Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.
May 3, 2019Business
Aterian Acquires Xpress Global Systems
Aterian Investment Partners, a private investment firm, said it has acquired Xpress Global Systems.
December 28, 2018BusinessTop 50
DSV Ends Bid to Acquire Ceva Logistics
DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.
October 24, 2018BusinessFuel
Mansfield Energy Acquires FuelTrac
Mansfield Energy Corp. has purchased FuelTrac, a fleet fuel management company based in Baton Rouge, La.
August 6, 2018BusinessLogisticsTop 50
Peoples Services Acquires Grimes Cos. to Expand in Southeast
Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.
April 18, 2018Business
Englander Transportation Acquires Three Companies
Englander Transportation has acquired three Mountain City, Tenn., trucking companies, which will significantly increase Englander’s size.
April 6, 2018Business
GlobalTranz Acquires Utah’s Apex Logistics
Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price.
December 11, 2017BusinessLogistics
Wilson Logistics Acquires Haney Truck Line Assets
Wilson Logistics Inc., based in Springfield, Mo., has purchased the assets of Haney Truck Line, adding flatbed and heavy-specialized freight hauling to its portfolio of trucking and logistics services while significantly expanding business in the Pacific Northwest and parts of Canada.
September 7, 2017Business
Two Major Deals Mark Consolidation Trend; Heartland Buys IDC, Daseke Gets Steelman Cos.
Two major truckload carriers have announced purchases, and one of the transactions will unite companies ranked among the Transport Topics Top 100 list of the largest North American for-hire carriers: Heartland Express and Interstate Distributor Co.
July 6, 2017Business
Heartland Buys Interstate Distributor From Saltchuk for $113 Million
Heartland Express Inc. has purchased Interstate Distributor Co. from owner Saltchuk Resources Inc. in a $113 million deal that is the latest in a flurry of mergers and acquisitions in 2017.
July 6, 2017