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

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
BusinessLogistics

Mergers and Acquisitions Market Begins to Accelerate

After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.

November 13, 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
BusinessEquipmentLogistics

3PL Warehouse Services Buys Sky Transportation

Third-party logistics specialist Warehouse Services said Sept. 28 it acquired Texas-based Sky Trans Group Holdings for an undisclosed amount.

October 2, 2023
BusinessLogistics

Trucking M&A Market Shows Signs of Rebound

The trucking merger and acquisition market is showing early signs of a rebound after a slowdown this year caused by uncertain freight and financial conditions.

September 27, 2023