Though most logistics companies are operating with reduced revenue and earnings, deals in the sector have not ground to a halt. One recent deal was significant enough that the Tenney […]
Private equity firms are looking hard at trucking brokerages, and the owners of those companies need to keep their risk profile in check. Photo: FreightWaves
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Cardinal Logistics has acquired heavy-goods final-mile provider NRX Logistics. The deal marks the third final-mile transaction for M&A advisory firm Tenney Group in the last year.
Fraley & Schilling has acquired the assets of KBT Enterprises, an Indiana-based carrier specializing in dry bulk material transportation.
Truckload carrier Titan Transfer adds another fleet to the portfolio with the acquisition of JTL Carriers.
FreightWaves’ JT Engstrom and Tenney Group’s Spencer Tenney sit down at the FreightWaves Carrier Summit to discuss reasons trucking deals are outpacing broader deal flow.
