Business, Technology, Equipment, Logistics, TCA

Wabtec Merger Complete as Strike Threat Hangs Over GE Plant

train The CSX locomotive is an AC4400CW model built by GE Transportation Systems. (Henry Durand/Associated Press)

The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.

Jim Martin | Erie, Pa. Times-News
February 25, 2019
Government, Business, Technology, Logistics

Transporeon Group, TIM Consult Plan to Merge

Transporeon Group and TIM Consult GmbH announced plans to merge in an effort to provide a broader portfolio of logistics consulting and procurement services for shippers.

Transport Topics
September 5, 2018
Business, Equipment, TCA

Wabtec to Merge With GE Transportation

Luke Sharrett/Bloomberg News

GE Transportation, a foundation piece of the company built by inventor Thomas Edison, a business founded in Erie, Pa., and based there for most of its 110-year history, is merging with another Pennsylvania company in a deal worth $11.1 billion.

Jim Martin | Erie (Pa.) Times-News
May 22, 2018

Drive Train Industries, Inland Truck Parts Announce Merger

Two longtime employee-owned rivals have signed an agreement to merge after working independently in the truck parts and service business since the end of World War II.

Transport Topics
April 30, 2018

Seldat Distribution Merges With Oceanstar Express Co.

Seldat Distribution

Seldat Distribution, a warehousing and distribution firm based in South Plainfield, N.J., has added ocean and airfreight forwarding and port drayage to its service offerings following a merger with California-based Oceanstar Express Co.

Transport Topics
March 26, 2018
Business, Logistics

The World’s Shipping Companies Are Going Super-Sized

A Maersk Ship kees torn/Flickr

A massive consolidation is underway in the $500 billion global industry and the survivors now enjoy big economies of scale and increased demand, one year after excess capacity caused the sector’s worst-ever crisis - the bankruptcy of South Korea’s Hanjin Shipping Co.

Kyunghee Park | Bloomberg News
August 16, 2017
Business, Logistics

Video: Will Knight-Swift Merger Catch Feds' Interest?

TT's Daniel Bearth, Eugene Mulero

Will the planned merger of Knight Transportation Inc. and Swift Transportation — one of the trucking industry's largest mergers ever — catch the attention of federal antitrust regulators? Watch as TT Senior Features Writer Daniel Bearth provides his take on that question for colleague Eugene Mulero.

Transport Topics
April 18, 2017
Business, Logistics

Knight, Swift Plan Merger

John Sommers II for Transport Topics

A merger of Knight Transportation Inc. and Swift Transportation Co., two of the nation’s largest trucking companies, is expected to trigger a historic move to consolidate the truckload freight sector, industry analysts said last week.

Daniel P. Bearth | Staff Writer
April 17, 2017

Trucking and Logistics Deals Anticipate Capacity Crunch

Despite a current weak freight market, concern about future freight hauling capacity is leading to an increase in dealmaking among trucking and logistics service providers.

Daniel P. Bearth | Staff Writer
October 31, 2016

Justice Department Sues to Block Halliburton-Baker Hughes Merger

Jamie Schwaberow/Bloomberg News

Halliburton Co. was sued by U.S. antitrust officials who say its planned takeover of rival oil-services firm Baker Hughes Inc. threatens competition and should be blocked, a blow to Halliburton’s bid to bulk up to better compete against rival Schlumberger Ltd.

David McLaughlin and David Wethe | Bloomberg News
April 6, 2016