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, 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.
LG 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, 2018Challenger Group Expands Flatbed Service With Purchase of Assets From Ed Wiersma Trucking
Challenger Motor Freight has agreed to acquire a majority of assets of flatbed and dry van truckload carrier Ed Wiersma Trucking Inc. in Kitchener, Ontario, for an undisclosed amount.
March 26, 2018Canadian Logistics Firm Plans Significant US Expansion After Acquiring Houston Company
Montreal-based Logistec Corporation said it is significantly expanding its business operations in the United States with the acquisition of Gulf Stream Marine, a Houston cargo handling, stevedoring and terminal operator in the Gulf Coast region.
March 19, 2018Dana Inc. Moves to Acquire Driveline Division of GKN
Dana Inc. announced its signature of definitive agreements to combine with the driveline division of United Kingdom-based GKN plc to create Dana Plc, a global driveline systems company.
March 14, 2018RoadOne Buys Jarvis Trans
RoadOne IntermodaLogistics purchased Jarvis Trans Inc., to continue its expansion in the Northeast.
March 12, 2018Trending
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