Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.
May 3, 2019Transportation 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.
M&D Distributors Expands Service Network in Texas
M&D Distributors, an independent aftermarket distributor of diesel engine parts and components, announced its asset acquisition of Diesel Testers Inc., a service dealer that provides diesel engine parts and repair services through its retail location in Odessa, Texas.
May 31, 2019GTI Acquires Jetco to Establish US Operational Platform
GTI Transport Solutions Inc., a provider of open-deck, specialized and overdimensional freight services, has acquired Jetco, a Houston-based carrier, according to a news release by GTI and its parent company, Novacap of Montreal.
May 13, 2019Redwood Logistics Acquires Eminent Global Logistics
Redwood Logistics acquired Eminent Global Logistics, a transportation management systems implementation and service company, according to a May 9 news release.
May 13, 2019AE Industrial Partners Acquires Alpine Air Express
AE Industrial Partners has acquired Provo, Utah-based Alpine Air Express Inc., a logistics and transportation company providing regional air cargo services, according to an AEI news release.
May 10, 2019Universal Logistics Acquires Michael’s Cartage
Aterian Acquires Xpress Global Systems
Aterian Investment Partners, a private investment firm, said it has acquired Xpress Global Systems.
December 28, 2018DSV Ends Bid to Acquire Ceva Logistics
DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.
October 24, 2018Mansfield Energy Acquires FuelTrac
Mansfield Energy Corp. has purchased FuelTrac, a fleet fuel management company based in Baton Rouge, La.
August 6, 2018Peoples Services Acquires Grimes Cos. to Expand in Southeast
Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.
April 18, 2018Englander Transportation Acquires Three Companies
Englander Transportation has acquired three Mountain City, Tenn., trucking companies, which will significantly increase Englander’s size.
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