Knight-Swift becomes LTL competitor with $1.35B acquisition

CEO Dave Jackson said his firm will benefit from more favorable driver retention and lower equipment costs. 

By Jim Stinson • July 7, 2021

Werner buys ECM Transport for $142M in first TL acquisition

The purchase increases Werner's exposure to high-velocity shipments and shorter hauls, at a time when carriers are eager to hold on to drivers.

By Jim Stinson • July 6, 2021

Explore the 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

M&A will be hard to derail this year, specialists say

Well-capitalized companies, private equity firms and special purpose acquisition companies are expected to be active through year's end.

By Ted Knutson • June 28, 2021

Leonard’s Express expands reefer capacity through M&A as spot rates rise

The carrier is acquiring Holman Transportation Services, which hauls in the food and grocery, dairy, and frozen food industries.

By S.L. Fuller • March 29, 2021

New year brings string of electric-truck deals in the waste industry

After going public via special purpose acquisition companies, several OEMs are linking up with waste specialists to gain a foothold in the sector.

By Maria Rachal • Feb. 24, 2021

‘No sweat’: TFI open to more M&A as it streamlines UPS Freight

To cut UPS Freight costs, TFI is drawing on lessons it learned when it acquired CFI from XPO Logistics in 2016.

By Jim Stinson • Feb. 9, 2021

XPO CEO: More acquisitions possible once spinoff is complete

Bradley Jacobs turned XPO into a trucking powerhouse over the years by growing the LTL company organically and through absorbing other firms.

By Jim Stinson • Jan. 27, 2021

North American M&A deal volume hits record Q4: survey

Pent-up demand, ample available capital, low interest rates and a return in confidence among business leaders will likely push up transaction totals in 2021, one expert said.

By Jim Tyson • Jan. 22, 2021

Why experts are bullish on transport M&A in 2021

"Pent-up" demand to buy is already showing its face this year, with James Richardson & Sons and Wescan Capital acquiring 100% of the shares of Bison Transport.

By Jim Stinson • Jan. 13, 2021

JB Hunt sets out on expedition for final-mile acquisitions

Carriers see opportunity in last mile as e-commerce grows. Buying smaller fleets comes with the books of business, the talent and the know-how to enter the final-mile market.

By Jim Stinson • Dec. 14, 2020

TFI’s textbook M&A strategy could lead to US headquarters

Analysts say integrated operations and perseverance through the pandemic set the company up for bigger buys.

By Jim Stinson • Nov. 25, 2020

Traton to acquire Navistar for $3.7B, entering the North American truck market

The freight market is poised for long-term growth, opening up sales opportunities for OEMs.

By Jim Stinson • Oct. 19, 2020

Deloitte: M&A is picking up as tech firms focus on partnerships, joint ventures

Partnerships in truck technology have been a common occurrence this year, with OEMs, brokers and fleets pooling resources to develop products.

By Robert Freedman • Oct. 12, 2020

TFI scoops up another US subsidiary for $225M

The Canadian carrier will acquire DLS, based near Chicago, as fleets north of the border tap into opportunities in the U.S. economy.

By Jim Stinson • Sept. 16, 2020

TFI buys Apps Transport Group, expanding LTL and intermodal portfolio

Apps generates roughly $76 million in annual revenue, fitting TFI's strategy to make smaller acquisitions amid down market conditions.

By S.L. Fuller • Aug. 31, 2020

PwC: Transportation, logistics M&A activity to pick up speed

Though investors are expected to remain cautious, the focus on liquidity should spark divestments in the industry, the firm said.

By Ted Knutson & S.L. Fuller • Aug. 4, 2020

TFI buys Keith Hall & Sons in 3rd specialized TL acquisition of 2020

The Montreal-based fleet is snapping up specialized TL carriers as the economy creates buying opportunities.

By Jim Stinson • Aug. 3, 2020

PS Logistics buys Comcar’s CT Transportation as carrier files for bankruptcy

As the economy wobbles, some carriers with cash court distressed competitors.

By Jim Stinson • Updated June 30, 2020

YRC troubles increase as Stifel suspends estimate, ratings

As YRC struggles to attain profitability, analysts expect LTL competitors to gain from the carrier's woes.

By Jim Stinson • May 14, 2020

COVID-19 puts the brakes on transport M&A

A recessionary economy will provide an opportunity for buyers with a cash cushion, but deeper into the second quarter of the year, it will become difficult to close deals, analysts said.

By Jim Stinson • March 23, 2020