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Mergers & Acquisitions: Page 8

Business
Three fleets make acquisition moves
Three fleets in various segments announce expansions. Also: C.H. Robinson CEO Bob Biesterfeld is out. He'd been in that role since 2019 and with the company for 24 years.
January 5, 2023
Tradition Transportation Group trucks
Mergers & Acquisitions
Forward Air expands LTL capabilities with acquisition of Kentucky expediter
Headquartered in Bowling Green, Kentucky, Land Air Express offers a variety of services, including guaranteed, standard, exclusive, same day, hot shot and pickup and delivery.
January 4, 2023
Forward Air semi
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Mergers & Acquisitions
United Vision Logistics acquired by private investment group
Louisiana-based United Vision Logistics has been acquired by a Houston-based private investment partnership.
December 29, 2022
United Vision Logistics heavy hauler
Mergers & Acquisitions
Cross-border specialist Outwest Express acquired by Cox Transportation Services
Servicing the Southwestern U.S. with 400-plus trucks, Outwest Express specializes in managing Mexican cross-border logistics.
December 21, 2022
Outwest Express operates a fleet of more than 400 tractors and 1,200 trailers and services more than 300 customers across retail, medical, manufacturing, automotive and electronics industries with terminals in Kansas City, Missouri and McAllen, Texas.
Regulations
USA Truck parent company prepping for possible sale
DB Schenker could hit the open market. Also: Texas DPS officials are again conducting enhanced commercial vehicle safety inspections at random as they cross international ports of entry into Texas; Old Dominion increasing rates for 2023; more
December 16, 2022
Trucks at Mexico border crossing
Mergers & Acquisitions
Hazmat hauler Heritage Transport acquires Frank's Vacuum Truck Service
Expanding its trucking capacity allows Heritage Transport to take on new opportunities.
December 15, 2022
Heritage Transport truck
Mergers & Acquisitions
Trimble acquiring Transporeon for $1.98 billion
Transporeon's software platform provides modular applications that power a global network for 145,000 carriers and 1,400 shippers and load recipients with an integrated suite of sourcing, planning, execution, monitoring and settlement tools.
December 12, 2022
Transporeon's open platform integrates with more than 3,000 global ERP and transportation management systems, enabling a dense network to facilitate more than 25 million on-platform transports in 2022.
Mergers & Acquisitions
ContainerPort Group parent acquires Pacific Cascade Trucking, other assets
An asset-light provider of 3PL services including drayage, warehousing, transloading, fulfillment and more, Pacific Cascade was currently operates 50-plus trucks and has a 267,000 sq. ft. distribution facility.
December 7, 2022
Pacific Cascade Trucking
Mergers & Acquisitions
Chem transporter Quantix buys five fleets
Quantix continues to scale services in Texas and the Gulf Coast regions. Also: Penske adding renewable diesel to Calif. locations; Influential Woman in Trucking winner announced; UPS acquires European/Latin American healthcare logistics provider.
November 17, 2022
Woodlands, Texas-based Quantix, has purchased five fleet owner companies: Dobbins Enterprises LLC, C&S Express, Inc., Chancelor Transportation LLC, T&K Chancelor Enterprises LLC and Templet Transit LLC.
Mergers & Acquisitions
PS Logistics adds another flatbed fleet to portfolio
PS Logistics subsidiary P&S Transportation has acquired Mississippi-based Clays Transport and Clays Logistics.
November 10, 2022
Clay's Transport truck
Mergers & Acquisitions
Forward Air acquires Alabama-based intermodal carrier
The acquisition of Chickasaw Container Services allows Forward to grow in the Mobile, Alabama, and Memphis, Tennessee, markets. Also: Rhode Island appealing court ruling on trucks-only tolls.
November 9, 2022
Chickasaw Container Services trucks
Mergers & Acquisitions
Ascend acquires Fuchs Trucking
Jackson, Tennessee-based trucking company Ascend has acquired Sauk City, Wisconsin-based Fuchs Trucking.
November 7, 2022
Fuchs Trucking
Mergers & Acquisitions
Werner strikes deal for brokerage ReedTMS Logistics
Located in Tampa, Florida, ReedTMS has more than 800 customers and an extensive freight brokerage network including 19,000 active carriers.
November 7, 2022
Reed TMS building
Mergers & Acquisitions
Heniff acquiring Texas liquid bulk carrier
Heniff Transportation Systems Founder and Chief Executive Officer Bob Heniff said he was "pleased" to welcome a one-time competitor into the fold.
November 2, 2022
Coal City Cob rail yard
Mergers & Acquisitions
Ruan Transportation acquires grocery carrier NTB
NTB and its more than 235 trucks will continue to operate independent of the Ruan family of companies and will maintain its name and brand, leadership structure and facility locations.
October 28, 2022
Ruan truck
Mergers & Acquisitions
G&W Tanks acquired by Quantix
G&W represents the eighth acquisition for Quantix under its current ownership. Also: Kodiak Robotics and IKEA partner for 400-mile autonomous lane in Texas; Penske recognized by EPA SmartWay.
October 19, 2022
G&W Tanks
Mergers & Acquisitions
Kroger and Albertsons to merge, create private fleet grocery behemoth
The combined private fleet of Kroger/Albertsons will be nearly 2,400 trucks. Also: More than 1,700 violations issued in five-day unannounced hazmat enforcement blitz; J.B. Hunt awards $250k in scholarships; Thermo King completes electric trailer test.
October 17, 2022
shopping carts at a store
Mergers & Acquisitions
Kenan Advantage Group expanding in Canada, acquires Toronto 3PL
Kenan Advantage Group has made four acquisitions this year.
October 13, 2022
Kenan Advantage Group tanker
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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
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