Transportation Software Sector Sees M&A Rise
Technology-focused companies supporting the trucking and logistics sector have experienced a rise in merger and acquisition activity.
Strong M&A Market Continues
Trucking is continuing to see an active mergers and acquisitions market with several deals recently announced.
Canada Sees Record First Quarter for M&A
Mergers and acquisitions are off to their fastest start to a year ever in Canada, driven by a combination of cheap financing for buyers, high valuations for sellers and an improving economic outlook that’s encouraging companies to make major moves.
Trucking Sees Rise in Acquisitions
The trucking industry has experienced a robust acquisitions market over the past year that shows no signs of stopping.
GlobalTranz Acquires Utah’s Apex Logistics
Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price.
December 11, 2017Opinion: Maximize Short-Term Value for Long-Term Gains
Recent company mergers and initial public offerings have brought the value of trucking companies to the forefront.
Beacon Roofing Supply Agrees to Acquire Allied for $2.6 Billion
Beacon Roofing Supply Inc. has agreed to acquire Allied Building Products Corp., based in East Rutherford, N.J., for $2.6 billion.
Two Major Deals Mark Consolidation Trend; Heartland Buys IDC, Daseke Gets Steelman Cos.
Two major truckload carriers have announced purchases, and one of the transactions will unite companies ranked among the Transport Topics Top 100 list of the largest North American for-hire carriers: Heartland Express and Interstate Distributor Co.
Heartland Buys Interstate Distributor From Saltchuk for $113 Million
Heartland Express Inc. has purchased Interstate Distributor Co. from owner Saltchuk Resources Inc. in a $113 million deal that is the latest in a flurry of mergers and acquisitions in 2017.