merger News Updates

Government, Business

Kroger, Albertsons Bracing for January FTC Decision on Deal

Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.

December 14, 2023
Government, Business, Private, TCA

Kroger-Albertsons Merger Draws Protest From State Officials

The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.

August 22, 2023
Business, Logistics, For-Hire

Forward Air Plans Merger With Omni Logistics

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.

August 10, 2023
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

May 12, 2023
Government, Business, Private

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger Co. said it’s committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

May 11, 2023
Government, Business

Buttigieg, DOT Push Crackdown on Transportation Mergers

Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according to Secretary Pete Buttigieg.

March 14, 2023
Government, Business, Logistics, Private

Kroger, Albertsons CEOs Face Senate Questions Over Merger

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

November 30, 2022
Government, Business, Logistics, TCA

Iowa County to Oppose CP-KCS Merger

Supervisors in Scott County, Iowa, plan to pen a letter opposing the merger of two North American rail companies that’s expected to drastically increase train traffic along the Mississippi River there.

August 22, 2022
Government, Business, Logistics, TCA

CSX Purchase of Pan Am Railway Gets Federal Hearing

Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.

January 10, 2022
Business, Logistics, Breaking News

GlobalTranz, Worldwide Express Announce Merger

GlobalTranz Enterprises and Worldwide Express are merging in a deal announced June 11, bringing together two non-asset-based providers of logistics services.

June 11, 2021