Mergers News Updates

Spirit has considered offering the U.S. government an equity stake in the discount carrier to help stave off its potential liquidation.

TFI International-owned TA Dedicated is adding Minneapolis-based warehousing and distribution company Triangle Warehouse to its operations, the carrier said.

Union Pacific has secured long-term access to U.S.-made steel rail through a new seven-year contract with Rocky Mountain Steel Mills.

A combination would create the largest airline on the planet, so any merger would pose serious antitrust concerns.

Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers — for now.

“President Trump, he loves to see big deals happen,” Transportation Secretary Sean Duffy said during an interview on CNBC April 7. 

The move comes as Unilever agreed to combine its food business with spice maker McCormick in a $44.8 billion deal.

The CEO of freight rail operator CSX is focused on generating returns from improved efficiency and performance — but he’s also open to merger prospects as industry rivals consolidate.

Norfolk Southern's quarterly profit slipped 12% amid the uncertain economy as well as unusual costs related to its efforts to merge with Union Pacific in an $85 billion deal.

Echo Global Logistics will buy third-party logistics provider ITS Logistics for an undisclosed sum from private equity firm GHK Capital Partners, the companies said Jan. 21.