acquisition News Updates

Business, Technology, Logistics

Ascend Acquires Fuchs Trucking

Logistics services provider Ascend announced it acquired Fuchs Trucking, based in Sauk City, Wis., a move intended to deepen Ascend’s footprint in the upper Midwest.

November 7, 2022
Business, Logistics

Ryder Gets $4.4 Billion Takeover Offer From HG Vora

Ryder System Inc. on May 13 confirmed receipt of a $4.4 billion offer to be acquired by HG Vora Capital Management, a proposal that Wall Street analysts said reflects the high value the potential buyer sees in the leasing company’s business.

May 13, 2022
Business

AOI Capital Acquires RK Logistics Group

Third-party logistics company RK Logistics Group announced April 15 that it has been acquired by a group of investors led by the investment firm AOI Capital.

April 18, 2022
Business, Logistics

Roberts Energy Acquires Abenaqui Carriers

Direct fuel supplier Roberts Energy and its transport division Brown Bear Transportation announced Feb. 21 the acquisition of Abenaqui Carriers.

February 25, 2022
Business, Logistics

GXO Plans to Buy Clipper for About $1.3 Billion

GXO Logistics has reached agreement with Clipper Logistics on the key terms of a possible acquisition, both company boards announced Feb. 20.

February 22, 2022
Business, Top 100

Kenan Advantage Group Acquires K-Limited Carrier

Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.

February 7, 2022
Business, Equipment, Top 50, Top 100

J.B. Hunt Set to Acquire Zenith Freight Lines for $87 Million

J.B. Hunt Transport Services has entered into a definitive agreement to acquire the assets of Zenith Freight Lines for approximately $87 million.

January 31, 2022
Business

FleetPride Acquires Assets of Nationwide Truck Service

FleetPride Inc. announced it acquired the assets of Nationwide Truck Service, a Louisville, Ky., company.

January 25, 2022
Business, Equipment, Top 100

Bison Transport Acquires Hartt Transportation Systems

Bison Transport has acquired Hartt Transportation Systems Inc., a truckload carrier based in Bangor, Maine.

January 4, 2022
Business, Technology

Irish Firm AMCS Acquires Dossier Systems

AMCS has acquired Philadelphia-based fleet maintenance management software solutions provider Dossier Systems, the Limerick, Ireland-based company announced Nov. 16.

November 18, 2021