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mergers

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.

Schneider acquires two companies to expand final-mile delivery

Schneider (No. 8 on the CCJ Top 250) has announced it is expanding its final-mile delivery service with the acquisitions of trucking company Watkins & Shepard (No. 126) and logistics ...

FedEx finalizes $4.4 billion deal to acquire European carrier TNT Express

The May 25 purchase settlement concludes FedEx’s acquisition of 88.4 percent of TNT’s shares, purchased at 8 Euros each, about $9 a share, for an aggregate value of 3.879 billion ...

ABF Logistics acquires brokerage firm Bear Transportation Services

ABF Logistics announced Dec. 1 it has acquired Bear Transportation Services, a private, non-asset truckload brokerage firm located in Plano, Texas.

FTC approves FedEx’s $4.8 billion acquisition of European TNT Express

FedEx Corp’s proposed $4.8 billion acquisition of European-based TNT Express was approved Nov. 23 by the Federal Trade Commission.
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XPO’s $3 billion acquisition of Con-way complete, all Con-way operations to be rebranded XPO

XPO Logistics’ $3 billion acquisition of Con-way was made official Friday, Oct. 30, making XPO the second largest less-than-truckload company in North America.

SkyBitz acquires SmartLogix

SkyBitz, a provider of remote asset tracking and information management systems, has acquired SmartLogix, a provider of petroleum management, inventory and transportation logistics systems. SmartLogix, headquartered in Fort Mill, S.C., has ...

Celadon buys Tango Transport equipment, 80 Tango workers to be laid off

The Celadon Group (No. 35 in the CCJ Top 250) last week announced its subsidiary Celadon Trucking has purchased certain equipment-based assets of truckload carrier Tango Transport (No. 112 in ...

Daseke announces merger with Alabama-based Hornady Transportation

Daseke announced this week its second merger in a month.

Bulldog Hiway Express merges with Daseke family of carriers

Daseke Inc. has announced Bulldog Hiway Express is merging with the Daseke family of flatbed, open-deck and specialty carriers.

Sysco terminates merger agreement with U.S. Foods

Sysco Corporation has announced it has terminated its merger agreement with U.S. Foods after a U.S. District Court temporarily blocked the merger last week.

Court issues preliminary order blocking Sysco-U.S. Foods merger

A U.S. District Court granted the Federal Trade Commission’s request for a preliminary injunction in the proposed merger of Sysco Corp. and U.S. Foods, at least temporarily blocking the merger ...

Regulators trying to block merger of two major private fleets over trust concerns

State attorney generals have joined the Federal Trade Commission’s effort to block a merger between Sysco Corp. and U.S. Foods Inc. they say would violate antitrust laws.

C.H. Robinson to buy Freightquote.com for $365 million

Third party logistics giant C.H. Robinson has reached an agreement to acquire online broker Freightquote.com Inc. for $365 million in cash, the company reported Monday. The agreement is subject to ...