mergers

Business

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
Business

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.

Dan Ronan | Senior Reporter
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
Business

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.

Dan Ronan | Senior Reporter
January 4, 2017
Business

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
Business

Trucking Mergers Slow Down This Year, But Technology Could Spur More Deals

Dicom Transportation Group

After boiling over last year with multibillion-dollar deals involving UPS Inc., FedEx Corp., XPO Logistics and others, the 2016 merger and acquisition pot has slowed to a simmer while hungry buyers and sellers keep searching for appealing deals.

Rip Watson | Special to Transport Topics
May 30, 2016
Business

Justice Department Sues to Block Halliburton-Baker Hughes Merger

Jamie Schwaberow/Bloomberg News

Halliburton Co. was sued by U.S. antitrust officials who say its planned takeover of rival oil-services firm Baker Hughes Inc. threatens competition and should be blocked, a blow to Halliburton’s bid to bulk up to better compete against rival Schlumberger Ltd.

April 6, 2016
Business

Aim NationaLease Announces Merger with Fleming Leasing

Aim NationaLease

Aim NationaLease, based in Girard, Ohio, has expanded its truck leasing and rental business in the Washington, D.C., area through a merger with Fleming Leasing in Springfield, Virginia.

Dan Ronan | Senior Reporter
November 19, 2015
Business

Transport Acquisitions Rise; Experts See More to Come

Trucking acquisitions are accelerating in North America, as hyperactive buyers TransForce Inc. and XPO Logistics Inc. swooped up three companies, and executives with other firms said more deals could be in the works.

August 4, 2014

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