Transportation Acquisition News Updates

Descartes Systems Group will buy Tai — an artificial intelligence-powered transportation management software provider for freight brokers — for $100 million.

Trimac Transportation acquired food-grade bulk carrier California Freight for an undisclosed sum, its second acquisition in the Golden State in two years.

The carrier is looking into adding a nonunion LTL carrier for around C$200 million, or $142 million at current exchange rates, CEO Alain Bédard said.

Amerit Fleet Solutions expanded its fleet maintenance network through the acquisitions of Kirk NationaLease and Truck & Trailer Parts Solutions.

The takeover will make Expand Energy a leading gas marketer, with the company raising its target for annual free cash flow from its marketing and commercial by 50% to $750 million.

Kuehne+Nagel has been discussing options with potential advisers, including the sale of a roughly 20% stake in its Apex Logistics business.

NACPC offers regional pools of intermodal chassis, allowing drayage companies to avoid owning their own equipment. The company has about 20,000 chassis.

The Tenney Group 2026 Mid-Year M&A Report found that capacity reductions have started to drive industry consolidation alongside other key factors.

The deal is the latest example of European snack makers looking to the U.S. for growth in packaged food.

The deal, expected to close in the late third quarter, expands Magnolia's presence in the Eagle Ford Shale basin of south Texas.