John Hess plans to buy back his family’s iconic toy truck business next year from Chevron after the oil giant bought his company this month.
July 30, 2025Transportation Acquisition News Updates
Our acquisition articles provide the latest insights into trucking acquisitions, logistics mergers. Stay informed on industry trends, market shifts, and key developments that impact trucking and logistics professionals.
Baker Hughes to Acquire Chart Industries for $9.6 Billion
The Baker Hughes deal will expand the oil field service giant’s reach into liquefied natural gas, data centers and other technologies.
July 29, 2025Union Pacific to Buy Norfolk Southern in $85 Billion Deal
Union Pacific agreed to acquire Norfolk Southern, forming a transcontinental rail behemoth in what stands to be the industry’s largest deal ever.
July 29, 2025DAT Buys Convoy Platform From Flexport
DAT Freight & Analytics is acquiring Convoy Platform from Flexport for an undisclosed sum, a little under 18 months after the seller launched the freight-matching platform.
July 28, 2025Transport M&A Defies Struggling Market So Far in 2025
This year started off with 250 deals during the first quarter, and then 276 deals in the second quarter, despite market conditions.
July 24, 2025Chevron Cuts 575 Houston Jobs After $53B Hess Takeover
The reductions were handed down on July 18 and take effect Sept. 26, according to a filing with the Texas Workforce Commission on July 23.
July 23, 2025Grocer C&S Kicks Off $400M Loan Sale to Acquire SpartanNash
C&S Wholesale Grocers is looking to raise $400 million from a leveraged loan sale to help finance its $1.77 billion acquisition of food distributor SpartanNash.
July 23, 2025ConocoPhillips Nears $1.3 Billion Sale of Oklahoma Assets
ConocoPhillips is in advanced talks to sell some of its Oklahoma assets to closely held Flywheel Energy for around $1.3 billion, people familiar with the matter said.
July 22, 2025Fleetworthy Buys Predictive Tolling Specialist Commercelogic
Fleetworthy said the deal would offer carriers that use its Bestpass product predictive toll insights, automated reconciliation and cost-saving opportunities.
July 21, 2025Trending
Newsletter Signup
Subscribe to Transport Topics