Transportation Acquisition News Updates

Carrier Logistics has been acquired by midmarket private equity firm STG Partners in a move aimed at accelerating the development of agentic artificial intelligence.

Project44 deepened its AI strategy by acquiring LunaPath, bringing execution-focused agent orchestration in-house to improve supply chain outcomes.

Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers — for now.

Canada-based carrier Kriska Transportation Group has acquired temperature-controlled trucking company Sharp Transportation Systems.

Titanium Transportation completed its sale March 31, closing a previously announced take-private transaction that values the company at $2.22 per share.

The deal will expand Uber’s offerings targeting business executives and wealthy consumers, a fast-growing segment of the business.

The acquisition enables Zenobe to immediately serve more than 100 electric trucks in California, with more projects underway.

Reuters reported the that Elliott had taken the holding in an effort to urge Mitsui to review its real estate portfolio.

Public Storage said March 16 that it will buy National Storage Affiliates in an all-stock deal worth about $10.5 billion, creating a company with 327 million square feet of storage at 4,600 locations.

UniFirst shareholders will receive $155 in cash and 0.7720 shares of Cintas stock for each UniFirst share they own, according to a statement on March 11.