Alaska Airlines will become a major cargo airline with the integration of Hawaiian Airlines’ freighter fleet that services Amazon.
Daimler Truck and Toyota Motor Corp. plan to merge their Asian units to save money in new technology development.
If DoorDash acquired Instacart, it would create a formidable company, says one analyst.
The Surface Transportation Board has determined that a waiver that exempted Kansas City Southern from post-2001 merger rules governing rail mergers applies in the proposed merger between KCS and Canadian Pacific.
Volkswagen AG’s truck holding company TRATON and Navistar International Corp. reached a definitive agreement on TRATON’s $3.7 billion buyout of the maker of International trucks and IC buses.
A comfortable merger still requires managing change and making parts fit as technology races ahead, says Trinity Logistics President Sarah Ruffcorn
Diesel-electric hybrid truck components maker Hyliion expects to be publicly traded around the end of the third quarter in a reverse merger like one that catapulted electric Class 8 truck startup Nikola Corp. to a $23 billion valuation.
Berlin- and Paris-based startups are merging to become one of the largest digital trucking freight forwarding platforms in Europe.
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public, expects its shares to begin trading under its own name on the NASDAQ later this week.
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to $12 billion in the last week.
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.
Elderly driver charged following fatal truck collision and car explosion left two dead; competition law woes in hostile takeover; heavy vehicle roadworks and access; smart roads.
Fiat Chrysler’s merger bid with Renault is the type of consolidation that the auto industry needs at the moment to expedite innovation and the development of futuristic tech.
Fiat Chrysler submitted a proposal for a merger with French automaker Renault to create a preeminent global automotive group.
Burris Logistics, a $3.5 billion revenue 3PL, and Trinity Logistics, a $550 million revenue brokerage, are tying the knot.
Danish logistics major DSV is acquiring Swiss rival Panalpina in a deal worth $4.6 billion, creating one of the world’s largest companies in logistics and freight forwarding.
PepsiCo announced today that it will take over Israel-based SodaStream known for its DIY seltzer makers, in a deal worth $3.2 billion.
The merged companies could mean the transformation of the way we consume soda, as well as the consolidation of shipping and shelf space. The product can also bypass retail stores entirely and ship directly to consumers.
Strong rates and healthy economic fundamentals will pose opportunities and challenges for trucking mergers & acquisitions in 2018.
The merger of Knight Transportation and Swift Transportation may be the transportation highlight for the year, but there has plenty more activity revolving around mergers and acquisitions (M&A) in 2017, with no letup in sight.
Hong Kong-based logistics company GoGoVan has achieved unicorn status after agreeing to a merger with mainland China-based freight company, 58 Suyun.
According to PriceWaterhouseCooper (PwC) global transportation and logistics deals soared in the second quarter of 2017, rising 127% over the first quarter and 26% year-over-year. One of the reasons is e-commerce.
In a stock swap valued at $6 billion, truckload operators Knight Transportation and Swift Transportation have agreed to a merger. The new company, Knight-Swift Transportation Holdings, will have approximately 23,000 tractors, 77,000 trailers, 28,000 employees and control approximately 5% of the nation’s truckload market.