Enservco to acquire Buckshot Trucking for $5M
Onshore well services provider Enservco Corp. has entered an agreement to acquire Buckshot Trucking.
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.
Forward Air provided an update on January trends but made no mention of December numbers or who is currently in charge of recently acquired Omni Logistics.
Forward Air announced Thursday that it has closed on a merger with Omni Logistics following months of litigation.
Forward Air announced Monday that its deal with Omni Logistics will close at a slightly reduced amount.
A Delaware court will determine if Forward Air is required to close on a merger with Omni Logistics, or if Omni breached the deal agreement as alleged.
PS Logistics announced its second deal of the year, acquiring the flatbed operation of North Carolina-based ELS.
PS Logistics’ latest acquisition adds several hundred trucks to its Southeast operations.
Private firm Longpoint acquires 25 commercial logistics warehouses in South Florida for $262 million.
Chattanooga, Tennessee-based 3PL Kenco announced Thursday it has acquired third-party warehousing services provider The Shippers Group.
2023 brought two large truckload acquisitions, several less-than-truckload carriers picking through a bankrupt carrier’s assets and no resolution to a $3.2 billion merger attempt, among other transactions.
Counsel for Omni Logistics claims Forward Air’s CEO withheld requested notes from board meetings discussing plans to avoid a merger between the companies.
TFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business.
Forward Air said Wednesday it sold its final-mile business, but it provided no update on the status of a merger with Omni Logistics.
BWT Logistics announces it has acquired North Carolina-based regional 3PL International Express Trucking
ITE Management said Tuesday it has acquired a majority stake in intermodal chassis lessor Trend.
Colonial Terminals announced the acquisition of a bulk liquid terminal from Buckeye Terminals.
A recent exchange of filings in a Delaware court shows Forward Air and Omni Logistics are at odds over Omni’s 2023 financial forecasts, among other things.
An open letter from activist investor Ancora says the firm has come under attack following its public disapproval of Forward’s merger proposal with Omni Logistics.
Final-mile delivery company Riverstone Logistics said Monday it has acquired appliance delivery company Ralph’s Transfer.
Forward Air has filed a counterclaim against Omni Logistics and wants a Delaware court to rule it’s not obligated to move forward with the merger.
EFW said Monday it has closed on the acquisition of Superior Brokerage Services, which doubles its revenue and warehousing capacity.
Omni Logistics is asking a Delaware court to make Forward Air close on a planned merger between the two companies.
Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy.
Forward Air may decide to terminate its merger agreement with Omni Logistics even though a Tennessee court said it won’t stand in its way.
Activist investor Ancora said it will move to remove Forward Air’s board and CEO if a Tennessee court rules a shareholder vote on the Omi merger is warranted.
A Tennessee court will take more time mulling over a complaint from shareholders claiming they have the right to vote on Forward Air’s merger with Omni Logistics.
Radiant Logistics has acquired a Florida-based logistics partner that provides forwarding services to the cruise lines.
Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.
The sale of BNSF Logistics’ brokerage unit to J.B. Hunt will likely involve layoffs of an unspecified number of employees, parent company BNSF confirmed Friday.
Forward Air’s planned merger with Omni Logistics hit a roadblock this week as a Tennessee court said it will decide next month if shareholders get a vote.
Warehouse Services Inc. said Thursday it has acquired Sky Transportation Services, a dry van fleet specializing in cross-border shipments.
FLS Transportation builds out a North American footprint with the acquisition of AMAC Logistics.
J.B. Hunt Transport Services said Thursday after the market closed it has entered an agreement to acquire the brokerage arm of BNSF Logistics.
Estes Forwarding Worldwide announced plans to acquire fellow forwarder Superior Brokerage Services.
I Squared Capital has cobbled together a national portfolio of trailer lessors through M&A representing 55,000 units.
Forward Air defends its latest deal that will position it as a supplier and a competitor to its customers.
Expedited delivery provider Priority Courier Experts received a strategic investment from private equity firm Trident.
Bulk hauler Trimac said Wednesday it acquired Doyle Sims & Sons Trucking.
H.I.G. Capital announced it has entered an agreement to acquire expedited air and ground logistics provider Ascent Global Logistics.
Forward’s plan to acquire a large forwarder has stakeholders concerned.
Forward Air announced Thursday it will merge with asset-light logistics peer Omni Logistics.
Less-than-truckload carrier CrossCountry Freight Solutions announced Tuesday it has closed on the acquisition of Express 2000 Transportation.
Schneider National announced it has acquired Massachusetts-based M&M Transport Services.
Canada-based transportation provider Titanium Transportation announced Monday the acquisition of Georgia-based truckload carrier Crane Transport.
PS Logistics said Tuesday it has acquired Jacksonville, Florida-based truckload carrier and broker Rinaudo Enterprises.
Knight-Swift provided a second-quarter earnings warning on Wednesday while also confirming the closing of the U.S. Xpress acquisition.
Trappers Transport announced Wednesday it has acquired Plett Trucking in a deal that combines two Winnipeg, Canada-based temperature-controlled transportation and logistics providers.
RIST Transport acquired less-than-truckload peer AMA Transportation in a deal that creates a major regional player in the Northeast, according to an industry insider.
Ikea announced it has acquired cloud-based supply chain and warehouse management software provider Made4net.
Alterna Equity Partners announced Wednesday the acquisition of waste and industrial materials carriers Attaway Hauling and Choice Bulk Carriers.
Forwarder Worldwide Logistics Group announced it has acquired customs brokerage P. W. Bellingall.
Trimac Transportation completes the acquisition of propane and butane carrier Transport Sylvain Lasalle.
Transportation and logistics conglomerate R&R Express announced its second deal of the year on Monday.
Canadian trucking and logistics provider Mullen Group announced the acquisition of less-than-truckload and truckload carrier B. & R. Eckel’s Transport.
Trimac Transportation said Thursday it has completed the acquisition of AIP Logistics.
Triton International entered an agreement to be acquired for $13.3 billion by Brookfield Infrastructure Partners.
Temperature-controlled warehouse operator RLS Logistics has planted a flag in the Midwest.
Knight-Swift Transportation said it’s not backing away from M&A opportunities following its $808 million purchase of truckload carrier U.S. Xpress.
R&R Express announced Wednesday it has acquired Denver-based carrier Load to Ride.
Estes Forwarding Worldwide announced it has acquired trade show logistics provider Legacy Logistics.
Trucking company Rapid Response has been sold to its employees, investment banking firm ButcherJoseph announced Friday.
Transportation and logistics provider Sage Logistics Holdings said it has entered an agreement to acquire Byland Transportation.
Japanese air and ocean forwarder Yusen Logistics said it has increased its U.S. contract logistics offering with the acquisition of Taylored Services.
ArcBest said Tuesday it has further simplified its business model by selling emergency roadside and maintenance services provider FleetNet America.
TFI International said Tuesday it acquired asset-light intermodal provider Axsun.
Supply chain software provider Descartes announced Tuesday the acquisition of final-mile tech platform GroundCloud.
Jones Logistics said Thursday it has acquired dedicated carrier Nationwide Express.
FitzMark announced Wednesday it has completed its seventh acquisition in the last four years.
Temperature-controlled carrier R.E. Garrison Trucking announced it has acquired produce hauler Boaty’s Transport.
NOVA Infrastructure has announced it added another port drayage provider serving the Port of Charleston to its portfolio.
Forward Air announced it will buy fellow expedited less-than-truckload provider Land Air Express in a $56.5 million transaction.
Deal flow slowed in 2022, but there were still a number of transactions that changed trucking’s landscape during the year.
Cox Transportation announced Wednesday the acquisition of Outwest Express and its fleet of more than 400 tractors and 1,200 trailers.
Lazer Logistics said Tuesday it has acquired the yard shuttling operations from Colorado-based Preferred Cartage Trucking Services.
ContainerPort Group’s parent World Group announced the acquisition of distribution and trucking company Pacific Cascade.
Bluejay Capital Partners has acquired Atlanta-based 3PL Best Warehousing and Transportation for an undisclosed amount.
PS Logistics said Thursday its fifth acquisition of the year will expand coverage in the Southeast.
Forward Air said Monday it has entered into an agreement to acquire an intermodal drayage provider with locations in Mobile, Alabama, and Memphis, Tennessee.
Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.
Grammer Logistics said Monday it has acquired Logistics Management Resources, a 3PL serving the chemicals and industrial gases industries.
Freight broker Transfix announced it has terminated plans to go public. Instead, it will seek private funding from current investors.
Bay and Bay sells its tank transportation business to the largest food-grade hauler in the U.S.
TA Services announced that it has acquired California-based broker KPI Logistics.
NFI Industries acquires container drayage and warehousing provider MCO Transport.
Radiant Logistics announced Wednesday it has acquired a strategic operating partner in Minnesota.
Werner Enterprises announced its third acquisition since last summer on Monday, adding Baylor Trucking to its one-way operation at an undisclosed price.
Logistics real estate operator Prologis said Wednesday that its planned acquisition of Duke Realty has received shareholder approval.
Patriot Rail Company announced it is acquiring fellow short-line operator Delta Southern Railroad.
Western U.S. truckload carrier Super T Transport announced it has been sold to Austrian transportation and logistics provider Berger Logistik.
USA Truck said Thursday it has been sold to German 3PL DB Schenker.