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, 2015Business
Radiant Logistics to Acquire Wheels Group
Radiant Logistics Inc. said it will acquire Canadian third party logistics firm Wheels Group for C$69 million ($57 million).
January 21, 2015Business
Knight Acquires Barr-Nunn for $112 Million
Knight Transportation said last week it bought dry van truckload carrier Barr-Nunn Transportation for about $112 million.
October 6, 2014Business
P&S Transportation Acquires Logistics Firm TA Services
P&S Transportation said its parent company has acquired Mansfield, Texas-based logistics firm TA Services Inc. Terms were not disclosed.
August 18, 2014Business
Hendrickson to Acquire Austrian Components Business
Truck component-maker Hendrickson said it plans to acquire the leaf spring and stabilizer segments of the Austrian Frauenthal Group, along with a number of its subsidiaries in Europe.
June 23, 2014