Transportation Acquisition News Updates

About Acquisitions News...

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.

Business

Trucking Acquisitions Likely to Continue at Strong Pace in 2014, Executives Say

MANALAPAN, Fla. — Trucking industry acquisitions will continue in 2014 at the stepped-up pace that was seen last year, eight industry leaders said.

February 24, 2014
Business

Universal Truckload Services to Acquire Westport Axle for $123 Million

Universal Truckload Services Inc. said it will acquire Westport Axle Corp. from its Brazilian owners for $123 million.

December 2, 2013
Business

Manitoulin Transport Acquires Canadian Carrier Smooth Freight

Manitoulin Transport, an Ontario-based carrier, said it has acquired truckload and less-than-truckload carrier Smooth Freight. Terms were not disclosed.

November 25, 2013
Business

Roehl Transport Purchases Brock Cold Storage and Trucking Operations

Roehl Transport has purchased Brock Cold Storage and Trucking, expanding its trucking and cold-storage operations.

October 28, 2013
Business

EBay Acquires Startup to Expand Same-Day Delivery

EBay announced Oct. 22 an agreement to acquire startup Shutl in an effort to expand same-day delivery and compete with other Internet retailers. EBay did not disclose how much it agreed to pay for Shutl.

October 23, 2013
Business

Livingston Intl. Acquires Advantex Express

Livingston International has acquired the assets of Advantex Express Inc. as well as the shares of its U.S. subsidiaries. Terms were not disclosed.

October 16, 2013
Business

OIA Global Acquires U.S. Worldwide Logistics

OIA Global, a supply chain management company,has acquired Kentucky-based U.S. Worldwide Logistics. Terms were not disclosed.

September 30, 2013
Business

Burst of Acquisition Interest May Alter Large Fleet Lineup

A sudden burst of acquisition activity surfaced in a three-day span last week involving four of the nation’s largest trucking fleets, including two offers for the less-than-truckload assets of Vitran Corp. and a $95 million bid by Knight Transportation Inc. for USA Truck Inc.

September 30, 2013
Business

Equity Firm Buys HomeDirect

Platinum Equity said it has acquired home-delivery service HomeDirect Inc., with plans to merge it with another company it purchased earlier this year.

September 26, 2013
Business

Rush to Buy Midwest Truck Dealerships

Rush Enterprises Inc. said it has agreed to buy several truck dealerships in Illinois and Indiana.

September 26, 2013

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