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.

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
BusinessTechnology

News: Bestpass & Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7. 

August 13, 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
BusinessTechnologyBreaking News

Bestpass, Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.

August 7, 2024
BusinessLogisticsBreaking News

Knight-Swift Buys Dependable Highway Express’ LTL Business

Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.

July 30, 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
BusinessLogisticsFor-HireGlobal Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

July 24, 2024
BusinessFor-Hire

TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase

TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.

June 24, 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