The market for mergers and acquisitions in trucking is poised to stay robust, but could undergo some changes, an expert said during a recent industry event.

The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.

Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.

Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.

Becker Logistics has acquired third-party logistics company Trek Freight Services, it was announced March 28.

One of the largest commuter railroads in the country is objecting to the proposed $31 billion merger between Class I freight rail carriers Canadian Pacific Railway and Kansas City Southern.

The trucking industry has undergone further consolidation amid a surge of acquisitions, and software has enabled much of that.

The deal market in the trucking industry is heating up as buyers and sellers look to make moves amid a confluence of factors that are driving activity, experts said.

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.

Several recent acquisitions are signaling a robust 2021 for trucking.