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CCJ Top 250
Mergers & Acquisitions: Page 7
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
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January 13, 2026
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
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
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Business
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