Acquisitions

Business, Equipment, Fuel

Diesel Forward Acquires Dipaco

Worker at Diesel Forward plant A production worker at a Diesel Forward facility. Diesel Forward provides aftermarket diesel-engine fuel systems and technical components for light-, medium- and heavy-duty and off-highway vehicles. (Diesel Forward)

Diesel Forward is expanding its diesel fuel systems services by increasing its repair parts offering with the acquisition of Dipaco.

January 14, 2021
Business, Technology, Equipment, Safety

Clarience Technologies Acquires Ecco Safety Group

Clarience products Clarience brands include Truck-Lite, Davco Technology, Road Ready, Rigid Industries and Lumitec. (John Sommers II for Transport Topics)

Clarience Technologies announced it acquired Ecco Safety Group, which has nearly 50 years of experience in research, design, development, manufacturing and distribution of emergency lighting and audible warning equipment for commercial and emergency vehicles for global markets.

January 6, 2021
Business, Logistics, Top 50, Top 100

XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics

XPO truck XPO said the transaction expands its contract logistics network in the U.K. and Ireland to 248 locations and about 26,000 employees. (XPO Logistics)

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

January 4, 2021
Business, Logistics

COVID Drives Trucking Industry Consolidation

JTL Carriers Titan Transfer announced Dec. 9 that it acquired the assets of JTL Carriers. (JTL Carriers)

The economic fallout from the impact of the coronavirus pandemic has prompted a number of carriers to consolidate.

Connor D. Wolf | Staff Reporter
December 16, 2020
Business, Logistics

XPO’s Europe Unit Sale Said to Slow as Blackstone Drops Out

XPO Logistics tractors and trailers sit at a distribution point in San Francisco bay in July 2019. Andrei Stanescu/Getty Images

XPO Logistics Inc.’s sale of its European supply chain business has slowed after a key bidder dropped out of the process, people with knowledge of the matter said.

November 23, 2020
Business, Technology

Descartes Bolsters Final-Mile Capabilities With ShipTrack Acquisition

Descartes/ShipTrack shiptrackapp.com

Transportation software firm Descartes Systems Group has purchased ShipTrack, a provider of shipment tracking technology for final-mile carriers, for about $19 million.

Seth Clevenger | Managing Editor, Features
November 9, 2020
Business, Top 100

Kenan Advantage Group Acquires Canadian Firm Beaulac

Kenan Advantage Group tanker trailer on truck Kenan Advantage Group

Kenan Advantage Group has completed the acquisition of Les Distributions Carl Beaulac Inc., the company announced Sept. 18.

September 18, 2020
Business, Logistics, Top 100

Canadian Carrier Fastfrate Group Acquires Bestway

Fastfrate containers A Canadian Pacific train hauls Fastfrate containers. (Fastfrate)

Less-than-truckload and logistics company Fastfrate Group has acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, Fastfrate announced Aug. 10.

Dan Ronan | Associate News Editor
August 10, 2020
Business, Logistics

Regency Transportation Acquires S&M Transport

Regency Transportation & Distribution trucks Regency Transportation & Distribution trucks. Company President Ed Rodricks said, "We’ve been trying to grow our footprint in New Jersey for some time.” S&M Transport is located in Edison, N.J. (Regency Transportation & Distribution)

Regency Transportation & Distribution has acquired the assets of S&M Transport of Edison, N.J., the company announced April 13.

Connor D. Wolf | Staff Reporter
April 13, 2020
Business, Technology, Logistics

Odyssey Logistics & Technology Acquires RPM Consolidated Services

Odyssey Logistics & Technology Corp. acquired full-service logistics and warehousing provider RPM Consolidated Services Inc., the Danbury, Conn.-based company announced Jan. 30.

January 31, 2020

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