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mergers

Daseke crosses $1B revenue mark with acquisition of three fleets

The three new companies now operating under the Daseke flag are Tennessee Steel Haulers & Co., The Roadmaster Group and Moore Freight Service.

Knight-Swift earnings tumble in first quarterly report due to merger-associated fees

Knight-Swift Transportation Holdings noted in its earnings report that “comparisons to prior periods are not meaningful,” as the quarterly results include “significant merger-related costs,” as well as only 22 days ...

Heartland Express acquires Interstate Distributor in $113M deal

Heartland Express (No. 36, CCJ Top 250) announced Thursday it has acquired 100 percent of the outstanding stock of Tacoma, Washington-based Interstate Distributor Co. (No. 74, CCJ Top 250) from ...

Flatbed conglomerate Daseke acquires Midwest fleet Steelman Companies

Flatbed and stepdeck conglomerate Daseke, Inc. announced Wednesday it has acquired The Steelman Companies. The heavy haul and flatbed fleet operates in the Midwest. 
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Carrier conglomerate XPO says it’s eying new acquisitions

XPO Logistics, one of the continent’s largest carriers, says it’s eyeing acquisition targets in North America and Europe, according to a Wall Street Journal story posted last week. XPO CEO ...

XPO completes rebranding effort following Con-way acquisition

XPO Logistics announced this week it has completed the rebranding effort of its LTL business following its late 2015 of Con-way. XPO acquired Con-way in a $3 billion deal in ...

Top 250 acquisition: Central Freight plans to purchase Wilson Trucking

Central Freight President and CEO Don Orr says the acquisition will allow the company to expand further into the Southeastern U.S., where Wilson primarily operates.

Daseke announces plans to go public via $626 million merger

The Addison, Texas-based flatbed and specialized carrier will receive $626 million in newly issued Hennessy shares. Hennessy, already a publicly traded company, will change its name to Daseke, Inc., and ...

Maverick USA acquires 25-truck boat hauling fleet

Through the purchase, Maverick acquired all of MTI's assets, including approximately 25 tractors and 80 trailers.

XPO sells truckload business to TransForce a year after acquiring Con-way

XPO Logistics (No. 3 in the CCJ Top 250) announced it has sold its truckload business --the bulk of which came via a October 2015 acquisition of Con-way -- to ...

Continental acquires Zonar; DTNA to retain minority stake

Established in 2001, Zonar pioneered what it calls “smart fleet telematics” in markets that include commercial trucking, vocational and passenger fleets.
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