acquisition News Updates

Business, Technology

News: Bestpass & Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7. 

August 13, 2024
Business, Technology, Breaking News

Bestpass, Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.

August 7, 2024
Business, Logistics, Breaking News

Knight-Swift Buys Dependable Highway Express’ LTL Business

Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.

July 30, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

July 24, 2024
Business, For-Hire

TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase

TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.

June 24, 2024
Business, Equipment, Logistics, For-Hire

PS Logistics Buys Yordy Transport, Boosts Flatbed Ops Again

Diamond State Trucking & Logistics is to buy Morton, Ill.-based flatbed carrier Yordy Transport for an undisclosed sum, parent company PS Logistics said.

March 14, 2024
Business, Logistics, For-Hire

TFI Buys Hercules Forwarding to Boost US LTL Operations

TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.

March 12, 2024
Business, Logistics

Kenan Advantage Group Enters Dry Bulk Sector

Kenan Advantage Group bought Northern Dry Bulk for an undisclosed sum, marking its first major foray into dry bulk haulage, the top-ranked tank transporter said.

February 15, 2024
Business, Equipment, Logistics

PS Logistics Unit Expands Flatbed Division in North Carolina

PS Logistics’ Blair Logistics unit announced it has acquired the flatbed division of Kenly, N.C.-based ELS for an undisclosed sum.

January 23, 2024
Business, Fuel

Sunoco to Buy NuStar Energy for $7.3 Billion

Sunoco LP, a U.S. gas station owner, agreed to acquire pipeline and fuel storage company NuStar Energy LP for about $7.3 billion in a move to buy up more of a key part of its supply chain.

January 22, 2024