transportation M&A

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.