acquisition

Business

Canadian Firm Express Mondor Finalizes Acquisition of Transport L’Epiphanie

Express Mondor Express Mondor

Express Mondor has finalized its acquisition and integration of Transport L’ Epiphanie’s entire team and assets, the Canadian freight-hauling company said. Financial terms of the agreement announced on Aug. 23 were not disclosed.

Transport Topics
August 27, 2018
Business, Top 100

New Owner of Sirva Inc. Seeks to Boost Growth for Household Goods Mover

Sirva Sirva Inc. via Youtube

The new owner of Sirva Inc., the nation’s second-largest household goods mover, will try to inject new life into a business that has slumped in recent years due to changing demographics and a slowdown in business relocation activity.

Daniel P. Bearth | Staff Writer
May 25, 2018
Business, Logistics

Ocean Carrier CMA CGM Group to Buy 25% Stake in Ceva Logistics

Ceva Logistics

Ceva Logistics is getting a major new shareholder to go along with a planned initial public stock offering of stock.

Daniel P. Bearth | Staff Writer
April 20, 2018
Business

IMC Cos. Adds H&M to National Drayage Network

IMC Companies

IMC Cos. expanded its intermodal drayage operations with the purchase of H&M Terminal Transport from H&M International Transportation in Iselin, N.J.

Daniel P. Bearth | Staff Writer
January 3, 2018
Opinion

Opinion: Maximize Short-Term Value for Long-Term Gains

Recent company mergers and initial public offerings have brought the value of trucking companies to the forefront.

David Roush | President, KSM Transport Advisors
December 11, 2017
Business

Fleet Brake Agrees to Buy Pulse Heavy Duty

Fleet Brake Parts & Service announced it has entered into a binding letter of intent to acquire the assets of Pulse Heavy Duty, a parts distributor in Dartmouth, Nova Scotia.

Transport Topics
December 4, 2017
Business

Blackstone Acquires Stake in Cloverleaf

Farmers Produce TT File Photo

Warehousing and distribution firms are beginning to attract more interest from investors as demand for storage space nationwide heats up and competition intensifies among smaller players.

November 28, 2017
Business

Heartland Express Profits Drop 37% After Added Expenses From IDC Acquisition

TT File Photo

Heartland Express Inc. announced weaker-than-expected earnings in the third quarter on Oct. 27 as higher expenses related to Interstate Distributor Co. dragged results down despite higher revenue.

Ari Ashe | Staff Reporter
October 27, 2017
Business, Logistics

FBI Group Acquires Third Canadian Freight Brokerage Firm

The FBI Group

Freight Brokers International Corp., a freight brokerage firm in Vaughan, Ontario, that goes by the name The FBI Group, has agreed to acquire another brokerage firm, Consolidated Carriers, based in Markham, Ontario.

Transport Topics
October 10, 2017
Business, Logistics

TMC Workforce Expands Supply Chain Business With Purchase of Summitline Industries

TMC Workforce Solutions, a national staffing and recruiting firm based in Houston, announced it has acquired Summitline Industries in Fort Wayne, Ind., as part of an effort to expand its supply chain support business.

Transport Topics
October 9, 2017

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