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.
August 1, 2022mergers
Business, Logistics 
Marcus Lindstrom/Getty Images
Logistics Firm Terra Worldwide Explores $1 Billion Sale
Marcus Lindstrom/Getty Images Business, Logistics, For-Hire 
Hirschbach Motor Lines completed its acquisition May 2 of John Christner Trucking. (Hirschbach Motor Lines)
Trucking Continues to See Robust M&A Market
Hirschbach Motor Lines completed its acquisition May 2 of John Christner Trucking. (Hirschbach Motor Lines)Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
May 12, 2022 Business, Logistics 
Company officials (from left) John Andreotti, chief operating officer, Trek Freight Services; Jim Becker, CEO, Becker Logistics; and Gary Bazelon, CEO, Trek Freight Services. (Business Wire)
Becker Logistics Acquires Trek Freight Services
Company officials (from left) John Andreotti, chief operating officer, Trek Freight Services; Jim Becker, CEO, Becker Logistics; and Gary Bazelon, CEO, Trek Freight Services. (Business Wire)Becker Logistics has acquired third-party logistics company Trek Freight Services, it was announced March 28.
March 28, 2022 Business, Logistics 
The proposed $31 billion merger between Kansas City Southern (left) and Canadian Pacific would need to be approved by the Surface Transportation Board. (Kansas City Southern Railway, Canadian Pacific Railway)
Chicago Commuter Rail System Opposes Proposed CP-KCS Merger
The proposed $31 billion merger between Kansas City Southern (left) and Canadian Pacific would need to be approved by the Surface Transportation Board. (Kansas City Southern Railway, Canadian Pacific Railway)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.
March 25, 2022 Business, Technology, Equipment, Logistics 
Transportation management software can help fleets with operations including back-office functions, accounting and recruiting. (McLeod Software)
How Software Helps Enable Industry Consolidation
Transportation management software can help fleets with operations including back-office functions, accounting and recruiting. (McLeod Software)The trucking industry has undergone further consolidation amid a surge of acquisitions, and software has enabled much of that.
December 23, 2021 Business, Logistics 
Workers at MoLo Solutions' dispatch center. ArcBest on Sept. 29 announced it will buy the Chicago-based truckload freight broker. (MoLo Solutions via Facebook)
Trucking Acquisitions Show No Signs of Slowing Down
Workers at MoLo Solutions' dispatch center. ArcBest on Sept. 29 announced it will buy the Chicago-based truckload freight broker. (MoLo Solutions via Facebook)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.
October 7, 2021 Business, Technology, Fuel, Autonomous 
Fully electric model by XOS Trucks. (TT File Photo)
Xos to Go Public and Expand Battery-Electric Vehicle Production
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.
February 22, 2021 Business, Logistics, Top 100 
Bison Transport (left) and Black Horse Carriers
Recent Acquisitions Bode Well for Trucking in 2021
Bison Transport (left) and Black Horse CarriersSeveral recent acquisitions are signaling a robust 2021 for trucking.
January 13, 2021 Business, Equipment, Logistics, Top 100 
2018 Top 100 Private Carrier Rankings: A Disappearing Act and More Mergers
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.
August 20, 2018 Business, Logistics 
Shutterstock
The Jordan Co. Embarks on Logistics Buying Spree
ShutterstockThe 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.
June 18, 2018