Acquisitions

Business, Logistics

GTI Acquires Jetco to Establish US Operational Platform

GTI Transport Solutions Inc., a provider of open-deck, specialized and overdimensional freight services, has acquired Jetco, a Houston-based carrier, according to a news release by GTI and its parent company, Novacap of Montreal.

May 13, 2019
Business, Logistics

Redwood Logistics Acquires Eminent Global Logistics

Redwood Logistics acquired Eminent Global Logistics, a transportation management systems implementation and service company, according to a May 9 news release.

May 13, 2019
Business

AE Industrial Partners Acquires Alpine Air Express

AE Industrial Partners has acquired Provo, Utah-based Alpine Air Express Inc., a logistics and transportation company providing regional air cargo services, according to an AEI news release.

May 10, 2019
Business, Logistics

Universal Logistics Acquires Michael’s Cartage

Universal Logistics Holdings Based in Warren, Mich., Universal Logistics operates throughout the United States, Mexico, Canada and Colombia. (TT file photo)

Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.

May 3, 2019
Business

Aterian Acquires Xpress Global Systems

Aterian Investment Partners, a private investment firm, said it has acquired Xpress Global Systems.

Transport Topics
December 28, 2018
Business, Top 50

DSV Ends Bid to Acquire Ceva Logistics

DSV Truck DSV/Youtube

DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.

Christian Wienberg and Albertina Torsoli | Bloomberg News
October 24, 2018
Business, Fuel

Mansfield Energy Acquires FuelTrac

Mansfield Energy Corp. has purchased FuelTrac, a fleet fuel management company based in Baton Rouge, La.

Transport Topics
August 6, 2018
Business, Logistics, Top 50

Peoples Services Acquires Grimes Cos. to Expand in Southeast

Peoples Services Peoples Services Inc.

Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.

Transport Topics
April 18, 2018
Business

Englander Transportation Acquires Three Companies

Englander Transportation has acquired three Mountain City, Tenn., trucking companies, which will significantly increase Englander’s size.

Transport Topics
April 6, 2018
Business

GlobalTranz Acquires Utah’s Apex Logistics

Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price.

Transport Topics
December 11, 2017

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