UPSÂ Inc. is in talks to buy Coyote Logistics for about $1.8 billion, two people with knowledge of the matter said.
July 22, 2015Business
Kuehne + Nagel Agrees to Buy ReTrans
Swiss logistics company Kuehne + Nagel Group announced an agreement to acquire ReTrans Inc., a Tennessee-based freight management company to expand the buyer’s U.S. operations.
June 25, 2015Business
Premier Trailer Leasing Buys Baltimore-Based Vallerie Service Co.
Premier Trailer Leasing said it acquired the assets of Baltimore-based Vallerie Service Co., a provider of trailer and container rental and leasing services with about 1,200 semitrailers and 200 containers.
May 13, 2015Business
TransForce Buys Davis Transportation Services, Another Driver Sourcing Firm
TransForce Inc. has acquired Davis Transportation Services, another driver staffing company.
April 20, 2015Business
Dicom Transportation Group Acquires Modern Forwarding of Ontario
Dicom Transportation Group of Montreal, Quebec, said it has acquired Modern Forwarding in Windsor, Ontario, as part of an effort to expand its capabilities in handling cross-border freight shipments.
March 23, 2015Business
Ingersoll Rand Completes Frigoblock Acquisition
Ingersoll Rand has completed its previously announced acquisition of Frigoblock, a European manufacturer of transport refrigeration units, for 100 million euros (about $108 million).
March 9, 2015Business
Trucking, Logistics Acquisitions Expected to Continue in 2015
The hot 2014 trucking and logistics acquisitions market is likely to continue this year, driven by fleets’ need to secure capacity, rising economic expectations and a flood of available cash to pay for deals, analysts said.
March 9, 2015Business
Wood Creek Buys Trailer Lessor Milestone Equipment
Private equity firm Wood Creek Capital Management has acquired trailer leasing firm Milestone Equipment Holdings from Blackstone Tactical Opportunities. Terms were not disclosed.
March 6, 2015Business
Toll Holdings Agrees to Buyout by Japan Post
Toll Holdings Ltd., a transportation and logistics firm based in Australia and a major freight forwarder in the United States and Canada, said it has agreed to a buyout by Japan Post.
February 19, 2015Business
Hub International Acquires Alexander in Trucking Insurance Deal
Insurance firm Hub International Ltd. has acquired Alexander Insurance Agency, a San Antonio-based insurance brokerage for the commercial towing and transportation industries.
February 9, 2015