Absolute Worldwide Logistics, a provider of multiple third-party services, announced the completion of the acquisition of Shipmymachinery.com, which specializes in managing oversized equipment shipments.
September 28, 2015Transportation 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.
Investment Firms Acquire Great Western Leasing and Sales
Two private equity investment firms, Headhaul Capital Partners and Argosy Investment Partners, have acquired Great Western Leasing and Sales Inc. and will work with the company’s management to grow the business.
October 21, 2015SMC3 Acquires Transportation Costing Group
SMC3, a provider of less-than-truckload pricing and transit-time services, has acquired substantially all the assets of Transportation Costing Group.
October 15, 2015French Forwarder to Acquire US Logistics Firm OHL
Geodis, a French-owned freight forwarder and transport firm, has agreed to acquire logistics operator OHL, based in Brentwood, Tennessee, for an undisclosed amount.
August 17, 2015Infor to Acquire Supply Chain Software Firm GT Nexus for $675 Million
Enterprise software provider Infor said it will acquire GT Nexus, a company that provides a cloud-based platform to about 25,000 businesses to manage global trade and transportation activities, for $675 million.
August 12, 2015Cline Wood Agency Sold to Marsh & McClennan
Marsh & McLennan Agency, a unit of global insurer Marsh, announced the acquisition of trucking and commercial agriculture's Cline Wood Agency, a Kansas City-area company.
August 4, 2015Descartes Makes Two Acquisitions for $87.5 Million
Descartes Systems Group, a Canadian logistics services provider, is acquiring BearWare Inc. and MK Data Services for a total of $87.5 million.
July 24, 2015UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion
UPS Inc. is in talks to buy Coyote Logistics for about $1.8 billion, two people with knowledge of the matter said.
July 22, 2015Kuehne + Nagel Agrees to Buy ReTrans
Swiss logistics company Kuehne + Nagel Group announced an agreement to acquire ReTrans Inc., a Tennessee-based freight management company to expand the buyer’s U.S. operations.
June 25, 2015Premier Trailer Leasing Buys Baltimore-Based Vallerie Service Co.
Premier Trailer Leasing said it acquired the assets of Baltimore-based Vallerie Service Co., a provider of trailer and container rental and leasing services with about 1,200 semitrailers and 200 containers.
May 13, 2015