Business, Technology, Equipment, Fuel, Autonomous

Analysts View Traton, Navistar Deal as Win-Win

An International truck Navistar reported a near 50% decline in truck sales in the third quarter. (Navistar)

Navistar International Corp. is on the verge of becoming a subsidiary of German truck maker Traton SE, a step analysts said is a positive development for both companies.

Roger Gilroy | Senior Reporter
October 20, 2020
Business, Top 100

Kenan Advantage Group Acquires Canadian-Based Paul’s Hauling

Kenan Advantage Group truck A North Canton Transfer truck carrying fuel in a Kenan Advantage Group tanker trailer. (Kenan Advantage Group)

Kenan Advantage Group has completed its acquisition of Paul’s Hauling Ltd.

October 2, 2020
Business, Equipment

Shyft Group Acquires Aluminum Truck-Body Maker F3 MFG

The Shyft Group has acquired aluminum truck body and accessory manufacturer F3 MFG Inc., it was announced Oct. 1.

October 1, 2020
Business, Logistics

American West Announces Acquisition of Innovative Delivery Systems

American West Worldwide Express closed the acquisition of furniture delivery-service Innovative Delivery Systems, the company announced March 16.

March 23, 2020
Business, Logistics

Nolan Transportation Acquires Eagle Transportation

Nolan Transportation Group, an Atlanta-based non-asset truckload freight brokerage and third-party logistics service, acquired Eagle Transportation, a Mississippi-based freight brokerage specializing in temperature-controlled shipping, according to a Jan. 17 news release.

January 21, 2020

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