Transportation Acquisition News Updates

The companies also identified more than 200 initiatives to boost efficiencies by adding Nippon Steel’s technological expertise to U.S. Steel operations.

The acquisition strengthens UPS’ position in health care logistics, where major carriers are racing to build infrastructure for time- and temperature-sensitive shipments.

The acquisition gives Eaton a portfolio of thermal-management products designed to control excess heat from data centers or in other applications across the industrial and aerospace sectors.

Equipment rental specialist United reported revenue of $4.23 billion in the most recent three-month period, an increase of 5.9% compared with $3.99 billion in Q3 2024.

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

Anderson Trucking Service’s logistics division is expanding its reach by acquiring Trailer Bridge Logistics, a move aimed at strengthening ATS’ position in the U.S. freight market.

The Calgary, Alberta-based bulk carrier has made four acquisitions this year, with three businesses based in the United States.

The No. 84-ranked company on the Transport Topics Top 100 list of for-hire carriers, TCI Transportation will have a combined 1,900 employees once the transaction is complete. 

Scott Ferguson, founder of Sachem Head Capital Management, is joining the Performance Food board as talks with US Foods continue.

Others are still skeptical of Union Pacific’s proposed $85 billion acquisition of Norfolk Southern.