Acquires
Business, Fuel

Marathon to Buy Andeavor in $23.3 Billion Oil-Refining Deal

Paul Rosemeyer/Flickr

Marathon Petroleum Corp. agreed to buy rival oil refiner Andeavor for $23.3 billion in a deal that would create the largest independent fuel maker in the United States.

Dan Murtaugh and Naureen S Malik | Bloomberg News
April 30, 2018
Business, Technology, Equipment, Autonomous, TCA

LG Acquires ZKW in Its Largest Takeover; Focus Shifts to Lighting Self-Driving Cars

SeongJoon Cho/Bloomberg News

South Korean electronics group LG aims to become the world leader in lighting self-driving cars, by taking over Austrian car lights specialist ZKW for an estimated $1.3 billion, LG announced April 26.

dpa | (Hamburg, Germany)
April 26, 2018
Business, Logistics

Canadian Logistics Firm Plans Significant US Expansion After Acquiring Houston Company

takenbykevin/Flickr

Montreal-based Logistec Corporation said it is significantly expanding its business operations in the United States with the acquisition of Gulf Stream Marine, a Houston cargo handling, stevedoring and terminal operator in the Gulf Coast region.

Transport Topics
March 19, 2018
Business

RoadOne Buys Jarvis Trans

RoadOne IntermodaLogistics

RoadOne IntermodaLogistics purchased Jarvis Trans Inc., to continue its expansion in the Northeast.

Transport Topics
March 12, 2018
Business, Equipment

Goodyear Agrees to Acquire Ventech Systems

Goodyear Tire & Rubber Co.

The Goodyear Tire & Rubber Co. agreed to acquire Germany-based Ventech Systems GmbH, a supplier of automated tire inspection technology it has worked with for three years, from Grenzebach Maschinenbau GmbH, it said.

Transport Topics
September 22, 2017
Business

Hub Group to Acquire Estenson Logistics for $306 Million

Hub Group

Hub Group has reached a deal to acquire Estenson Logistics for $306 million, which, if approved, would combine the Nos. 28 and 46 companies, respectively, on the Transport Topics Top 50 list of the largest logistics companies in North America.

Transport Topics
May 26, 2017
Business

KAR Auction Services Acquires Transport Division of Dependable Auto Shippers

KAR Auction Services, a holding company for used vehicle auctioneer ADESA, Automotive Finance Corp. and Insurance Auto Auctions, a firm that resells total-loss vehicles, has purchased the vehicle transportation business of Dependable Auto Shippers, a company based in Mesquite, Texas, that filed for Chapter 11 bankruptcy in December.

Daniel P. Bearth | Senior Features Writer
May 25, 2017
Business

U.S. Concrete Buys Sand Supplier in New Jersey

U.S. Concrete

U.S. Concrete has acquired assets of Corbett Aggregates Cos. in Quinton, N.J., in a move to control the supply of sand for its ready-mixed concrete operations in New York City and to supply other customers.

Transport Topics
April 24, 2017
Business

Kenworth Dealer Rihm Acquires LTX Inc.

Rihm Family Cos. Inc.

Kenworth dealership Rihm Family Cos. Inc. said it acquired LTX Inc., which owns Lawrence Leasing Inc., the operator of Lawrence NationaLease — a commercial truck leasing company with 15 locations in Minnesota, Wisconsin, and South Dakota.

Transport Topics
January 20, 2017
Business

Investment Companies Buy Majority Stake in Pilot Freight

Pilot Freight Services

Two investment companies have acquired a majority interest in air cargo and package operator Pilot Freight Services, the carrier announced, saying the move would enhance its service and growth aspirations.

Transport Topics
October 26, 2016

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