Mergers News Updates

The transaction, announced July 1, would nearly triple the North American contract logistics operations of Ceva Logistics, CMA CGM’s logistics subsidiary.

Often, a successful exit depends on recognizing when buyer behavior begins to shift, and acting before competing sellers return to the market, says Bluejay Advisors' Reid Stack.

The separation of the division will allow Eaton to focus on its electrical and aerospace businesses, which are benefiting from the AI-driven data center boom.

Green Bay, Wis.-based Schneider last opened its coffers for an acquisition in November 2024 with the $390 million purchase of Baltimore-based Cowan Systems.

Tenet Transportation Tech merged with Crown Data Systems, combining Tenet’s carrier operations software with Crown’s airfreight trucking software business.

Shares of Union Pacific and Norfolk Southern slumped the most in more than a year after the STB paused its review of their planned $72 billion merger.

In addition to building infrastructure for autonomous and ride-hail vehicles, the new company “expects to explore adjacent opportunities.” 

Along with passenger flights, Sun Country brings into the fold cargo flying for Amazon, as well as charter trips.

Recreational vehicle suppliers LCI Industries and Patrick Industries terminated discussions over a potential merger.

Union Pacific and Norfolk Southern say their proposed merger would save shippers $3.5 billion annually in an amended merger application filed April 30.