The acquisition brings 50 to 60 trucks and three service centers into Moran’s operations, increasing its total to 12 service centers and more than 675 pieces of equipment across the Midwest.
November 18, 2024Transportation 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.
Moran Transportation Expands Into Ohio With RMX Acquisition
TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western
TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.
November 13, 2024PS Logistics Unit Buys Louisiana Flatbed Carrier Fluker
Since 2016, Birmingham, Ala.-based PS Logistics has acquired 27 trucking operations and five non-asset-based logistics operations in the U.S.
November 12, 2024Nippon Steel Confident It Can Finalize Acquisition This Year
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.
November 7, 2024Evo Builds Out Truckload Operations With West Side Purchase
Phoenix-based Evo aims to build a diversified, national truckload carrier and brokerage through the acquisition of Cedar Rapids, Iowa-based West Side.
September 24, 2024CVC Willing to Bump DB Schenker Bid After Losing to DSV
CVC Capital Partners signaled it’s willing to increase its 14 billion-euro ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S.
September 18, 2024Washington State Moves to Block Albertsons-Kroger Deal
Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.
September 16, 2024Platform Science to Acquire Trimble’s Fleet Telematics Units
As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.
September 15, 2024DSV Buys DB Schenker for $15.9B, Creating Logistics Giant
DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.
September 13, 2024Groendyke Announces Acquisition of Linden Bulk Transport
Groendyke Transport on Aug. 19 announced a definitive agreement to acquire all the tank truck assets of Linden Bulk Transportation from Depot Connect International.
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