3PL Wagner Logistics acquires contract logistics business
Wagner Logistics announced that it has acquired Dawson Logistics’ contract logistics unit.
Wagner Logistics announced that it has acquired Dawson Logistics’ contract logistics unit.
PGT Trucking announced it has acquired fellow flatbed carrier Debrick Truck Line.
Enterprise Mobility has entered the heavy-truck transportation market with the acquisition of lessor and dedicated provider Hogan.
Third-party logistics provider RPM Freight Systems announced it has acquired fellow car haul services provider Professional Automotive Relocation Services.
American Worldwide Agencies announced it has expanded its neutral wholesale freight network with the acquisition of UAC USA.
Food distributors Performance Food Group and US Foods have ended merger talks following a brief courtship.
Page Trucking announced it will acquire specialized bulk hauler Goulet Trucking.
Third-party logistics provider BlueGrace announced it has acquired Michigan-based peer STB Freight Group.
Specialized less-than-truckload carrier XGS has been acquired by LRT Group.
Employee-owned companies Interstate Personnel Services and J&R Schugel agree to join forces.
DSV announced it will sell USA Truck, an Arkansas-based truckload carrier, as it does not align with the Danish freight forwarder’s asset-light business model.
Forward Air’s stock fell sharply on Monday following a report that it hasn’t yet received a satisfactory takeover offer.
Industry veteran-led startup CoPilot announced its initial acquisition as it works toward establishing a global logistics platform.
Home goods retailer Ikea has acquired U.S.-based logistics technology company Locus to improve its final-mile delivery network.
Third-party logistics provider ATS Logistics Services has agreed to acquire the brokerage operations of Trailer Bridge.
Trimac Transportation announced it has acquired Houston-based chemical hauler Service Transport Company.
Expedited carriers C&M Transport and Barrett Directline have entered a merger agreement.
Paschall Truck Lines’ parent Interstate Personnel Services is looking to add temperature-controlled capabilities to its network with the acquisition of J&R Schugel.
Rose Rocket announced Monday that it has acquired Toronto-based technology provider Centro.
Supply chain services provider TIG has agreed to acquire food-grade logistics provider PDM.
BWT Logistics has acquired RAZR Logistics, adding on-demand warehousing to its services.
Radiant Logistics’ fiscal fourth quarter results came in ahead of analysts’ expectations.
Logistics Plus announced the acquisition of Chicago-based freight brokerage LoadDelivered Logistics.
Radiant Logistics announced it has taken an 80% stake in Weport, a Mexico-based transportation and logistics provider.
Payables automation platform BravoTran announced the addition of receivables capabilities with the acquisition of Keystroke.io.
The Pasha Group announced it has expanded service at the ports of Seattle and Tacoma by acquiring the transloading assets of MacMillan-Piper and Tacoma Transload.
A second round of buyout bids for Forward Air are due next month, according to an M&A blog.
Yard management provider Lazer Logistics announced the acquisition of three companies that provide trailer leasing, yard spotting and shuttling services.
Echo Global Logistics announced it has acquired Huntington Beach, California-based 3PL FreightSaver for an undisclosed sum.
Trimac adds to its specialized and flat deck offerings with the acquisition of Searcy Trucking.
Global supply chain SaaS provider Descartes announced on Monday that it has acquired cloud-based inventory management company Finale Inventory for $40 million.
OneCompass Holdings announced it is acquiring Koleaseco, Inc. and plans to operate the fleet under another portfolio company, Hyway Trucking.
Cold storage facility operator Lineage has acquired three locations in Canada and plans to expand another three locations in the country by the middle of next year.
Providence Equity Partners has acquired a controlling stake in Global Critical Logistics.
Private equity firm Cambridge Capital announced it is combining its majority-owned broker Everest Transportation Systems with fellow 3PL Simple Logistics.
Kenan Advantage Group acquires the largest milk hauler on Canada’s Atlantic Coast.
Chattanooga, Tennessee-based Kenco said Monday it has acquired the 3PL arm of Ontario, Canada-based company Drexel Industries.
Bulk liquid hauler Premier Bulk Systems has acquired Canadian peer Longhorn Transportation.
Forward Air is seeking shareholder approval to reincorporate in Delaware, where it may be easier to sell the company or seek other strategic alternatives.
Freight forwarder AIT Worldwide Logistics announced it has acquired a Miami-based forwarder.
Investment firm Stonepeak has acquired energy-focused transportation and logistics company Dupre Logistics.
Third-party logistics provider FitzMark announced the acquisition of brokers High Point Logistics and Pentonix Freight.
Vertical Cold Storage has acquired Arctic Logistics and its warehouse serving the Detroit-Ontario, Canada, region.
Cold storage facility operator Lineage has acquired Bellingham Cold Storage and its three warehouses.
An internal memo at liquid bulk hauler MC Tank Transport shows the company has been sold to Kenan Advantage Group.
ContainerPort Group’s parent has acquired Dray Alliance, creating one of the largest dray networks serving the Southern California ports.
Kenan Advantage Group has acquired Mobile, Alabama-based Evergreen Transport for an undisclosed sum.
Radiant Logistics has acquired California-based freight forwarder Transcon Shipping.
Allstates WorldCargo announced it has acquired freight forwarding peer Saturn Freight Systems.
An entity with ties to shuttered car hauler Jack Cooper has acquired and relaunched regional less-than-truckload carrier Standard Forwarding.
Driver recruiting specialist Tenstreet announced Monday it has acquired driver visibility and communications platform TextLocate.
Bulk hauler Trimac announced it has acquired Watt & Stewart and its locations in the U.S. and Canada.
An entity owned by the family that owns car hauler Jack Cooper has acquired Standard Forwarding.
BlueGrace Logistics has acquired FreightCenter, which significantly expands its less-than-truckload offering.
Cass Information Systems rounds out its freight payments platform with the acquisition of AcuAudit.
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
Digital 3PL Fura announced Friday its third acquisition with the addition of Pinwheel Logistics.
Less-than-truckload carrier Pitt Ohio has acquired Midwest carrier Sutton Transport.
M&A adviser Spencer Tenney shares his thoughts on deal activity in the new year.
Same-day logistics provider Priority Courier Experts announced it has acquired Now Courier.
Radiant Logistics has acquired intermodal marketing company TCB Transportation.
Kenan Advantage Group announced the acquisition of Texas-based XBL.
Schneider National announced it has acquired Cowan Systems and some of its real estate assets in a deal totaling more than $400 million.
Kenan Advantage Group announced Friday that it has acquired Michigan-based dry bulk hauler PRM Trucking.
A majority stake in less-than-truckload carrier Roadrunner has changed hands from an activist investor to an investment group led by the company’s CEO.
PS Logistics announced it has acquired Louisiana-based flatbed carrier Fluker Transportation for an undisclosed sum.
Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.
Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.
After mounting pressure from some shareholders following an ill-fated merger, sources have confirmed to FreightWaves that Forward Air is working with investment bankers to sell the company.
Supply chain software provider Descartes said Monday it has acquired omnichannel e-commerce platform Sellercloud in a deal that could total $130 million.
Hub Group announced a joint venture with Mexico’s largest intermodal carrier, EASO.
Investment firm Alta Fox has joined some of Forward Air’s other investors that are calling on the expedited trucking company to consider a sale following its controversial acquisition of Omni Logistics.
Radiant Logistics announced its seventh acquisition in the past year on Wednesday, acquiring operating partner Focus Logistics.
Universal Logistics said the $194 million acquisition of rail terminal operator Parsec will be immediately accretive to earnings.
Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.
Canadian supply chain SaaS provider Descartes acquired MyCarrierPortal, which provides brokers and shippers with carrier onboarding and risk monitoring tools.
RXO announced Monday that it has completed the acquisition of freight broker Coyote Logistics.
Radiant Logistics has acquired oil and gas transportation and logistics specialist Foundation Logistics & Services.
Newly-formed Jack Cooper LTL is rumored to be in talks to purchase less-than-truckload carrier Standard Forwarding.
Kenan Advantage Group has acquired Louisiana-based tanker trucking company TransVac for an undisclosed sum.
Global warehouse operator Prologis announced its Mexican affiliate has acquired a 77% equity stake in Fibra Terrafina.
Knight-Swift announced its third less-than-truckload acquisition on Tuesday, purchasing Los Angeles-based Dependable Highway Express for an undisclosed sum.
Love’s said Monday it has acquired the U.S. transportation factoring portfolio from REV Capital.
Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.
TFI International has acquired food-grade tank hauler Entreposage Marco for an undisclosed sum.
Descartes has completed its third acquisition of the year, acquiring BoxTop Technologies for $13 million.
Forward Air’s shareholders approved the conversion of Omni’s nonvoting shares to voting common stock, giving the group 35% control of the combined entity.
Transfix is selling its brokerage business to supply chain services provider NFI.
Broker FLS Transportation announced it has acquired Anderson Transportation and Logistics, which brings flatbed brokerage expertise to the platform.
Radiant Logistics has acquired Cascade Transportation, a provider of time-critical domestic and international transportation services.
Transportation M&A adviser Spencer Tenney said a stabilizing freight market is helping to support M&A demand.
Onshore well services provider Enservco Corp. has entered an agreement to acquire Buckshot Trucking.
Bulk hauler Trimac announced the acquisition of North Carolina-based Feldspar Trucking, which hauls materials used for glass and ceramics production.
TFI International has acquired less-than-truckload carrier Hercules Forwarding, which generates over $100 million in revenue each year.
PS Logistics announced the acquisition of flatbed fleet Yordy Transport on Monday.
Analysts didn’t get the level of detail they were hoping for Thursday during Forward Air’s first quarterly call since its messy merger with Omni Logistics.
Forward Air’s fourth-quarter results sent shares lower in after-hours trading on Wednesday as investors hope a Thursday call will provide financial targets following a controversial merger.
Third-party logistics provider Air Van announced it acquired G&C Cartage.
Liquid bulk hauler Kenan Advantage Group announced it has entered the dry bulk space with the acquisition of Northern Dry Bulk.
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.