XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.
Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.
AFS Logistics announced Tuesday the acquisition of DTA Services.
Less-than-truckload carrier Dayton Freight Lines announced plans to acquire Valley Companies’ cartage operations.
Contract logistics giant GXO announced Monday it has officially made a bid for Clipper Logistics.
Contract logistics giant GXO sees numerous growth opportunities for years to come.
Temperature- and time-sensitive 3PLs join forces in the brokerage industry’s latest deal. Direct Connect Logistix announced Monday it has acquired Performance Logistics.
Refrigerated carrier Hirschbach announced the acquisition of John Christner Trucking. The combination will form one of the nation’s largest temperature-controlled fleets.
A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.
La última adquisición en la recta final acerca a la división a 1 billón de dólares de ganancias
J.B. Hunt Transport acquires less-than-truckload furniture carrier Zenith Freight Lines from Bassett Furniture.
Following numerous transportation and logistics deals in 2021, industry insiders discuss lofty expectations for 2022.
Port X Logistics adds warehousing and transportation provider Denver Express to its portfolio.
Intermodal trucking company RoadOne adds dedicated carrier EHS Trucking to its network. The deal marks its ninth acquisition in the last five years.
Schneider became the latest truckload carrier to bolt on a fleet. The company announced Tuesday the $263 million acquisition of dedicated carrier Midwest Logistics Systems.
Freight broker Trinity Logistics announced Monday it has acquired Team Eagle Logistics.
Several asset-based carriers changed their course through M&A in 2021.
Capacity crunch: Competition for carriers brings rising costs, new opportunities Continued freight demand and limited truckload supply are allowing trucking companies to be selective with which loads to take, causing greater competition among shippers. Customer characteristics are playing a key role in contract and spot rate negotiations with carriers reevaluating their customer mix based on […]
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
Radiant Logistics announced Monday that it acquired digital logistics services provider Navegate for $35 million.
