acquisition

Mudflap has completed its acquisition of Parade. The deal pairs Mudflap’s location-verified carrier network with Parade’s capacity management platform for brokers, which has facilitated more than $40 billion in total cumulative freight transactions. Mudflap boasts more than 515,000 drivers across over 100,000 verified carriers. The Palo Alto-based fintech company provides fuel discount solutions to carriers […]

Kriska Transportation Group is expanding its cross-border cold-chain footprint with the acquisition of Sharp Transportation Systems.

Avkha Equity Holdings acquisition positions Dart Transit as a growth platform across the U.S. truckload market, officials said.

Third-party logistics provider Trinity Logistics has acquired Granite Logistics, a freight agent partner of nearly 14 years with offices in Sartell and Minneapolis, Minnesota.

Nuvocargo’s acquisition of Mentum is aimed at benefiting shippers and carriers in the North American trade corridor.

Coupa’s acquisition of Scoutbee signals a major shift toward data-driven sourcing across global supply chains.

Ajex Logistics acquisition boosts DHL’s presence in the Middle East e-commerce market.

Freight technology company Truckstop announced it has acquired Denim, a transportation-focused financial tech business and factoring service that automates invoicing.

Milton, Pennsylvania-based logistics company Patton Logistics Group has announced it will purchase Milton Transportation and Warehousing and its sister company, BTR Inc.

Shortline operator Regional Rail expanded its network with the acquisition of Minnesota Commercial Railway.

Wells Fargo is selling its rail leasing equipment business to a joint venture of GATX Corp. and Brookfield Infrastructure.

The cloud-based TMS provider was founded in 2013.

British infrastructure investor Ancala and Arkadia Rail Partners have teamed up to purchase Lehigh Valley Rail Management.

UPS makes acquisitions to bolster the health care segment of its business.

The collaboration between FreightVana and Loadsmith taps into FreightVana’s deep experience in blending asset trailers with technology to support diverse customer needs.

The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Alabama.

EVO Transportation & Energy Services has acquired West Side Transport, expanding its geographic footprint and enhancing service offerings.

The Class I railroad, CSW, is now the fourth to become a member of RailPulse.

The acquisition of Cincinnati East Railroad brings Regional Rail’s overall number of railroads to 16.

In this edition: Coyote finds another home, and another firm closes its doors.

BlueGrace plans to integrate Evos into its BlueShip platform for real-time optimization and will sell the SaaS platform as a stand-alone product.

Trucking technology company ConMet has acquired Truck Labs, whose aerodynamic TruckWings save 3%-6% on a fleet’s fuel bill.

Ryder System Inc. is acquiring contract manufacturing and packing company Impact Fulfillment Services in a deal involving operations in 15 states.

Hyliion Holdings is buying generator technology from General Electric Co. that can make electricity from a variety of mixed fuels.

Descartes is paying $4 million for last-mile routing technology firm Foxtrot.

BP adds to wind power-based electricity generation with a foothold in U.S. electric vehicles through the purchase of startup Amply Power.

“The acquisition of RJ’s further expands the reach of A&R’s liquid platform into strategic geographies and allows our team to continue meeting the needs of our customers across the supply chain.”

“We started figuring out how we can layer in artificial intelligence to our systems to allow our customers to be predictive and not reactive,” Panasonic executive tells FreightWaves.

Yum! Brands already has 900 KFC, Pizza Hut and Taco Bell locations across 35 countries using the platform for ordering food on messaging applications

“Together we have ambitious plans to invest in and expand the Remix product suite to offer enhanced capabilities for planning and bus scheduling and operations,” said Via co-founders Daniel Ramot and Oren Shoval.

Amazon.com Inc. bought Whole Foods Market Inc. on Aug. 28, 2017, for $13.7 billion, following up with changes to the grocery brand.

“Mid-Pacific gives us a West Coast presence and significant expertise in the open deck segment of the industry,” said Matt Ziegler, CEO of ZMac Transportation.

Descartes acquired QuestaWeb for approximately $36 million.

BorgWarner continues to build up its portfolio for commercial vehicle electrification with the $880 million acquisition of European battery maker AKASOL.

JD.com gets controlling stake in Chinese express transport firm Kuayue Express.

Oklahoma institution Barrett Trailers rises again as owners of a Texas livestock-hauling company and trailer dealership buy the company from Stoughton Trailers and rehire workers laid off during pandemic.

Eberhart Capital buys Van Damme Construction, adding to the portfolio of industrial companies it manages and funds.

The departure of Andreas Renschler as CEO of TRATON assures that new executives at TRATON and Navistar will oversee what most see as an inevitable combination.

Deal comes at the backdrop of food delivery company GrubHub’s $7.3 billion acquisition last month by Just Eat Takeaway.

Bulkmatic Transport of Griffith, Indiana, has acquired Illinois-based Paris Transport Inc. to add capacity and improve customer service.

Isuzu buys Volvo’s UD Trucks; U.S. industrial production climbs in November; DHL increases parcel delivery price in Germany.

Vos Logistics has acquired SNEL Shared Logistics, which operates a 65,000 m2 warehouse in close proximity to the major Dutch cities of Amsterdam, Rotterdam, Den Hague and Utrecht.

Roadrunner continues to restructure its operations by shuttering another unit. The company announced that it was selling its intermodal operations to Universal Logistics.

Deepscale’s focus on computer vision to give cars “sight” is different from light detection and ranging (LIDAR).

Heartland Express has acquired Millis Transfer for approximately $150 million.

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.

For AIT President and CEO Vaughn Moore, trusting the company’s process is more important than chasing any particular outcome.

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 truckload hauling. With the acquisition, Kottke, headquartered in Buffalo Lake, Minnesota, will add 43 truck drivers and 22 non-driving positions. “This opportunity allows us to be a full-service provider to […]

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.

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 segments.

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 will combine SOLE with Fleetcor’s existing digital paycard business and increase the company’s overall market. Fleetcor owns Comdata, the largest over-the road fuel card provider. “SOLE is a good strategic […]

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.

Apple is looking to buy autonomous driving technology startup Drive.ai, which might help the company gain ground against its bigger competitors in the self-driving niche.

Global logistics solutions group, WiseTech Global, has announced the acquisition of Xware, a leading messaging integration solutions provider in Sweden.

Automotive parts, tires, fuels and lubricant specialist U.S. Venture has bought energy information and supply chain management company Breakthrough Fuel for an undisclosed sum.

With this acquistion, TeleSense will help drive the automation of the grain supply chain and expand its footprint across Europe.

WebCargo by Freightos has acquired India-based Air Freight Bazaar, with the intent of expanding its footstep in global air cargo digitalization.

In partnership with Redwood Logistics… we spoke to Michael Johnson, the architect of Strive Logistics’ LoadRunner matching and pricing engine.

Danish logistics major DSV is acquiring Swiss rival Panalpina in a deal worth $4.6 billion, creating one of the world’s largest companies in logistics and freight forwarding.

Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of Uber. The transaction is expected to be completed by Q1 2020.

Uber is in talks with Middle Eastern on-demand cab hailing rival Careem for an acquisition deal that is expected to be made public this week.

The Rhenus Group, a German-based logistics service provider, acquired Canadian logistics company Rodair this week.

Through this acquisition, Omnitracs will work towards creating a truly unified driver experience through its next release Omnitracs One, expected to be unveiled late this year.

Worldwide customs and logistics software provider WiseTech Global has today announced the acquisition of Containerchain, a provider of a shipping container tracking and managing systems for AU$92 million (just over USD$65.8 million) in cash.

DP World (NASDAQ Dubai: DPW) announced that it will repurchase P&O Ferries from Dubai World according to a DP World press release. The acquisition will be worth BGP (British pound sterling) 322 million or $421 million. (All values will be converted to U.S. dollars.)

Sponsored by Redwood LogisticsRedwood Logistics announced its acquisition of Strive Logistics Monday, cementing Redwood’s place as a top-15 truck broker and an emerging multimodal logistics provider with over $1 billion in freight under management.

Bridgestone Europe is acquiring TomTom Telematics for €910 million, a definitive step towards bolstering its presence in the “mobility solutions” segment. This acquisition would provide Bridgestone the leverage to up-sell and cross-sell solutions to a broader customer base.

Melbourne-based MaxiTRANS, an Australian manufacturer and supplier of trailers and road transport equipment, has bought a local live bottom trailer manufacturer. It has also disposed of its majority shareholding in a panel-making business in China.

Since the launch of Ford Smart Mobility, Ford has been intent on gaining ground in alternate mobility with e-biking being an important segment. Apart from acquiring Spin, the company has also bought GoBike and has launched an e-bike service ‘Jelly’, across the Purdue University campus.

The deal marks Transplace’s eighth acquisition in seven years, according to Transplace CEO Frank McGuigan.