Cline Wood Agency Sold to Marsh & McClennan
Marsh & McLennan Agency, a unit of global insurer Marsh, announced the acquisition of trucking and commercial agriculture's Cline Wood Agency, a Kansas City-area company.
August 4, 2015Descartes Makes Two Acquisitions for $87.5 Million
Descartes Systems Group, a Canadian logistics services provider, is acquiring BearWare Inc. and MK Data Services for a total of $87.5 million.
July 24, 2015TransForce Buys Davis Transportation Services, Another Driver Sourcing Firm
TransForce Inc. has acquired Davis Transportation Services, another driver staffing company.
April 20, 2015Ingersoll Rand Completes Frigoblock Acquisition
Ingersoll Rand has completed its previously announced acquisition of Frigoblock, a European manufacturer of transport refrigeration units, for 100 million euros (about $108 million).
March 9, 2015Trucking, Logistics Acquisitions Expected to Continue in 2015
The hot 2014 trucking and logistics acquisitions market is likely to continue this year, driven by fleets’ need to secure capacity, rising economic expectations and a flood of available cash to pay for deals, analysts said.
March 9, 2015Toll Holdings Agrees to Buyout by Japan Post
Toll Holdings Ltd., a transportation and logistics firm based in Australia and a major freight forwarder in the United States and Canada, said it has agreed to a buyout by Japan Post.
February 19, 2015Trucking Acquisitions Likely to Continue at Strong Pace in 2014, Executives Say
MANALAPAN, Fla. — Trucking industry acquisitions will continue in 2014 at the stepped-up pace that was seen last year, eight industry leaders said.
February 24, 2014Burst of Acquisition Interest May Alter Large Fleet Lineup
A sudden burst of acquisition activity surfaced in a three-day span last week involving four of the nation’s largest trucking fleets, including two offers for the less-than-truckload assets of Vitran Corp. and a $95 million bid by Knight Transportation Inc. for USA Truck Inc.
September 30, 2013Duff Brothers Capital Completes Acquisition of Frozen Food Express
Duff Brothers Capital said it has completed its previously announced acquisition of Frozen Food Express for $2.10 per share, in a deal valued at about $38.2 million.
August 21, 2013Opinion: Sold! Buying or Selling a Trucking Firm
In preparation for an acquisition or divestiture, carriers must be conscious of the challenges associated with these transactions. Too often, owners and management come to the deal table wishing they had been better prepared.
July 2, 2012