acquisition

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
Business

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.

Transport Topics
February 19, 2019
Business

GTI Transport Acquires Specialized Division of Precision Truck Lines

Precision Specialized Division truck Precision Specialized Division truck via Precision Specialized Division/YouTube

GTI Transport Solutions has purchased the specialized heavy-haul division of Precision Truck Lines and will move the business to a new location in Brantford, Ontario, where it will continue to operate with the same management and personnel under the name Precision Specialized Inc.

Transport Topics
February 19, 2019
Business, Technology

Brixey & Meyer Capital Acquires CityDash

Investment firm Brixey & Meyer Capital announced it has acquired CityDash, a company based in Cincinnati that offers local and regional delivery services for packages and freight.

February 7, 2019
Business, Technology

Auto Driveaway Adds Truck Hauling With Purchase of J&J Driveaway

J&J Driveaway cab hauler J&J Driveaway provides drivers to move heavy-duty trucks. (J&J Driveaway)

Auto Driveaway, a company based in Lombard, Ill., that supplies drivers to move vehicles for corporations and fleet management firms, is buying J&J Driveaway and J&J Freight Brokers, companies that provide drivers to move heavy-duty trucks.

Daniel P. Bearth | Staff Writer
January 23, 2019
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

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