acquisition
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Finance
Roadrunner continues to restructure, sells intermodal unit to Universal Logistics
Roadrunner continues to restructure its operations by shuttering another unit. The company announced that it was selling its intermodal operations to Universal Logistics.
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Technology
Tesla acquires Deepscale, accelerates towards road-ready robotaxis
Deepscale’s focus on computer vision to give cars “sight” is different from light detection and ranging (LIDAR).
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Business
Heartland Express acquires Millis Transfer
Heartland Express has acquired Millis Transfer for approximately $150 million.
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Air Cargo
Ohio-based Depot Systems bought by WiseTech Global
Ohio-based container yard/terminal management software system Depot Systems has today been bought by Sydney, Australia-based WiseTech Global (ASX: WTC) for an undisclosed sum.
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Air Cargo
‘We’re doing what we said we would:’ AIT Worldwide CEO talks acquisition strategy
For AIT President and CEO Vaughn Moore, trusting the company’s process is more important than chasing any particular outcome.
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News
Kottke Trucking acquires Florida-based trucking fleet
Kottke Trucking, an interstate company focused on refrigerated and dry van transportation, recently acquired Davenport, Florida-based Wayne T. Fellows, which specializes in refrigerated less-than-truckload and…
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Europe
Takeaway.com and Just Eat merge to become a global superpower in on-demand food delivery
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
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Europe
UPS’ Marken consolidates European presence by acquiring three companies
Marken has acquired three European companies based out of central and eastern Europe, to expand its geographic footprint in the pharma and life science logistics…
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News
Fleetcor to acquire payroll provider
Fleetcor Technologies (NYSE: FLT), a global business payments company, has acquired SOLE Financial, a payroll card provider enabling instant wage access for workers. The acquisition…
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News
Self-driving start-up Drive.ai acquired by Apple (with video)
Hours before self-driving start-up Drive-ai was scheduled to close its doors and lay off all of its staff, Apple swooped in to buy the company.
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