Transportation Acquisition News Updates

About Acquisitions News...

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.

BusinessTechnologyLogistics

Triumph Financial Acquiring Greenscreens for $160 Million

Greenscreens.ai provides short-term freight market pricing intelligence using machine learning, allowing customers to make data-informed pricing and purchasing decisions.

February 27, 2025
BusinessLogisticsFor-Hire

TFI Eyes a 鈥楤rother鈥 for TForce Freight, Not a Merger

During TFI鈥檚 Q4 2024 earnings call with analysts Feb. 20, the company鈥檚 top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.

February 21, 2025
BusinessEquipmentLogistics

Standard Forwarding Freight Buys Midwest LTL Carrier From DHL

Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.

February 21, 2025
BusinessLogistics

KKR鈥檚 Sale of Logistics Provider Goodpack Attracts Investors

KKR & Co.鈥檚 revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.

February 21, 2025
BusinessFuel

BP Weighs $10 Billion Sale of Castrol Lubricants Unit

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

February 18, 2025
BusinessEquipmentPrivate

Herc Rentals Outbids United in $3.9B Merger with H&E

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

February 18, 2025
BusinessEquipmentPrivate

United Rentals Drops $3.4 Billion Purchase of H&E Equipment

United Rentals abandoned its plan to acquire H&E Equipment Services, declining to increase its original offer of $3.4 billion for the rival construction equipment supplier.

February 18, 2025
GovernmentBusinessEquipment

Trump Says Tariffs Are Saving US Steel

When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said they鈥檙e 鈥渋n love with them.鈥澛燯.S. Steel is 鈥渢hrough the roof,鈥 he said.

February 13, 2025
BusinessLogistics

GXO Caps Record-Setting Year With Q4 Revenue High-Water Mark

The Greenwich, Conn.-based contract logistics firm posted net income of $100 million, or 83 cents a diluted share, for the three months ending Dec. 31.

February 13, 2025
BusinessTechnologyLogisticsFor-Hire

Transportation M&A Gains Momentum in Late 2024

The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.

February 7, 2025