Mergers News Updates

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.

The trucking industry is facing merger and acquisition headwinds amid declining freight demand and rising interest rates, but deal buzz remains, experts said.

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

Kroger Co. said it’s committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according to Secretary Pete Buttigieg.

ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.

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.

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

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

Supervisors in Scott County, Iowa, plan to pen a letter opposing the merger of two North American rail companies that’s expected to drastically increase train traffic along the Mississippi River there.