Mergers News Updates

BusinessTechnologyFuelLogistics

Lightning EMotors Said to Be in Talks to Go Public

Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter.

November 19, 2020
BusinessTechnologyFuelLogistics

Electric Last Mile Solutions Said to Be in Merger Talks

Electric Last Mile Solutions, an electric vehicle startup, is in talks to go public through a merger with Forum Merger III Corp., according to people with knowledge of the matter.

November 19, 2020
BusinessLogistics

Trucking Sees Rise in Acquisitions

The trucking industry has experienced a robust acquisitions market over the past year that shows no signs of stopping.

January 30, 2020
BusinessTechnologyEquipmentLogisticsTCA

Wabtec Merger Complete as Strike Threat Hangs Over GE Plant

The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.

February 25, 2019
GovernmentBusinessTechnologyLogistics

Transporeon Group, TIM Consult Plan to Merge

Transporeon Group and TIM Consult GmbH announced plans to merge in an effort to provide a broader portfolio of logistics consulting and procurement services for shippers.

September 5, 2018
BusinessEquipmentLogisticsTop 100

2018 Top 100 Private Carrier Rankings: A Disappearing Act and More Mergers

This year’s edition of Transport Topics’ Top 100 Private Carriers list features a disappearing act — more than one, actually — as well as some big mergers in the offing and some new names.

August 20, 2018
BusinessLogistics

The Jordan Co. Embarks on Logistics Buying Spree

The summer has brought heat to mergers and acquisitions in the logistics sector, led by private equity firm The Jordan Co. moving aggressively to gather several firms under its umbrella.

June 18, 2018
BusinessEquipmentTCA

Wabtec to Merge With GE Transportation

GE Transportation, a foundation piece of the company built by inventor Thomas Edison, a business founded in Erie, Pa., and based there for most of its 110-year history, is merging with another Pennsylvania company in a deal worth $11.1 billion.

May 22, 2018
Business

Drive Train Industries, Inland Truck Parts Announce Merger

Two longtime employee-owned rivals have signed an agreement to merge after working independently in the truck parts and service business since the end of World War II.

April 30, 2018
Business

Seldat Distribution Merges With Oceanstar Express Co.

Seldat Distribution, a warehousing and distribution firm based in South Plainfield, N.J., has added ocean and airfreight forwarding and port drayage to its service offerings following a merger with California-based Oceanstar Express Co.

March 26, 2018