acquisitions
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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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News
After years of high growth, Daseke finds itself in need of a tune-up
Into its second decade of existence, Daseke pumps the brakes on acquisitions and attempts to streamline all that it has bought.
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Canada
C.A.T. acquires Penner International in big boost for fleet and Canadian network
C.A.T.'s purchase of Manitoba truckload carrier will rev up east-west moves in Canada and cross-border freight with Western U.S. while expanding tractor count by 50%.
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News
Daseke sees smaller loss in fourth quarter, restructuring ‘on schedule’ (with video)
Daseke updates guidance, lowering the expected fourth-quarter loss. The company’s restructuring remains on track.
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News
Heartland Express earnings miss partly related to recent acquisition
Heartland Express’ financial results were worse than expected in the fourth quarter of 2019. That said, a large acquisition shoulders more of the blame than…
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Business
Canadian fuel distributor Parkland grows US footprint and fleet with Kellerstrass acquisition
Deal to buy Utah-based company will expand Parkland Fuel’s presence in the Western United States with 84 locations and 63 trucks.
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