Business, Technology, Fuel, Autonomous

Xos to Go Public and Expand Battery-Electric Vehicle Production

Xos truck Fully electric model by XOS Trucks. (TT File Photo)

Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.

Roger Gilroy | Senior Reporter
February 22, 2021
Business, Logistics, Top 100

Recent Acquisitions Bode Well for Trucking in 2021

Bison, Black Horse Bison Transport (left) and Black Horse Carriers

Several recent acquisitions are signaling a robust 2021 for trucking.

Connor D. Wolf | Staff Reporter
January 13, 2021
Business, Equipment, Logistics, Top 100

2018 Top 100 Private Carrier Rankings: A Disappearing Act and More Mergers

2018 Top 100 Private Carrier Rankings

This year’s edition of Transport Topics’ Top 100 Private Carriers list features a disappearing act — more than one, actually — as well as some big mergers in the offing and some new names.

Daniel P. Bearth | Staff Writer
August 20, 2018
Business, Logistics

The Jordan Co. Embarks on Logistics Buying Spree

Cold Warehouse Shutterstock

The summer has brought heat to mergers and acquisitions in the logistics sector, led by private equity firm The Jordan Co. moving aggressively to gather several firms under its umbrella.

Burney Simpson | Staff Reporter
June 18, 2018

Knight, Swift Shareholders Approve Merger in Separate Votes

Knight, Swift trucks John Sommers II for Transport Topics

The $6 billion Swift-Knight truckload merger is racing to completion as shareholders of both companies approved the transaction Sept. 7, and the carriers said it would close Sept. 8.

Jonathan S. Reiskin | Associate News Editor
September 7, 2017

Shippers Express Support for Knight-Swift Merger

Ari Ashe/TT

Representatives of freight shipping firms are joining trucking analysts in their enthusiasm over the merger between Knight Transportation Inc. and Swift Transportation Co. and generally supporting the prospect of big truckload carriers getting bigger.

Daniel P. Bearth | Staff Writer
April 24, 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.

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

Sunteck, TTS Merger Now Official

Sunteck Transport Group

The merger between Sunteck Transport Group and TTS, agreed upon in late October, is now official, the new company announced in a statement.

January 4, 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