Daimler to Deploy 800 eCascadias to Sysco
Food service distributor Sysco Corp. and Daimler Truck North America jointly announced Sysco’s letter of intent to deploy 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.
May 19, 2022Sysco Tests Freightliner eCascadia in California
Sysco Corp. announced it is testing in California an all-electric Freightliner eCascadia from Daimler Trucks North America.
October 9, 2020Sysco Approaches Germany Firm Metro About Takeover
Sysco Corp. has approached German wholesaler Metro AG about a takeover, as the U.S. food distribution giant explores ways to expand in Europe, people with knowledge of the matter said.
March 3, 2020Sysco Corp. Ends US Foods Acquisition Bid
Sysco Corp. pulled out of a $3.5 billion acquisition of US Foods after a federal judge blocked the takeover.
June 29, 2015Sysco’s $3.5 Billion Bid for US Foods Blocked by Federal Judge
Sysco Corp.’s planned $3.5 billion takeover of US Foods Inc. was blocked by a federal judge, who said a merger of the food distribution giants would probably reduce competition and raise prices for hotels and restaurants.
June 24, 2015Sysco to Contest FTC Move Blocking Merger With U.S. Foods
Sysco Corp. said it will contest a move by the Federal Trade Commission to block its proposed merger with US Foods.
February 20, 2015Sysco Acquisition of US Foods Delayed by Feds
Sysco Corp said its acquisition of rival food distributor US Foods, based in Rosemont, Illinois, isn’t likely to be completed until early next year as federal officials continue to scrutinize the deal for potential anticompetitive implications.
November 4, 2014Analysts Expect Government to Approve Sysco’s $3.5 Bln. Purchase of U.S. Foods
Sysco Corp.’s planned acquisition of its largest competitor, U.S. Foods, is likely to be approved by federal regulators and could spur competition among food-service distributors, a prominent food industry consultant said.
January 13, 2014Sysco to Buy U.S. Foods, Its Largest Competitor
Sysco Corp., the nation’s largest independent food distributor, said it will acquire its largest rival, U.S. Foods, creating a company with $66 billion in annual sales and a private truck fleet that will be the second largest in North America.
December 16, 2013