Mergers & Acquisitions: Page 3
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Photo provided by Haney and White
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 Larry Avila • Aug. 30, 2024 -
David Taube/Trucking Dive
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 David Taube • Aug. 27, 2024 -
Permission granted by Philip-Gabriel/A. Duie Pyle
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 Colin Campbell • Aug. 20, 2024 -
georgeclerk via Getty Images
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 Larry Avila • Aug. 15, 2024 -
Courtesy of CMW Express
TFI acquires 2 more Canada-based carriers
The freight giant’s acquisition of CMW Express brought subsidiary FRL Express along with it.
By Colin Campbell • Aug. 14, 2024 -
Provided by GLS Group
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 Larry Avila • Aug. 13, 2024 -
Provided by Forward Air
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 Larry Avila • Aug. 9, 2024 -
Provided by FST Logistics
FST Logistics acquires Dancer Logistics
The purchase expands the Ohio-based 3PL services provider’s Midwest presence.
By Larry Avila • Aug. 7, 2024 -
Jessica Loder/Trucking Dive
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 -
Provided by sennder Technologies GmbH
CH Robinson to sell European Surface Transportation business
The move will allow the brokerage to focus on boosting profitability in North America.
By Larry Avila • July 31, 2024 -
Courtesy of Volvo
Knight-Swift acquires Southwestern LTL carrier
Dependable Highway Express has 14 service centers and 600 employees in California, Nevada and Arizona.
By Colin Campbell • July 30, 2024 -
Obtained from Business Wire
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 Larry Avila • July 29, 2024 -
Thai Phi Le/Trucking Dive
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 Colin Campbell • July 29, 2024 -
David Taube/Trucking Dive
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 Larry Avila • July 26, 2024 -
Courtesy of Groupe CRS Express
TFI acquires Canada-based flatbed hauler
The freight giant continues to bolster its truckload unit ahead of an anticipated spinoff.
By Colin Campbell • July 16, 2024 -
Courtesy of Estes Express Lines
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 Colin Campbell • July 3, 2024 -
Courtesy of Veneer Chip Transport
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 Colin Campbell • July 2, 2024 -
benkrut via Getty Images
Wellington Group acquires Contract Express
The deal expands the Canada-based logistics company’s brokerage, truckload and LTL services.
By Larry Avila • June 28, 2024 -
Courtesy of FedEx Freight
The next big LTL shakeup? FedEx explores options for Freight division
Any sale or spinoff would follow a shift by large carriers toward pure-play operations — and could further consolidate an LTL sector still reeling from Yellow’s demise.
By Colin Campbell • June 27, 2024 -
Thai Phi Le/Trucking Dive
Saia reopens Yellow terminals in Texas, California, Minnesota
The site in Laredo, Texas, one of the carrier’s most expensive acquisitions, will support its partnership with Fletes México.
By Colin Campbell • June 25, 2024 -
Courtesy of XPO
RXO to acquire UPS’ Coyote Logistics
The parcel giant expects to complete the $1.025 billion deal by the end of 2024.
By David Taube • June 24, 2024 -
Provided by C.H. Robinson
CH Robinson promotes COO to chief strategy, innovation officer
Arun Rajan, who also previously served as chief technology officer, took on the newly created role last week.
By David Taube • June 24, 2024 -
Provided by Brunswick Group
Forward Air announces layoffs following Omni acquisition
The company did not disclose the number of jobs eliminated but said the cuts were “necessary to right-size the combined companies” and cut costs.
By Larry Avila • June 21, 2024 -
Provided by TFI International
TFI acquires Canada food tank hauler
Entreposage Marco specializes in edible products, including various oils, liquid cream yeast, sweeteners and fruit juices.
By Colin Campbell • June 20, 2024 -
Grandriver via Getty Images
Radiant Logistics acquires Seattle-based Cascade Transportation
The acquisition expands the 3PL’s presence in the retail, e-commerce and production furniture markets.
By Larry Avila • June 14, 2024
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