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The trucking industry experienced a surge in acquisitions during the past year, with more expected to occur in 2022.

Ashley Furniture Industries affiliate Ashley Pacific Northwest on Nov. 22 entered into an agreement to acquire certain assets of Wilson Logistics.

Sutton Transport entered into an agreement Oct. 20 to purchase the less-than-truckload division of CRH Transportation.

The deal market in the trucking industry is heating up as buyers and sellers look to make moves amid a confluence of factors that are driving activity, experts said.

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

Diesel Forward is expanding its diesel fuel systems services by increasing its repair parts offering with the acquisition of Dipaco.

Clarience Technologies announced it acquired Ecco Safety Group, which has nearly 50 years of experience in research, design, development, manufacturing and distribution of emergency lighting and audible warning equipment for commercial and emergency vehicles for global markets.

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

The economic fallout from the impact of the coronavirus pandemic has prompted a number of carriers to consolidate.

XPO Logistics Inc.’s sale of its European supply chain business has slowed after a key bidder dropped out of the process, people with knowledge of the matter said.