DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.
October 24, 2018Transportation Acquisition News Updates
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.
Canadian Firm Express Mondor Finalizes Acquisition of Transport L’Epiphanie
Express Mondor has finalized its acquisition and integration of Transport L’ Epiphanie’s entire team and assets, the Canadian freight-hauling company said. Financial terms of the agreement announced on Aug. 23 were not disclosed.
August 27, 2018Mansfield Energy Acquires FuelTrac
Mansfield Energy Corp. has purchased FuelTrac, a fleet fuel management company based in Baton Rouge, La.
August 6, 2018New Owner of Sirva Inc. Seeks to Boost Growth for Household Goods Mover
The new owner of Sirva Inc., the nation’s second-largest household goods mover, will try to inject new life into a business that has slumped in recent years due to changing demographics and a slowdown in business relocation activity.
May 25, 2018Marathon to Buy Andeavor in $23.3 Billion Oil-Refining Deal
Marathon Petroleum Corp. agreed to buy rival oil refiner Andeavor for $23.3 billion in a deal that would create the largest independent fuel maker in the United States.
April 30, 2018LG Acquires ZKW in Its Largest Takeover; Focus Shifts to Lighting Self-Driving Cars
South Korean electronics group LG aims to become the world leader in lighting self-driving cars, by taking over Austrian car lights specialist ZKW for an estimated $1.3 billion, LG announced April 26.
April 26, 2018Will Wabtec Acquire GE Transportation?
A flurry of reports over the past few days speculate that GE Transportation will be sold to a longtime supplier, Westinghouse Air Brake Technologies Corp., which does business as Wabtec Corp.
April 25, 2018Ocean Carrier CMA CGM Group to Buy 25% Stake in Ceva Logistics
Ceva Logistics is getting a major new shareholder to go along with a planned initial public stock offering of stock.
April 20, 2018Peoples Services Acquires Grimes Cos. to Expand in Southeast
Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.
April 18, 2018Englander Transportation Acquires Three Companies
Englander Transportation has acquired three Mountain City, Tenn., trucking companies, which will significantly increase Englander’s size.
April 6, 2018Trending
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