Mergers & Acquisitions
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Permission granted by Tim Haitz, Standard Forwarding Freight
DHL sells 91-year-old Midwest LTL carrier
New owner Sakaem Holdings rebranded Standard Forwarding and filled its leadership with Jack Cooper and Yellow alumni.
By Colin Campbell • Feb. 19, 2025 -
Sundry Photography via Getty Images
Competitors weigh in on impending FedEx spinoff
Old Dominion, Saia, XPO and ArcBest all fielded questions from analysts about how the move might affect their operations and the broader LTL market.
By Colin Campbell • Feb. 12, 2025 -
Explore the Trendline➔
valio84sl via Getty Images
TrendlineTop 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
Courtesy of Estes Express Lines
Estes Express Lines relocates Indiana terminal
The larger South Bend facility was formerly home to USF Holland, an affiliate of Yellow Corp., which sold off its terminals after filing for bankruptcy in 2023.
By Haley Cawthorn • Feb. 12, 2025 -
Courtesy of XPO
XPO sells terminal in New York City for $50M
The carrier moved to a larger facility in Brooklyn it acquired from Yellow Corp., a spokesperson told Trucking Dive.
By Colin Campbell • Feb. 12, 2025 -
Permission granted by SMC3
SMC3 Jump Start 2025Economy, M&A, dueling pianos headline SMC3 conference
Trucking and logistics leaders traveled to Atlanta to network and attend educational sessions at Jump Start 2025.
By Colin Campbell • Feb. 6, 2025 -
Provided by Nikola Canada.
Walmart Canada to sell trucking business
Canada Cartage will operate the retail giant’s Canadian fleet, which ships deliveries to over 400 of its stores in the country.
By Alejandra Carranza • Feb. 4, 2025 -
Sundry Photography via Getty Images
Trucking anticipates more M&A, less regulation in 2025
The industry expects freight demand improvement and other positive economic trends this year.
By Colin Campbell • Feb. 3, 2025 -
Colin Campbell/Trucking Dive
SMC3 Jump Start 2025Tech, culture determine success of LTL trucking M&A
Knight-Swift, AAA Cooper Transportation and Standard Forwarding Freight leaders said execution and relationships are critical to closing and integrating acquisitions.
By Colin Campbell • Jan. 28, 2025 -
Jon Tetzlaff via Getty Images
5 trucking storylines to watch in 2025
Beyond rate and regulatory shifts, executives are eyeing FedEx Freight’s spinoff, Knight-Swift’s growing LTL operation and a major TFI International acquisition.
By Colin Campbell • Jan. 27, 2025 -
Courtesy of Lew Thompson & Son Trucking
Covenant pays poultry carrier another multimillion-dollar performance award
The $100 million acquisition of Lew Thompson & Sons Trucking in 2023 included up to $30 million in earnouts.
By Colin Campbell • Jan. 24, 2025 -
Courtesy of A. Duie Pyle
A. Duie Pyle reopens 2 former Yellow terminals in Pennsylvania
The sites in Camp Hill and Erie are among 4 service centers the carrier acquired from the bankrupt competitor.
By Colin Campbell • Jan. 23, 2025 -
Colin Campbell/Trucking Dive
Estes, R+L Carriers acquire 12 more Yellow terminals
The carriers spent a combined $192.5 million on the bankrupt competitors' properties.
By Colin Campbell • Jan. 13, 2025 -
Art Wager via Getty Images
AIT Worldwide Logistics acquires Missouri-based trucking firm
The acquisition of an electronics hauler includes more than 60 trucks and nearly 100 employees.
By David Taube • Jan. 13, 2025 -
5 questions about FedEx’s planned Freight spinoff
The parcel giant’s planned move raises questions about timing, leadership and impact on the rest of the LTL market. Here’s what we know so far.
By Colin Campbell • Jan. 10, 2025 -
Benita Taube
Key trucking trends to watch in 2025: tariffs, M&A and rate changes
“The macroeconomy looks good,” one economist said. “But at the same time, we do see policy shocks.”
By David Taube , Colin Campbell • Jan. 9, 2025 -
Courtesy of C.H. Robinson
Q&ACH Robinson CEO discusses technology, M&A, freight cycle
Generative artificial intelligence is reducing time spent on tasks from hours to minutes, CEO Dave Bozeman told Trucking Dive in an interview.
By David Taube • Jan. 3, 2025 -
Courtesy of FedEx Freight
‘The right time’: FedEx will spin off FedEx Freight LTL unit
FedEx Freight will be separated from the parcel giant, creating a new publicly traded company, the board announced.
By Colin Campbell • Dec. 19, 2024 -
Permission granted by ABF Freight
Keys to longevity: Business lessons from three 100-year-old LTL carriers
Dedication to customers and employees, plus investments in growth, are critical to long-term success, executives told Trucking Dive.
By Colin Campbell • Dec. 19, 2024 -
Anna Moneymaker/Getty Images via Getty Images
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
Permission granted by Saia
Deep Dive‘A whirlwind’: Saia sprints toward nationwide ambitions in 100th year
The Georgia-based LTL carrier spent $1 billion and reopened more than 20 former Yellow Corp. terminals in its centennial year.
By Colin Campbell • Dec. 17, 2024 -
Provided by Schneider National
Why trucking M&A accelerates at the end of the year
Taxes, budgets and other pressures to close before the next year come into play.
By Colin Campbell • Dec. 13, 2024 -
Oleh_Slobodeniuk via Getty Images
Mullen Group budgets $150M for acquisitions next year
With the help of M&A, the Canada-based transportation conglomerate seeks 10% growth in 2025.
By David Taube • Dec. 12, 2024 -
Courtesy of Estes Express Lines
Estes reopens former Yellow terminals
The facilities are among the two dozen properties and a dozen leases the Virginia-based carrier acquired in last year's bankruptcy auction.
By Colin Campbell • Dec. 6, 2024 -
Mario Tama via Getty Images
SEC fines UPS $45M for overvaluing LTL unit ahead of sale
TFI International acquired UPS Freight, which it rebranded to TForce Freight, for $800 million in 2021.
By Colin Campbell • Dec. 5, 2024 -
Permission granted by Canada Cartage
Canada Cartage to acquire western reefer carrier
The deal with Coastal Pacific Xpress furthers the Ontario-based carrier’s foray into the U.S. with more M&A.
By David Taube • Dec. 4, 2024
