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merger
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal

U.S. Xpress trucks

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 12, 2023
Government, Business, Private

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger CEO Rodney McMullen

Kroger Co. said it’s committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

Brendan Case and Leah Nylen | Bloomberg News
May 11, 2023
Government, Business

Buttigieg, DOT Push Crackdown on Transportation Mergers

U.S. Transportation Secretary Pete Buttigieg

Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according to Secretary Pete Buttigieg.

Leah Nylen and Alan Levin | Bloomberg News
March 14, 2023
Government, Business, Logistics, Private

Kroger, Albertsons CEOs Face Senate Questions Over Merger

Rodney McMullen, chief executive officer of Kroger Co., left, and Vivek Sankaran, chief executive officer of Albertsons Cos.

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

Leah Nylen and Brendan Case | Bloomberg News
November 30, 2022
Government, Business, Logistics, TCA

Iowa County to Oppose CP-KCS Merger

Image

Supervisors in Scott County, Iowa, plan to pen a letter opposing the merger of two North American rail companies that’s expected to drastically increase train traffic along the Mississippi River there.

Sarah Watson | Quad City Times
August 22, 2022
Government, Business, Logistics, TCA

CSX Purchase of Pan Am Railway Gets Federal Hearing

Image

Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.

Jim Kinney | The Republican (Springfield, Mass.)
January 10, 2022
Business, Logistics, Breaking News

GlobalTranz, Worldwide Express Announce Merger

Image

GlobalTranz Enterprises and Worldwide Express are merging in a deal announced June 11, bringing together two non-asset-based providers of logistics services.

Connor D. Wolf | Staff Reporter
June 11, 2021
Business, Technology, Fuel, Logistics

Lightning EMotors Said to Be in Talks to Go Public

Image

Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter.

Gillian Tan | Bloomberg News
November 19, 2020
Business, Technology, Fuel, Logistics

Electric Last Mile Solutions Said to Be in Merger Talks

Image

Electric Last Mile Solutions, an electric vehicle startup, is in talks to go public through a merger with Forum Merger III Corp., according to people with knowledge of the matter.

Gillian Tan | Bloomberg News
November 19, 2020
Business, Technology, Equipment, Logistics, TCA

Wabtec Merger Complete as Strike Threat Hangs Over GE Plant

Image

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.

February 25, 2019

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