acquisition
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International
JD.com buys $432 million majority stake in express delivery giant
JD.com gets controlling stake in Chinese express transport firm Kuayue Express.
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Equipment
Texas truckers now steer Oklahoma livestock trailer maker (With Video)
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…
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Finance
Private equity firm buys Michigan construction company
Eberhart Capital buys Van Damme Construction, adding to the portfolio of industrial companies it manages and funds.
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News
Navistar takeover intrigue rises with TRATON leadership shakeup
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…
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International
Uber buys food delivery startup Postmates for $2.65 billion
Deal comes at the backdrop of food delivery company GrubHub’s $7.3 billion acquisition last month by Just Eat Takeaway.
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News
Bulkmatic to add capacity, customers with acquisition of Paris Transport
Bulkmatic Transport of Griffith, Indiana, has acquired Illinois-based Paris Transport Inc. to add capacity and improve customer service.
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Today's Pickup
Today’s Pickup: Isuzu Motors to acquire Volvo’s UD Trucks for $2.3 billion
Isuzu buys Volvo's UD Trucks; U.S. industrial production climbs in November; DHL increases parcel delivery price in Germany.
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Business
Logistics firm Vos Logistics makes strategic acquisition to expand services in the Benelux region
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…
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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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