M&A activity
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News
Knight-Swift acquires 3PL UTXL in $22.5M deal
Knight-Swift announced Tuesday the acquisition of third-party logistics provider UTXL in a $22.5 million transaction.
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News
Forward Air bolsters LTL service with J&P Hall acquisition
Forward Air announced it has entered an agreement to acquire expedited transportation and less-than-truckload provider J&P Hall Express.
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News
Lineage Logistics fattens coffers again with $1.9B funding round
Cold storage provider Lineage Logistics announced Thursday that it completed a $1.9 billion equity raise to fund new developments, M&A and technology initiatives.
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Air Cargo
Analysis: Apex deal makes Kuehne + Nagel largest air forwarder
Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.
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News
TFI still making deals, acquires Fleetway
Only a week removed from the $800 million purchase of UPS Freight, TFI International is back at it. On Monday, the company announced the acquisition…
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News
Americold closes on $1.74B bid for Agro
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
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News
GATX picks up 18,000 tank containers in latest deal
Railcar lessor GATX acquires tank container lessor Trifleet in 175 million euro deal.
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News
FitzMark sells majority interest to private equity firm
Indianapolis-based third-party logistics provider FitzMark announces the completion of a majority recapitalization. The transaction allows the brokerage consolidator to further pursue organic growth plans and…
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News
FitzMark acquires Fetch Logistics; third deal of 2020
Third-party logistics provider FitzMark announces its third brokerage acquisition of the year and fourth in the past two years.
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News
Titan Transfer adds JTL Carriers to portfolio
Truckload carrier Titan Transfer adds another fleet to the portfolio with the acquisition of JTL Carriers.
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