Mergers & Acquisitions


  • Taylor Swift The Eras Tour Shomotion
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    Provided by Shomotion

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    Tennessee coach company acquires 2 entertainment transportation businesses

    Dreamliner will expand its transportation niche with carriers that have worked with Taylor Swift and Jelly Roll.

    By Oct. 15, 2024
  • Forward Air Corp
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    Provided by Brunswick Group

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    Forward Air investors push for company sale

    Investment firms are urging the board to launch a formal sales process, following a wave of executive departures and a rough acquisition.

    By Oct. 10, 2024
  • Driving on open road at beautiful sunny day. Aerial view of highway. Explore the Trendline
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    valio84sl via Getty Images
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    Trendline

    Top 5 stories from Trucking Dive

    These five stories detail the top trends and issues facing the trucking and transportation industry. 

    By Trucking Dive staff
  • West Side Transport tractors lined up in a cascading row.
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    Permission granted by EVO
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    EVO acquires Midwest-based carrier in move to diversify its freight

    The acquisition will also give "huge density in the Midwest market,” President and COO Kris Kohls said in an interview with Trucking Dive.

    By Sept. 30, 2024
  • A FedEx Freight truck is stationed at a dock door.
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    Courtesy of FedEx Freight
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    FedEx Freight slashes spending 62% ahead of potential spinoff

    The logistics giant nearly halved overall truck and trailer expenditures last quarter.

    By Updated Sept. 20, 2024
  • Trash truck
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    Courtesy of Casella Waste Systems
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    Casella expanding in New York and Connecticut with latest acquisition

    The family-owned waste haulers, Royal Carting and Welsh Sanitation, are expected to generate over $90 million in annualized revenues.

    By Megan Quinn • Sept. 20, 2024
  • Air Van tractor shipping container
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    Provided by Air Van

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    Air Van acquires Imeson Distribution Center

    The third-party logistics provider grew its warehouse space by 700,000 square feet. 

    By Sept. 16, 2024
  • A worker at a Groendyke Transport tanker.
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    Permission granted by Groendyke Transportation
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    Groendyke to acquire New Jersey-based tanker business

    The deal will help the hazmat and asphalt transportation provider regain a presence in the Northeast.

    By Sept. 5, 2024
  • BRW intermodal Haney and White B.R. Williams Trucking
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    Photo provided by Haney and White

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    Haney and White acquires Alabama carrier, LTL brokerage

    The combined operations with B.R. Williams will operate as BRW, employing 300 people across four states. 

    By Aug. 30, 2024
  • An ACT trucker drives on a Texas highway next to passenger vehicles in May 2024 under a clear blue sky.
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    David Taube/Trucking Dive
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    Knight-Swift expects to open 38 LTL service centers this year

    CEO Adam Miller said the locations will add more than 1,000 doors to the company’s network, a 22% increase.

    By Aug. 27, 2024
  • Two people laugh behind a replica cake of an A. Duie Pyle truck, the trucks trailer reads, “100 service since 1924”.
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    Permission granted by Philip-Gabriel/A. Duie Pyle
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    Deep Dive

    ‘Absolutely committed’: A. Duie Pyle celebrates 100th anniversary as a family-owned company

    The Pennsylvania-based carrier survived a strike, deregulation and other challenges to grow into a premier Northeast regional LTL provider national competitors want to acquire.

    By Aug. 20, 2024
  • Car Carrier truck
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    georgeclerk via Getty Images
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    Proficient Auto Logistics to acquire Utah-based carrier

    The company’s acquisition of Auto Transport Group adds a sixth vehicle transporter to its portfolio.

    By Aug. 15, 2024
  • A driver stands near an open CMW Express trailer surrounded by other trailers in a company parking lot.
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    Courtesy of CMW Express
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    TFI acquires 2 more Canada-based carriers

    The freight giant's acquisition of CMW Express brought subsidiary FRL Express along with it.

    By Aug. 14, 2024
  • GLS Group DC Logistics
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    Provided by GLS Group

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    DC Logistics deal with GLS will revive Mountain Valley Express

    The acquisition, expected to close next month, is part of DC Logistics’ ambition to grow into one of the nation’s 20 largest LTL carriers. 

    By Aug. 13, 2024
  • Forward Air truck in motion
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    Provided by Forward Air

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    Forward Air’s Omni acquisition spurs nearly $1B net loss in Q2

    The LTL carrier expects a return to positive cash flow in the second half of the year.

    By Aug. 9, 2024
  • FST Logistics truck
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    Provided by FST Logistics

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    FST Logistics acquires Dancer Logistics

    The purchase expands the Ohio-based 3PL services provider’s Midwest presence.

    By Aug. 7, 2024
  • A photo of the forecourt of a gas station. The canopy reads "Love's."
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    Jessica Loder/Trucking Dive
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    Love’s adds to finance arm

    The travel stop company’s acquisition of REV Capital’s U.S. transportation factoring portfolio is part of its plan to enhance its financial services business.

    By Jessica Loder • Aug. 6, 2024
  • sennder Technologies GmbH C.H. Robinson Worldwide
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    Provided by sennder Technologies GmbH

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    CH Robinson to sell European Surface Transportation business

    The move will allow the brokerage to focus on boosting profitability in North America.

    By July 31, 2024
  • Two of Dependable Highway Express' Volvo VNR Class 8 EV trucks sit next to a forklift and another DHE truck in a parking lot.
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    Courtesy of Volvo
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    Knight-Swift acquires Southwestern LTL carrier

    Dependable Highway Express has 14 service centers and 600 employees in California, Nevada and Arizona.

    By July 30, 2024
  • Ryder System warehouse trucks
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    Obtained from Business Wire

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    Ryder Systems Q2 operating revenue jumps 10%

    The South Florida-based transportation conglomerate credits the acquisition of Cardinal Logistics for providing a boost to its dedicated business.

    By July 29, 2024
  • Saia tractors without trailers at a lot in Cresson, Pennsylvania
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    Thai Phi Le/Trucking Dive
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    Saia operating income grows 14% as it adds terminals

    The carrier's operating income increased 14.4% in Q2 as it opened or relocated eight facilities.

    By July 29, 2024
  • A Knight Transportation trailer is hauled on I-95 in Virginia in April 2023.
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    David Taube/Trucking Dive
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    Knight-Swift operating income plummets 32.5%

    A $12.5 million auto liability claim outweighed gains from its LTL segment and U.S. Xpress Enterprises acquisition.

    By July 26, 2024
  • A Groupe CRS Express truck.
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    Courtesy of Groupe CRS Express
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    TFI acquires Canada-based flatbed hauler

    The freight giant continues to bolster its truckload unit ahead of an anticipated spinoff.

    By July 16, 2024
  • An exterior photo shows Estes Express Lines' new terminal in St. Cloud, Minnesota.
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    Courtesy of Estes Express Lines
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    Estes reopens former Yellow terminals in Minnesota, California

    The carrier acquired the leases to the St. Cloud and San Fernando sites along with two dozen properties from the shuttered LTL last year.

    By July 3, 2024
  • A black Veneer Chip Transport truck is parked on a gravel road next to a wooden fence.
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    Courtesy of Veneer Chip Transport
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    Veneer Chip Transport acquires bulk, livestock hauler

    The acquisition of Signature Transport's assets and property in Kelso, Washington, is expected to boost Veneer's service.

    By July 2, 2024
  • Wellington Group of Companies Contract Express generic truck
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    benkrut via Getty Images
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    Wellington Group acquires Contract Express

    The deal expands the Canada-based logistics company’s brokerage, truckload and LTL services.

    By June 28, 2024