acquisition News Updates

Business, Equipment, For-Hire

Trimac Acquires Two More Carriers, Continues to Shop

Trimac Transportation Ltd. has purchased two North American bulk haulage carriers in the past few weeks, and has plans to accelerate its ongoing buying spree.

September 1, 2023
Business, Equipment, Logistics, For-Hire

Schneider Acquires M&M Transport

Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.

August 3, 2023
Business, Logistics

GSC Logistics Acquires Transloading Firm MacMillan-Piper

Third-party logistics provider GSC Logistics Inc. has expanded service capabilities by acquiring transloading company MacMillan-Piper, the company announced July 24.

July 24, 2023
Business, Equipment

Penske Automotive Group Buys Winnipeg Truck Retailer

Penske Automotive Group on June 5 acquired Transolutions Truck Centres, a Canadian retailer of medium- and heavy-duty commercial trucks and buses.

June 7, 2023
Business

TRM Equity Buys Some of National Railway Equipment's Assets

TRM Equity has acquired some of the assets of National Railway Equipment Co., the Southfield, Mich.-based private equity firm said May 2.

May 4, 2023
Business, Logistics, Top 100

NFI Acquires SDR Distribution

NFI has acquired SDR Distribution Services, a multichannel provider of custom warehousing and distribution solutions, the company announced April 18.

April 24, 2023
Business, Logistics, Global Freight

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
Business, Technology, Equipment, Safety, Logistics, Global Freight

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023
Business, Equipment

Ritchie Shareholders Approve $6 Billion IAA Takeover

Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.

March 14, 2023
Business, Technology, Logistics

Nova Subsidiary Harbor Logistics Acquires ATS Logistics

Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.

January 11, 2023