Convoy hires bank to advise on strategic interest
The freight market downturn has made profitability elusive.
The freight market downturn has made profitability elusive.
OnLine Transport Inc. acquires 90-truck carrier A/T Transportation in Indiana.
3i Infrastructure-backed Regional Rail is adding Clinton Terminal Railroad to its assets in North Carolina.
Truckstop has acquired FreightFriend, an AI-powered carrier relationship management platform.
Former Celadon subsidiary Jaguar Transportation has been acquired by a consortium of U.S., Mexican investors.
Barnhart Transportation, a Pennsylvania-based carrier with 170 trucks, has been acquired for $53 million by Houston-based SMG Industries.
Mexico-based transporter Traxion has acquired Las Vegas-based BBA Logistics for $10 million.
NFI Industries has acquired warehousing and fulfillment provider SDR Distribution Services in Canada.
Canadian Pacific Kansas City, or CPKC, marked its first day as the merged company of CP and KCS on Friday.
Canadian Pacific laid out who will be in key leadership roles after the company merges with Kansas City Southern in April.
Shippers and others weigh in on the Surface Transportation Board approving the railroad merger of Canadian Pacific and Kansas City Southern.
Atlas Air has apparently cleared the final hurdle for its sale to Wall Street hedge funds.
A year ago, they fought over patent infringement. Now Ouster and Velodyne are one company seeking to win in the overcrowded lidar market.
Inside this edition: A merger or acquisition might be worth considering; big trends in the supply chain world this year; and a cannabis/3PL deal closes.
Trimble is acquiring German transportation management system provider Transporeon for $1.9 billion.
Coupa Software is being acquired by Thoma Bravo in a deal valued at $8 billion.
Atlas Air, a large cargo airline and lessor, is one step closer to becoming a private company after a shareholder vote.
Texas-based chemical transporter Quantix has acquired five carriers, adding more than 140 trucks to its fleet.
Truckload carrier Ascend announced the acquisition of Wisconsin-based Fuchs Trucking, a regional carrier with 96 trucks and 90 drivers. (Photo: Fuchs Trucking)
Promoting competition, Laredo’s rail conversion potential and passenger rail in Louisiana were among the themes explored in the second half of the seven-day hearing proceeding on the CP-KCS merger.