Rinchem Co. Acquires Carolina Tank Lines

Chemical management services company Rinchem Co. announced it acquired Carolina Tank Lines, a carrier based in Burlington, N.C.

October 18, 2019

Kottke Trucking Acquires Wayne T. Fellows Inc.

Kottke Trucking vehicle. A Kottke Trucking vehicle. (Kottke Trucking)

Kottke Trucking Inc. has acquired Wayne T. Fellows Inc., a trucking company focused on refrigerated less-than-truckload and truckload shipping based out of Davenport, Fla., according to Kottke officials.

Jim Stinson | Staff Reporter
August 7, 2019
Business, Logistics

Performance Food to Buy Rival Supplier Reinhart for $2 Billion

Jon Grayson/Flickr

Performance Food Group Co. agreed to buy Reinhart Foodservice for $2 billion in a combination of U.S. food suppliers.

Eric Pfanner | Bloomberg News
July 1, 2019
Business, Logistics

Brookfield Buys Rail Operator Genesee for $8.4 Billion

Luke Sharrett/Bloomberg News

An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

Ma Jie and Thomas Black | Bloomberg News
July 1, 2019
Business, Fuel

Chevron Walks Away From $33 Billion Deal to Buy Anadarko

Oil Rig Luke Sharrett/Bloomberg News

Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a monthlong bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.

Joe Carroll and David Wethe | Bloomberg News
May 9, 2019
Business, Fuel

Anadarko Accepts Occidental Petroleum Bid; Chevron to Make Counteroffer?

Oil Rig Craig Hartley/Bloomberg News

Anadarko Petroleum Corp.’s board has declared Occidental Petroleum Corp.’s sweetened $38 billion takeover “superior,” giving Chevron Corp. until May 10 to either boost its offer or walk away from the oil industry’s biggest deal in at least four years.

May 7, 2019
Business, Equipment

Ridgemont Equity Partners Buys Munch’s Supply

Munch's Munch's Supply

Ridgemont Equity Partners acquired Munch’s Supply, a wholesale distributor of heating, ventilation and air conditioning equipment and supplies based in New Lenox, Ill., from Rotunda Capital Partners.

April 16, 2019
Business, Logistics

DSV to Buy Panalpina in $4.6 Billion European Logistics Deal

Carsten Snejbjerg/Bloomberg News

DSV A/S agreed to acquire Swiss rival Panalpina Welttransport Holding AG in a deal worth $4.6 billion that will create one of the world’s largest cargo-handling and logistics companies

April 1, 2019
Business, Logistics

Lineage Logistics Buys Preferred Freezer Services

Warehouse Lineage Logistics warehouse (TT File Photo)

Refrigerated storage company Lineage Logistics of Novi, Mich., said it has agreed to purchase Preferred Freezer Services, a network of temperature-controlled cold storage warehouses based in Chatham, N.J.

Jim Stinson | Staff Reporter
February 26, 2019

Dickinson Fleet Services Purchases Highway Express Trailer Repair Co.

Dickinson Fleet Services service truck Dickinson Fleet Services

Dickinson Fleet Services announced the purchase of Highway Express Trailer Repair Co., a move that expands the company’s trailer repair business in the Chicago-area market.

February 19, 2019