Tire maker Michelin agreed to acquire NexTraq, a U.S. provider of commercial fleet telematics, in an all-cash transaction.
June 19, 2017BusinessLogistics
Amazon to Acquire Whole Foods for $13.7 Billion
Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a long-held goal of selling more groceries.
June 16, 2017Lineage Logistics Purchases European Warehousing Company
Lineage Logistics has bought Partner Logistics of Europe, the first international acquisition for the temperature-controlled warehousing company based in Irvine, Calif.
June 16, 2017GlobalTranz Makes Third Freight Broker Acquisition of 2017
GlobalTranz Enterprises has completed its third acquisition this year, purchasing freight broker Worthington Logistics Solutions of Timonium, Md.
June 16, 2017Trimble Adds ISE to Transportation Division
Technology and communications provider Trimble Inc. has added another company to its transportation segment with the June 9 acquisition of Innovative Software Engineering, a supplier of telematics systems, including electronic logging devices.
June 14, 2017Business
Federal Signal Corp. Completes Acquisition of Truck Bodies and Equipment International
Diversified manufacturer Federal Signal Corp. announced that it has completed the acquisition of Truck Bodies and Equipment International, a leading U.S. manufacturer of dump truck bodies and trailers for Classes 3-8 vehicles.
June 5, 2017Business
Dickinson Fleet Services Completes Acquisition of Reliable Mobile Service
Dickinson Fleet Services, along with majority shareholder Ridgemont Equity Partners, completed the acquisition of Reliable Mobile Service.
June 5, 2017Radiant Logistics Completes Deal to Acquire Dedicated Logistics Technologies
Radiant Logistics Inc. has completed a deal to acquire Dedicated Logistics Technologies, a privately held company with operations in Newark, N.J., and Los Angeles.Â
June 2, 2017Business
Hub Group to Acquire Estenson Logistics for $306 Million
Hub Group has reached a deal to acquire Estenson Logistics for $306 million, which, if approved, would combine the Nos. 28 and 46 companies, respectively, on the Transport Topics Top 50 list of the largest logistics companies in North America.
May 26, 2017Business
KAR Auction Services Acquires Transport Division of Dependable Auto Shippers
KAR Auction Services, a holding company for used vehicle auctioneer ADESA, Automotive Finance Corp. and Insurance Auto Auctions, a firm that resells total-loss vehicles, has purchased the vehicle transportation business of Dependable Auto Shippers, a company based in Mesquite, Texas, that filed for Chapter 11 bankruptcy in December.
May 25, 2017