Mergers News Updates

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.

Technology-focused companies supporting the trucking and logistics sector have experienced a rise in merger and acquisition activity.

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.

Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.

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

Trucking is continuing to see an active mergers and acquisitions market with several deals recently announced.

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.

GlobalTranz Enterprises and Worldwide Express are merging in a deal announced June 11, bringing together two non-asset-based providers of logistics services.