Mergers & Acquisitions: Page 3

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
Ryder forklift
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
colonial freight systems truck
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
June 2022 Trucking Conditions Index
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
CFI safety inspection
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
0x0 Semi 08
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
Noble Trucking truck and flatbed trailer
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
Cummins Sign
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
PSE trucks parked
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
A.N. Webber headquarters with red, white, and blue semi-trucks parked in front of it
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
Pen signing a contract
PITT OHIO adds New York LTL service via acquisition
PITT OHIO acquiring longtime New York LTL partner Teal’s Express.
July 19, 2022
PITT OHIO truck and trailer
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
Ward Transport truck
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
KLLM truck
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
PrePass Safety Alliance acquires CVO Holding Co.
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
Connors Transfer semi
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
Greater Omaha Express truck
Kenan Advantage Group acquires Louisiana petrochem company
KAG Logistics picking up American PetroLog is the seventh acquisition this month among CCJ's Top 250 for-hire fleets.
June 27, 2022
Kenan Advantage Group tanker
USA Truck acquired by DB Schenker
The $435 million deal immediately gives DB Schenker rich access to the U.S. freight market.
June 24, 2022
USA Truck semi on a bridge
Previous Page
Page 3 of 10
Next Page
Top Stories
Women in Trucking member Angelika Mangino is the group's Member of the Month for April. Though more women are entering the filed, a WIT survey showed that safety remains a top concern among female drivers.
Recruiting & retention
Female trucker surveys divide proponents on pay and cab design
Industry leaders agree on safety and respect as top issues among surveyed female truck drivers but disagree on pay and cab design.
Pilot Flying J station
Mergers & Acquisitions
Pilot Company names new executives as part of Berkshire Hathaway ownership
Volvo truck with crashed headlight
Technology
How technology is working to prevent your yard from becoming a trucking graveyard
trucks parked
Safety
You don't know what you don't know
Make an impact today
Sponsor Content
Make an impact today
Get all the info on the top 250 trucking companies in America
View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.
Get the free report
White Papers
7 Benefits of Telematics for Fleets
A comprehensive telematics solution empowers businesses to monitor and understand a broad range of operational factors. This eBook will spotlight seven areas where organizations can use a telematics solution to help evolve and improve its operations.
DownloadView All