The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said.
December 11, 2024Top 100 Private | Food Service | Grocery | Beverage | Petroleum/Chemical | Industrial Gases | Agriculture/Food Processing | Wholesale/Retail | Manufacturing
Equipment Rental | Building Materials | Waste Management | Paper/Office Products | Construction | Health Care | Uniform Rental | Media & Entertainment
Top Manufacturing Carriers
Current Rank | Company | Tractors |
---|---|---|
1 | Ashley Distribution Services |
870 |
2 | Shaw Transport |
725 |
3 | Allied Drainage Transport |
675 |
4 | Mohawk Carpet Transportation of Georgia |
488 |
5 | Bridgestone Americas Tire Operations |
333 |
6 | IFCO Systems/Chep USA |
326 |
7 | Whiteline Express |
312 |
8 | Thyssenkrupp North America |
306 |
9 | Bassett Furniture Industries/Zenith Freight Lines |
273 |
10 | FCA Transport |
271 |
11 | Tempur Sealy International |
257 |
12 | La-Z-Boy Logistics/England Furniture/Kincaid Furniture |
238 |
13 | Ford Motor Co. |
219 |
14 | Ryerson Cos. |
202 |
15 | Andersen Corp. |
168 |
16 | Batesville Logistics |
167 |
17 | Huttig Building Products |
153 |
18 | Howard Industries |
135 |
19 | Reliance Steel & Aluminum |
131 |
20 | Leggett & Platt Inc. |
125 |
21 | Atlas Trucking Co. |
116 |
22 | Austin Powder Co. |
101 |
23 | Product Distribution Co. |
100 |
24 | Boeing Co. |
97 |
25 | Foamex LP |
93 |
26 | Toyota Transport/Toyota Logistics Services |
85 |
27 | VF Corporation |
83 |
28 | Associated Materials |
79 |
29 | Unifi Manufacturing |
65 |
30 | Greif Packaging |
48 |
31 | Deere & Co. |
27 |
32 | Southern Champion Tray |
26 |
33 | ProVia Logistics |
24 |
34 | Bundy Baking Solutions |
17 |
The Top 100 Private Carriers on this list operate their own trucks to carry freight and are ranked on the basis of the total number of highway tractors in the fleet. To be included in the Top 100 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
Hershey’s Main Owner Rejects Mondelez’s Offer as Too Low
Hershey Could Be More Open to Mondelez Takeover
Mondelez International’s latest overture to Hershey underscores the challenges posed by high cocoa prices and penny-pinching consumers, which could make the company more open to a deal.
December 11, 2024Albertsons Sues Kroger for Failing to Secure Merger
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
Mondelez Approves $9 Billion Buyback After Hershey Report
Mondelez International approved a stock repurchase authorization of as much as $9 billion, days after a report that the company was exploring an acquisition of chocolate maker Hershey.
Kroger’s $24.6 Billion Albertsons Deal Blocked by Judge
A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.
Mondelez’s Takeover of Hershey Would Rank as Top 2024 Deal
Snack-food giant Mondelez International’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal.
Tally of US Shoppers Slipped During Thanksgiving Weekend
Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.
Tyson to Shut Kansas Plant as US Beef Shortage Erodes Profit
Tyson Foods will shut a meat plant in Kansas next year, eliminating 809 jobs, as the company seeks to slash costs amid a downturn in the beef industry.
Cargill to Cut Thousands of Jobs After Profits Shrink
Cargill Inc. is cutting thousands of jobs globally after the largest privately held company in the U.S. missed profit targets.
Quikrete Secures $9.2 Billion for Summit Materials Deal
The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.