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February 27, 2025Transportation Acquisition News Updates
Our acquisition articles provide the latest insights into trucking acquisitions and logistics mergers. Stay informed on industry trends, market shifts, and key developments that impact trucking and logistics professionals.
Triumph Financial Acquiring Greenscreens for $160 Million
TFI Eyes a Brother for TForce Freight, Not a Merger
During TFIs Q4 2024 earnings call with analysts Feb. 20, the companys top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.
February 21, 2025KKRs Sale of Logistics Provider Goodpack Attracts Investors
KKR & Co.s revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.
February 21, 2025BP Weighs $10 Billion Sale of Castrol Lubricants Unit
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
February 18, 2025Herc Rentals Outbids United in $3.9B Merger with H&E
Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.
February 18, 2025United Rentals Drops $3.4 Billion Purchase of H&E Equipment
United Rentals abandoned its plan to acquire H&E Equipment Services, declining to increase its original offer of $3.4 billion for the rival construction equipment supplier.
February 18, 2025Trump Says Tariffs Are Saving US Steel
When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said theyre in love with them.U.S. Steel is through the roof, he said.
February 13, 2025GXO Caps Record-Setting Year With Q4 Revenue High-Water Mark
The Greenwich, Conn.-based contract logistics firm posted net income of $100 million, or 83 cents a diluted share, for the three months ending Dec. 31.
February 13, 2025Transportation M&A Gains Momentum in Late 2024
The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.
February 7, 2025Purolator Buys Livingston to Boost International Operations
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars grows.
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