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CCJ Top 250
Mergers & Acquisitions: Page 9
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
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September 1, 2026
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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