acquisition News Updates

BusinessLogistics

GXO Plans to Buy Clipper for About $1.3 Billion

GXO Logistics has reached agreement with Clipper Logistics on the key terms of a possible acquisition, both company boards announced Feb. 20.

February 22, 2022
BusinessTop 100

Kenan Advantage Group Acquires K-Limited Carrier

Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.

February 7, 2022
BusinessEquipmentTop 50Top 100

J.B. Hunt Set to Acquire Zenith Freight Lines for $87 Million

J.B. Hunt Transport Services has entered into a definitive agreement to acquire the assets of Zenith Freight Lines for approximately $87 million.

January 31, 2022
Business

FleetPride Acquires Assets of Nationwide Truck Service

FleetPride Inc. announced it acquired the assets of Nationwide Truck Service, a Louisville, Ky., company.

January 25, 2022
BusinessEquipmentTop 100

Bison Transport Acquires Hartt Transportation Systems

Bison Transport has acquired Hartt Transportation Systems Inc., a truckload carrier based in Bangor, Maine.

January 4, 2022
BusinessTechnology

Irish Firm AMCS Acquires Dossier Systems

AMCS has acquired Philadelphia-based fleet maintenance management software solutions provider Dossier Systems, the Limerick, Ireland-based company announced Nov. 16.

November 18, 2021
Business

Hertz Shares Surge on Sale to Knighthead

In a deal that hands a huge victory to shareholders of bankrupt Hertz Global Holdings Inc., the car renter picked Knighthead Capital Management and Certares Management to buy the company out of Chapter 11, capping a dramatic brawl for control of the company.

May 12, 2021
Business

DSI Bulk Transport Maintains Identity Under American Bulk Commodities

When American Bulk Commodities acquired DSI Bulk Transport earlier this year, it was a deal that ABC President Mark Carrocce said dovetailed nicely with his company's business philosophy.

March 24, 2021
BusinessTechnologyEquipmentSafetyLogisticsAutonomous

How Consolidation Is Reshaping Trucking’s Technology Sector

Consolidation has dramat­ically reshaped trucking’s technology market over the past decade, with dozens of software and telematics companies joining forces to create larger organizations with expanded capabilities and broader reach.

February 19, 2021
BusinessLogisticsTop 50Top 100

Penske Logistics to Acquire Black Horse Carriers

Penske Logistics announced it reached an agreement to acquire Chicago-based trucking company Black Horse Carriers Inc.

December 2, 2020