Transportation Acquisition News Updates

Forward Air Corp. noted first-quarter headwinds, plus the loss of a major portion of business, while reporting financial results May 7.

Union Pacific and Norfolk Southern say their proposed merger would save shippers $3.5 billion annually in an amended merger application filed April 30.

Analysts say Shell's purchase of Canada’s Arc Resources marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports.

The derailment in East Palestine, Ohio, has boosted earnings in recent quarters as the railroad collected insurance payments, but that wasn't the case this time.

Mullen Group’s record first-quarter revenue was primarily driven by acquisitions, the Canadian carrier noted in its earnings report April 23.

Union Pacific delivered 5% higher earnings in Q1 as the railroad prepares to convince regulators that its $85 billion acquisition of Norfolk Southern is a good idea.

The TopBuild acquisition makes QXO the second-largest publicly traded building products distributor in North America.

Nippon Express will acquire Metro Supply Chain Group for as much as $1.6 billion to strengthen its logistics presence in North America.

TFI International-owned TA Dedicated is adding Minneapolis-based warehousing and distribution company Triangle Warehouse to its operations, the carrier said.

Carrier Logistics has been acquired by midmarket private equity firm STG Partners in a move aimed at accelerating the development of agentic artificial intelligence.