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CCJ Top 250
Mergers & Acquisitions: Page 9
Business
Carbon Express acquired by Kenan Advantage Group
Carbon Express Founder and President Steve Rush noted that after nearly 60 years in the industry he was looking forward to "sit back and relax in my so-called golden years."
September 8, 2022
Business
Atlas World Group subsidiary acquires pad-wrap fleet
The acquisition of Progressive Transportation, Inc. will accelerate growth within Atlas Logistics’ padded-van service offerings, the company said.
September 2, 2022
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July 7, 2025
Business
Ryder acquires logistics tech startup
Ryder first invested in logistics startup Baton through RyderVentures during the startup’s Series A funding round in March 2021.
September 2, 2022
Business
PS Logistics acquires Phoenix Leasing of Tennessee, strikes deal with Colonial Freight Systems
PS Logistics has made two acquisitions this month, one each in the reefer and flatbed segments.
August 25, 2022
Economic trends
Trucking conditions negative for second straight month
FTR's Trucking Conditions Index fell from -0.3 in May to -3.36 in June. Also: Ascend names new President of Distribution and Dedicated; Kenworth T680s recalled over fuel tank issue; medium-duty Macks recalled; Hub Group acquires TAGG Logistics.
August 23, 2022
Business
Heartland Express acquiring CFI's non-dedicated dry van and temp-controlled truckload business
At the close of the transaction, Heartland Express will be the eighth largest truckload fleet and third largest irregular route, asset-based truckload carrier in the U.S.
August 22, 2022
Business
Tesla boss says Semi deliveries will commence this year
Elon Musk says that deliveries of Tesla's electric Semi will begin this year. Also: HHG moving company employee sentenced for defrauding the United States.
August 11, 2022
Business
PS Logistics acquires Alabama flatbedder
PS Logistics' 26th acquisition since 2014 positions the company as one of the largest 53-foot lightweight flatbed carriers in the country with more than 400 power units and 1,000 trailers.
August 10, 2022
Business
Cummins closes $3.7B deal for Meritor
Cummins will onboard Meritor’s people, products and capabilities in axle and brake technology into its components business. Also: Fastfrate completes Challenger Group acquisition; FMCSA grants target recruiting veterans; HHG mover sentenced for fraud.
August 4, 2022
Business
Kam-Way Transportation acquiring Produce Supply Express
PSE will continue to operate under its current management with the Kam-Way Transportation leadership team providing additional support.
August 3, 2022
Business
A.N. Webber acquires flatbed brokerage
Hicks Co., a force in the west-coast flatbed brokerage market for 40 years, will continue to operate under its own name and authority until the end of the year.
August 2, 2022
Business
Mergers and acquisitions changing the landscape of the country's largest carriers
More than 8% of CCJ's Top 250 for-hire carriers have been involved in a merger or acquisition this year.
July 25, 2022
Business
PITT OHIO adds New York LTL service via acquisition
PITT OHIO acquiring longtime New York LTL partner Teal’s Express.
July 19, 2022
Business
Ward Transport and Logistics acquiring Quality Cartage
Ward Transport and Logistics books the ninth acquisition among CCJ's Top 250 for-hire carriers in less than two months.
July 18, 2022
Business
KLLM acquires 200-truck reefer fleet
The CCJ Top 250 carrier acquired Cartersville, Georgia-based Quest Global. Also: Nomination period for "Transition Trucking" military vet rookie trucker award open through end of July; Fontaine Heavy-Haul rebranding as Fontaine Specialized.
July 18, 2022
Mergers & Acquisitions
PrePass Safety Alliance acquires CVO Holding Co.
CVO, which was involved in the 1993 launch of the PrePass weigh station bypass, will operate as a separate but wholly owned subsidiary of PrePass.
July 12, 2022
Business
Connors Transfer acquired by Shoreland Transport
Shoreland has terminals in St. George, New Brunswick and Suffolk, Virginia, and operates a fleet of 115 trucks and 217 trailers with routes across Canada and throughout the United States.
July 11, 2022
Business
Universe Trucking acquired by Greater Omaha Express
The acquisition, set to be finalized next week, will increase the size of the Greater Omaha Express fleet by 20%.
July 6, 2022
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Top Stories
Cybersecurity
NMFTA warns of Chinese components in trucking technology
The trucking industry's expanded digitization increases its potential for cybercrime, and China could be a key threat to the U.S. via technology in transportation.
Business
Kandel Transport acquired by Nagle Companies
Business
Marten Transport CEO stepping down, Randy Marten to return
Regulations
U.S. 'pausing' work visas for commercial truck drivers
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