Transportation Acquisition News Updates

About Acquisitions News...

Our acquisition articles provide the latest insights into trucking acquisitions, logistics mergers. Stay informed on industry trends, market shifts, and key developments that impact trucking and logistics professionals.

BusinessLogistics

Evo Builds Out Truckload Operations With West Side Purchase

Phoenix-based Evo aims to build a diversified, national truckload carrier and brokerage through the acquisition of Cedar Rapids, Iowa-based West Side.

September 24, 2024
BusinessLogisticsGlobal Freight

CVC Willing to Bump DB Schenker Bid After Losing to DSV

CVC Capital Partners signaled it’s willing to increase its 14 billion-euro ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S.

September 18, 2024
GovernmentBusinessPrivateTop 100

Washington State Moves to Block Albertsons-Kroger Deal

Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.

September 16, 2024
BusinessTechnologyEquipmentLogistics

Platform Science to Acquire Trimble’s Fleet Telematics Units

As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.

September 15, 2024
BusinessLogisticsGlobal FreightTop 100Top 50

DSV Buys DB Schenker for $15.9B, Creating Logistics Giant

DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.

September 13, 2024
BusinessEquipmentFuel

Groendyke Announces Acquisition of Linden Bulk Transport

Groendyke Transport on Aug. 19 announced a definitive agreement to acquire all the tank truck assets of Linden Bulk Transportation from Depot Connect International.

August 22, 2024
GovernmentBusinessFuel

Marathon Investor Sues to Block ConocoPhillips Acquisition

A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues” the target company.

August 12, 2024
BusinessFuel

Permian to Buy Occidental West Texas Assets for $817.5M

Permian Resources Corp. will buy some of Occidental Petroleum Corp.’s West Texas assets for $817.5 million, it said in a statement.

July 29, 2024
BusinessEquipment

Hendrickson Buys Truck Suspension Specialist Reyco Granning

Hendrickson bought fellow truck suspension manufacturer Reyco Granning for an undisclosed sum, it said June 4.

June 4, 2024
BusinessEquipmentFor-Hire

TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal

TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.

May 13, 2024