
Linden Bulk Transportation acquired by Boasso Global; Aurora opens terminal for autonomous trucks; Peterbilt expands its tech school training partnerships.
April 17, 2023
Linden Bulk Transportation truck
Mergers & Acquisitions
BP’s acquisition of TA takes another step forward
A federally required waiting period has passed without action from FTC, clearing another hurdle for the deal. Also: House resolution would overturn EPA's 2027 regs; trucking company owners sentenced in bribery scheme; Pitt Ohio adopts Maven AI platform.
April 12, 2023
TravelCenters of America
Mergers & Acquisitions
Pilot Company names new executives as part of Berkshire Hathaway ownership
Berkshire Hathaway purchased 38.6% of Pilot Flying J in October 2017 and became majority owners of Pilot Company Jan. 31 this year.
April 10, 2023
Pilot Flying J station
Mergers & Acquisitions
Bidding war erupts for TravelCenters franchise
As BP's deal for TravelCenters of America inches closer to closing, a new suitor contends it has a better offer on the table.
March 28, 2023
New TA location
Mergers & Acquisitions
Knight-Swift, U.S. Xpress deal likely passes Go, 'near zero chance' it is a monopoly
Swift Transportation, Knight Transportation, AAA Cooper and U.S. Xpress were at one time individually owned and operated companies, and each were among the top 50 for hire-carriers in CCJ's Top 250 rankings.
March 22, 2023
Knight truck on a Monopoly board
Mergers & Acquisitions
Knight-Swift acquiring U.S. Xpress for more than $800 million
Updated: The combination of two of CCJ's Top 20 for-hire carriers creates a new mega fleet and further solidifies Knight-Swift as a truckload behemoth as it acquires approximately 7,200 tractors and 14,400 trailers.
March 21, 2023
drivers looking at a U.S. Xpress trailer
Mergers & Acquisitions
Tennessee 3PL picks up asset-based carrier
Byland Transportation's 48 trucks and 70 trailers will enhance Sage Logistics’ transportation and logistics services.
March 6, 2023
Four Byland Transportation semi-trucks parked in a row
Mergers & Acquisitions
Big G Express acquires 90-truck Tennessee-based fleet
Nashville-based RTR Transportation is a family-owned, full-service nationwide dry van truckload carrier offering local cartage, warehousing, cross dock, trailer rework, and storage trailers.
March 2, 2023
Big G Express truck
Companies
BP acquiring TravelCenters of America for $1.3 billion
TravelCenters of America is set to be acquired by BP for $1.3 billion, who beat out other suitors.
February 16, 2023
Travel Centers of America station
Mergers & Acquisitions
Experts expect M&A in the transportation and logistics industry to thrive in 2023
Despite choppy economic waters in 2022, many M&A deals got done, and that trend is expected to continue in 2023, though the size and structure of deals will differ, along with a shift in the types of company profiles targeted for acquisition.
February 5, 2023
shaking hands
Mergers & Acquisitions
Jones Logistics acquiring Nationwide Express
Mississippi-based Jones Logistics announced it is acquiring 100-truck Nationwide Express. Also: TEC Equipment's Portland location is now a Mack and Volvo Certified EV Dealership; six fleets petition FMCSA for waiver to allow flashing brake lights
February 3, 2023
Jones Logistics truck
Mergers & Acquisitions
R.E. Garrison acquires Georgia-based produce hauler
Boaty's Transport will continue to operate under its own name under the R.E. Garrison umbrella. The acquisition of Boaty’s will bring with it more than 50 tractors and 80 refrigerated trailers.
January 26, 2023
R.E. Garrison truck
Mergers & Acquisitions
ATS Logistics acquired by Charleston port behemoth
ATS will operate as part of the Harbor Logistics platform, the market leader in warehouse and drayage capabilities in the Charleston market.
January 5, 2023
ATS Logistics trailers
Previous Page
Page 7 of 16
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Top Stories
Act Truck
Business
Midwest Motor Express, DHE Transportation rebranding under AAA Cooper
Knight-Swift is merging its three LTL brands under the AAA Cooper banner.
Manufacturing workers assembling industrial machinery in a factory production line
Home
Most heavy trucks exempt from new 25% truck tariff, 'non-U.S. content' will be taxed
Transportation worker in safety vest checking truck documentation at vehicle inspection point
Regulations
DOT docks California $40 million for ELP compliance failure
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Business
'Shocking' Montgomery Transport closure 'like losing family'
Fleet Compliance
Business
The cost of fleet compliance failures
CCJ Top 250
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