mergers News Updates

BusinessTechnologyEquipmentLogistics

Trucking Titans Share M&A Tips

ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.

March 9, 2023
BusinessLogistics

Trucking M&A Expert Doesn’t Expect Slowdown

The market for mergers and acquisitions in trucking is poised to stay robust, but could undergo some changes, an expert said during a recent industry event.

January 27, 2023
BusinessLogistics

Trucking M&A Activity Heads Toward Year-End Boost

The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.

November 21, 2022
BusinessLogistics

Logistics Firm Terra Worldwide Explores $1 Billion Sale

Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.

August 1, 2022
BusinessLogisticsFor-Hire

Trucking Continues to See Robust M&A Market

Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.

May 12, 2022
BusinessLogistics

Becker Logistics Acquires Trek Freight Services

Becker Logistics has acquired third-party logistics company Trek Freight Services, it was announced March 28.

March 28, 2022
BusinessLogistics

Chicago Commuter Rail System Opposes Proposed CP-KCS Merger

One of the largest commuter railroads in the country is objecting to the proposed $31 billion merger between Class I freight rail carriers Canadian Pacific Railway and Kansas City Southern.

March 25, 2022
BusinessTechnologyEquipmentLogistics

How Software Helps Enable Industry Consolidation

The trucking industry has undergone further consolidation amid a surge of acquisitions, and software has enabled much of that.

December 23, 2021
BusinessLogistics

Trucking Acquisitions Show No Signs of Slowing Down

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.

October 7, 2021
BusinessTechnologyFuelAutonomous

Xos to Go Public and Expand Battery-Electric Vehicle Production

Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.

February 22, 2021