The new year began with two acquisitions from U.S. third-party logistics providers looking to increase their business in Canada.
January 5, 2017Business
IMC Cos, American Fast Freight Make Acquisitions
Intermodal specialist IMC Companies and freight forwarder American Fast Freight are the latest freight companies to announce acquisitions.
July 7, 2016Business
Absolute Worldwide Completes Acquisition of Shipmymachinery.com
Absolute Worldwide Logistics, a provider of multiple third-party services, announced the completion of the acquisition of Shipmymachinery.com, which specializes in managing oversized equipment shipments.
September 28, 2015Business
Cline Wood Agency Sold to Marsh & McClennan
Marsh & McLennan Agency, a unit of global insurer Marsh, announced the acquisition of trucking and commercial agriculture's Cline Wood Agency, a Kansas City-area company.
August 4, 2015Business
Descartes Makes Two Acquisitions for $87.5 Million
Descartes Systems Group, a Canadian logistics services provider, is acquiring BearWare Inc. and MK Data Services for a total of $87.5 million.
July 24, 2015Business
TransForce Buys Davis Transportation Services, Another Driver Sourcing Firm
TransForce Inc. has acquired Davis Transportation Services, another driver staffing company.
April 20, 2015Business
Ingersoll Rand Completes Frigoblock Acquisition
Ingersoll Rand has completed its previously announced acquisition of Frigoblock, a European manufacturer of transport refrigeration units, for 100 million euros (about $108 million).
March 9, 2015Business
Trucking, Logistics Acquisitions Expected to Continue in 2015
The hot 2014 trucking and logistics acquisitions market is likely to continue this year, driven by fleets’ need to secure capacity, rising economic expectations and a flood of available cash to pay for deals, analysts said.
March 9, 2015Business
Toll Holdings Agrees to Buyout by Japan Post
Toll Holdings Ltd., a transportation and logistics firm based in Australia and a major freight forwarder in the United States and Canada, said it has agreed to a buyout by Japan Post.
February 19, 2015Business
Trucking Acquisitions Likely to Continue at Strong Pace in 2014, Executives Say
MANALAPAN, Fla. — Trucking industry acquisitions will continue in 2014 at the stepped-up pace that was seen last year, eight industry leaders said.
February 24, 2014