Transportation Acquisition News Updates

Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.

Third-party logistics provider GSC Logistics Inc. has expanded service capabilities by acquiring transloading company MacMillan-Piper, the company announced July 24.

The trucking industry is facing merger and acquisition headwinds amid declining freight demand and rising interest rates, but deal buzz remains, experts said.

Private equity firm ZS Fund has acquired dedicated contract carriage company Lily Transportation Corp., the company announced July 11.

Logistics Plus Inc. has acquired Dutch peer Jan Krediet in an effort to expand its European presence, the Erie, Pa.-based logistics service provider said June 22.

Penske Automotive Group on June 5 acquired Transolutions Truck Centres, a Canadian retailer of medium- and heavy-duty commercial trucks and buses.

TRM Equity has acquired some of the assets of National Railway Equipment Co., the Southfield, Mich.-based private equity firm said May 2.

NFI has acquired SDR Distribution Services, a multichannel provider of custom warehousing and distribution solutions, the company announced April 18.

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).