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Mergers & Acquisitions: Page 8

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.
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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
Mergers & Acquisitions
Two Top 250 carriers make acquisitions
NFI has acquired Wilmington, North Carolina-based MCO Transport. Bison will acquire Hermon, Maine-based Pottle’s Transportation.
October 12, 2022
Bison Transort truck
Mergers & Acquisitions
Bay & Bay Transportation offloads its tanker business
Bay and Bay CEO Sam Anderson noted that the divestiture of its tank business allows Bay and Bay to further focus and invest in its refrigerated trucking and multi-modal logistics businesses.
October 11, 2022
Bay and Bay Transportation tank truck
Business
Werner acquiring truckload carrier Baylor Trucking
Baylor Trucking is a four-time Walmart carrier of the year operating from two terminals in the east central and south central U.S.
October 3, 2022
Werner's acquisition of Baylor Trucking expand its terminal, fleet and professional driver footprint in the east central and south central U.S. truckload markets.
Business
Conditions for carriers improved in July
FTR reports trucking conditions remained negative despite gains from June. Also: Freight volumes were flat in August while utilization was down; TLSS has acquired New Jersey-based Freight Connections.
September 23, 2022
FTR Trucking Conditions Index July 2022
Business
Super T Transport acquired by Red Bull company Berger Logistik
Berger Logistik will partner with 200-truck, refrigerated beverage hauler Super T to distribute its products with Super T's existing customer base across America.
September 13, 2022
Super T transport trailer
Previous Page
Page 8 of 16
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Top Stories
Yellow Union Pacific locomotive 7205 on railway tracks with mountains in background
Business
Knight-Swift backs rail mega merger
A proposed merger between Union Pacific and Norfolk Southern is gaining powerful trucking allies.
Cyberimage
Cybersecurity
NMFTA warns of Chinese components in trucking technology
Headquartered in Ohio, Kandel Transport Inc. is a regional carrier specializing in temperature-controlled food transport.
Business
Kandel Transport acquired by Nagle Companies
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Business
Marten Transport CEO stepping down, Randy Marten to return
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CCJ Top 250
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