Mergers and acquisitions

Canada-based maritime terminal operator QSL becomes full owner of Transport Watson & Sycamore, a heavy-haul trucking company based in Quebec.

Flatbed carriers Hornady Transportation and Builder’s Transportation Co. announce the completion of their merger. The deal is part of parent company Daseke’s operational overhaul.

Canadian supply chain software firm Descartes Systems Group expands its final-mile offerings with acquisition of ShipTrack.

Envase Technologies platform will expand its presence in Canada with the acquisition of TMS provider Tailwind Transportation Software.

Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.

One of Canada’s largest trucking and logistics firms, Mullen Group, is being flooded with potential acquisitions as companies seek to sell, according to its CEO.

German forwarder says acquisition will expand its global business in handling nonhazardous bulk liquids such as alcoholic beverages and edible oils.

TFI International said it will not move forward with its planned acquisition of Canadian trucking company APPS Transport as CEO hints at issues with federal regulators.

Outsourced supply chain solutions provider Capstone Logistics has been acquired by former owner H.I.G. Capital.

Forward Air sees 60 cents per share in the third quarter. The earnings pre-announcement comes in significantly higher than analysts’ current forecasts.

OMERS Private Equity is considering selling Kenan Advantage Group, the tank truck carrier and logistics provider, according to a report in Bloomberg.

Cold storage operator Americold expands its portfolio again, this time in a $1.74 billion bid for the world’s fourth-largest provider. Americold plans to offer 33 million common shares in total to facilitate the deal.

Forward Air announces another acquisition as it advances its no-wait growth plan. The Greeneville, Tennessee-based trucking company adds intermodal drayage provider Value Logistics to its roster.

TFI International’s acquisition spree continues. The Canadian transportation and logistics company adds another bulk carrier to its portfolio with the purchase of Grammer Dry Bulk.

SAL Heavy Lift Group sees Intermarine expanding its ability to serve project cargo shippers throughout North and South America.

The fallout at Nikola could place additional scrutiny on new public offerings and nontraditional special purpose acquisition companies.

Kenan Advantage Group expands its presence in eastern Canada after subsidiary Westcan acquires Beaulac Transport.

TFI International says it will acquire DLS Worldwide from RR Donnelley for $225 million in a major acquisition that will expand the Canadian company’s U.S. logistics business.

Canadian trucking and logistics firm TFI International buys U.S. bulk carrier CCC Transportation, its third acquisition from bankrupt Comcar Industries.

MD Logistics, a specialist in handling temperature-controlled pharmaceuticals, will operate as a subsidiary of the Japanese logistics services provider.