acquisitions
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Technology
Amazon to acquire self-driving startup in a $1 billion+ deal
Amazon is looking to buy Zoox, a self-driving startup that seeks to create a fleet of electrified robo-taxis.
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Trucking
The ideal time to merge or sell could be now
The best time to build on your company’s offerings through acquisitions may actually be during a global disruption.
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News
Environmental services outfit Aevitas adds to fleet in flatbed acquisition
Canadian environmental services company Aevitas adds flatbed fleet with the acquisition of Fast Lane Freight Services.
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Business
Transplace acquires ScanData, parcel managed transportation platform
Transplace expands its mode optionality and network optimization to parcel.
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American Shipper
Maersk completes $545 million Performance Team acquisition
Global container carrier sails deeper into North American warehouse and distribution services.
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News
XPO to acquire Kuehne + Nagel’s UK contract logistics unit
XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest…
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News
SaaS Capital announces 3Gtms has acquired portfolio company Pacejet
Transportation and logistics software provider 3Gtms acquires cloud-based shipping software provider Pacejet.
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Canada
TFI buys courier services business as it polishes US logistics ‘diamond’
Canadian transportation company puts its money to work after raising $230 million in U.S. IPO as it works to grow its logistics business.
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Canada
Canadian LTL carrier Polaris acquires PRI Logistics
Polaris Transportation Group will get access to more freight for its Canada-to-U.S. less-than-truckload business with the purchase of Toronto-area 3PL brokerage PRI Logistics.
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News
Americold’s outlook for temperature-controlled storage remains strong
Americold sees “lots of occupancy opportunities” for cold storage moving forward.
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