acquisition News Updates

BusinessLogistics

BWT Logistics Purchases North Carolina-Based 3PL IET

BWT Logistics is set to acquire Lowell, N.C.-based third-party logistics specialist International Express Trucking for an undisclosed sum.

December 21, 2023
BusinessLogisticsFor-Hire

Hub Group Buys Forward Air Final-Mile Unit for $262 Million

Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.

December 21, 2023
BusinessPrivate

CRH Offers to Buy Australian Adbri in $1.4 Billion Deal

Global building materials firm CRH Plc has offered to purchase Australian concrete maker Adbri Ltd. in a joint takeover proposal with Barro Group, valuing the target business at $1.4 billion.

December 18, 2023
BusinessEquipmentLogisticsFor-Hire

Canada Cartage Acquires GTI Group

Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.

December 4, 2023
BusinessTechnology

ConMet Buys TruckWings Creator TruckLabs

Heavy-duty commercial truck and trailer component manufacturer ConMet bought TruckLabs, whose products include the tractor-mounted TruckWings aerodynamic device, it said.

November 14, 2023
LogisticsFor-Hire

Ryder to Buy Impact Fulfillment Services

Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.

October 24, 2023
Business

KAG Acquires Liquid Bulk Carrier Idaho Milk Transport

Kenan Advantage Group has acquired Idaho Milk Transport, the company announced Oct. 11. The deal expands KAG's reach in the Pacific Northwest. 

October 11, 2023
BusinessEquipmentFor-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
BusinessEquipmentLogisticsFor-Hire

Schneider Acquires M&M Transport

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

August 3, 2023
BusinessLogistics

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