Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.
January 27, 2025Transportation Acquisition News Updates
Our acquisition articles provide the latest insights into trucking acquisitions and logistics mergers. Stay informed on industry trends, market shifts, and key developments that impact trucking and logistics professionals.
Trimac Buys Flatbed Specialist Watt & Stewart
Diversified Energy to Buy Maverick Natural Resources
Diversified Energy agreed to acquire Texas-based energy producer Maverick Natural Resources to expand its scale as U.S. President Donald Trump makes higher oil production a key priority.
January 27, 2025Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO
Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
January 24, 2025AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking
Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.
January 8, 2025Forward Air Probes Sale, Merger, Divestment Options
Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
January 8, 2025BlueGrace Acquires FreightCenter in Logistics Tech Push
BlueGrace Logistics has acquired online transportation services provider FreightCenter in a move it said will expand its customer base and enhance logistics services.
January 7, 2025Pitt Ohio Buys LTL Carrier Sutton Transport
Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.
January 7, 2025Nippon Steel Offers Biden Veto Power to Win US Steel Deal
The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.
January 2, 2025Nippon Steel’s Growth Strategy Murky After Likely US Block
The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.
December 16, 2024Hershey’s Main Owner Rejects Mondelez’s Offer as Too Low
The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said.
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