An Indianapolis shipping company has purchased Logansport, Ind.’s Pasquale Trucking Co. from former owner Tom Pasquale.
May 8, 2017Transportation Acquisition News Updates
Follow trucking mergers and acquisitions with Transport Topics for reporting on deals reshaping freight transportation and logistics. This category covers carrier purchases, brokerage consolidation, private equity activity, strategic investments and asset sales. Explore analysis of transaction terms, market conditions and the operational implications for fleets, employees, customers and competitors across the industry.
KAR Auction Services Acquires Transport Division of Dependable Auto Shippers
KAR Auction Services, a holding company for used vehicle auctioneer ADESA, Automotive Finance Corp. and Insurance Auto Auctions, a firm that resells total-loss vehicles, has purchased the vehicle transportation business of Dependable Auto Shippers, a company based in Mesquite, Texas, that filed for Chapter 11 bankruptcy in December.
May 25, 2017UPS Agrees to Buy Irish Package Carrier as Part of European Expansion
UPS Inc. has agreed to purchase Nightline Logistics Group, a package delivery and logistics firm based in Ireland.
May 5, 2017U.S. Concrete Buys Sand Supplier in New Jersey
U.S. Concrete has acquired assets of Corbett Aggregates Cos. in Quinton, N.J., in a move to control the supply of sand for its ready-mixed concrete operations in New York City and to supply other customers.
April 24, 2017Magnate Adds to Expedited Services With Purchase of Premium Transportation Logistics
Magnate Worldwide has acquired Premium Transportation Logistics, a company based in Toledo, Ohio, that provides expedited ground transportation and freight brokerage services.
April 3, 2017Cowan Systems Purchases Dick Harris & Son Trucking
Jim Harris, whose family owned Dick Harris & Son Trucking Co. Inc. for nearly 50 years, sold his business at the end of February to Cowan Systems, another family-owned company, which began in 1924.
March 15, 2017Central Freight Agrees to Buy Wilson Trucking
Less-than-truckload carrier Central Freight Lines has signed a letter of intent to acquire Wilson Trucking Corp., also an LTL carrier, in a move to expand Central’s service territory into the Southeast.
February 22, 2017MetroGistics Holdings Acquires Vehicle Logistics Firm AmeriFleet
MetroGistics Holdings, based in St. Louis, acquired vehicle logistics firm AmeriFleet of Alpharetta, Georgia. Executives said the deal will spur innovation and accelerate growth for the companies in providing vehicle delivery services.
January 23, 2017Kenworth Dealer Rihm Acquires LTX Inc.
Kenworth dealership Rihm Family Cos. Inc. said it acquired LTX Inc., which owns Lawrence Leasing Inc., the operator of Lawrence NationaLease — a commercial truck leasing company with 15 locations in Minnesota, Wisconsin, and South Dakota.
January 20, 2017Radiant Logistics and NFI Make Canadian Purchases
The new year began with two acquisitions from U.S. third-party logistics providers looking to increase their business in Canada.
January 5, 2017