transportation M&A

R&R Express announced Wednesday it has acquired Denver-based carrier Load to Ride.

Estes Forwarding Worldwide announced it has acquired trade show logistics provider Legacy Logistics.

Trucking company Rapid Response has been sold to its employees, investment banking firm ButcherJoseph announced Friday.

Transportation and logistics provider Sage Logistics Holdings said it has entered an agreement to acquire Byland Transportation.

Japanese air and ocean forwarder Yusen Logistics said it has increased its U.S. contract logistics offering with the acquisition of Taylored Services.

ArcBest said Tuesday it has further simplified its business model by selling emergency roadside and maintenance services provider FleetNet America.

TFI International said Tuesday it acquired asset-light intermodal provider Axsun.

Supply chain software provider Descartes announced Tuesday the acquisition of final-mile tech platform GroundCloud.

Jones Logistics said Thursday it has acquired dedicated carrier Nationwide Express.

FitzMark announced Wednesday it has completed its seventh acquisition in the last four years.

Temperature-controlled carrier R.E. Garrison Trucking announced it has acquired produce hauler Boaty’s Transport.

NOVA Infrastructure has announced it added another port drayage provider serving the Port of Charleston to its portfolio.

Forward Air announced it will buy fellow expedited less-than-truckload provider Land Air Express in a $56.5 million transaction.

Deal flow slowed in 2022, but there were still a number of transactions that changed trucking’s landscape during the year.

Cox Transportation announced Wednesday the acquisition of Outwest Express and its fleet of more than 400 tractors and 1,200 trailers.

Lazer Logistics said Tuesday it has acquired the yard shuttling operations from Colorado-based Preferred Cartage Trucking Services.

ContainerPort Group’s parent World Group announced the acquisition of distribution and trucking company Pacific Cascade.

Bluejay Capital Partners has acquired Atlanta-based 3PL Best Warehousing and Transportation for an undisclosed amount.

PS Logistics said Thursday its fifth acquisition of the year will expand coverage in the Southeast.

Forward Air said Monday it has entered into an agreement to acquire an intermodal drayage provider with locations in Mobile, Alabama, and Memphis, Tennessee.

Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.

Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.

Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.

Grammer Logistics said Monday it has acquired Logistics Management Resources, a 3PL serving the chemicals and industrial gases industries.

Freight broker Transfix announced it has terminated plans to go public. Instead, it will seek private funding from current investors.

Bay and Bay sells its tank transportation business to the largest food-grade hauler in the U.S.

TA Services announced that it has acquired California-based broker KPI Logistics.

NFI Industries acquires container drayage and warehousing provider MCO Transport.

Radiant Logistics announced Wednesday it has acquired a strategic operating partner in Minnesota.

Werner Enterprises announced its third acquisition since last summer on Monday, adding Baylor Trucking to its one-way operation at an undisclosed price.

Logistics real estate operator Prologis said Wednesday that its planned acquisition of Duke Realty has received shareholder approval.

Patriot Rail Company announced it is acquiring fellow short-line operator Delta Southern Railroad.

Western U.S. truckload carrier Super T Transport announced it has been sold to Austrian transportation and logistics provider Berger Logistik.

USA Truck said Thursday it has been sold to German 3PL DB Schenker.

As the freight cycle shifts to a lower gear, deal flow throughout the industry remains hot.

Lineage Logistics announced the expansion of its European transportation and distribution network through acquisition Thursday.

RoadOne IntermodaLogistics announces its fourth acquisition in the past year.

RoadOne IntermodaLogistics announced the acquisition of Oakland, California-based R&A Trucking.

PS Logistics has acquired transportation assets from Phoenix Leasing of Tennessee and its sister company Colonial Freight Systems.

Truckload carrier Heartland Express will take on another difficult turnaround in CFI, which it acquired from TFI International for $525 million.

Heartland Express announced Monday the acquisition of CFI’s non-dedicated dry van and temperature-controlled fleet in the U.S. and its logistics operation in Mexico.

Middle-market private equity firm Red Arts Capital announces its latest investment in the supply chain.

KLLM Transport Services, one of the nation’s largest temperature-controlled carriers, on Thursday announced its acquisition of Quest Global.

Less-than-truckload carrier Pitt Ohio announced the acquisition of assets from Teal’s Express, which will provide it coverage in New York.

Cougar Express, a Transportation and Logistics Systems subsidiary, has entered into an agreement to acquire a local cartage outfit near JFK International Airport.

Burris Logistics expands cold chain service map for subsidiary Honor Foods in its latest acquisition.

A midyear report showed mixed data for deal flow in the transportation and logistics sector.

Red Arts Capital makes another acquisition in the supply chain, adding contract packaging provider Coregistics to its portfolio.

Following an acquisition that gave ShipX end-to-end e-commerce delivery capabilities, the company is looking to expand its geography.

DSV has been reported to be interested in acquiring C.H. Robinson’s global forwarding unit for as much as $9 billion.

Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.

El acuerdo por los activos de deBoer Transportation añade 160 tractores y 660 remolques a la flota

Schneider announced the acquisition of deBoer Transportation, a regional dedicated fleet of 160 power units.

Temperature-controlled warehouse operator Lineage Logistics and Bay Grove acquire supply chain visibility platform Turvo for an undisclosed amount.

ShipX creates an end-to-end e-commerce solution with the acquisition of Princeton Logistics and TriStar Carriers.

Third-party logistics provider Fox Logistics announced it has acquired Boxton’s automated freight platform.

Forward Air announced the first West Coast addition to its drayage franchise with the acquisition of Edgmon Trucking.

Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.

GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.

STG Logistics has made nearly a dozen acquisitions over the last five-plus years. However, its latest deal for XPO’s intermodal unit is its most transformative yet.

XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.

Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.

AFS Logistics announced Tuesday the acquisition of DTA Services.

Less-than-truckload carrier Dayton Freight Lines announced plans to acquire Valley Companies’ cartage operations.

Contract logistics giant GXO announced Monday it has officially made a bid for Clipper Logistics.

Contract logistics giant GXO sees numerous growth opportunities for years to come.

Temperature- and time-sensitive 3PLs join forces in the brokerage industry’s latest deal. Direct Connect Logistix announced Monday it has acquired Performance Logistics.

Refrigerated carrier Hirschbach announced the acquisition of John Christner Trucking. The combination will form one of the nation’s largest temperature-controlled fleets.

A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.

La última adquisición en la recta final acerca a la división a 1 billón de dólares de ganancias

J.B. Hunt Transport acquires less-than-truckload furniture carrier Zenith Freight Lines from Bassett Furniture.

Following numerous transportation and logistics deals in 2021, industry insiders discuss lofty expectations for 2022.

Port X Logistics adds warehousing and transportation provider Denver Express to its portfolio.

Intermodal trucking company RoadOne adds dedicated carrier EHS Trucking to its network. The deal marks its ninth acquisition in the last five years.

Schneider became the latest truckload carrier to bolt on a fleet. The company announced Tuesday the $263 million acquisition of dedicated carrier Midwest Logistics Systems.

Freight broker Trinity Logistics announced Monday it has acquired Team Eagle Logistics.

Several asset-based carriers changed their course through M&A in 2021.

Capacity crunch: Competition for carriers brings rising costs, new opportunities Continued freight demand and limited truckload supply are allowing trucking companies to be selective with which loads to take, causing […]

AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.

Radiant Logistics announced Monday that it acquired digital logistics services provider Navegate for $35 million.

Knight-Swift adds to its less-than-truckload offering with the acquisition of Midwest Motor Express. Investors continue to see the value in owning LTL assets.

Ashley Furniture has acquired Wilson Logistics, which provides asset-based third-party logistics services with a fleet of more than 1,200 trucks.

Werner Enterprises triples the size of its final-mile offering with the addition of Northeast-based Nehds Logistics.

Third-party logistics provider Transport Investments Inc. has acquired a majority stake in specialty freight brokerages US Logistics and Nationwide Logistics.

Air and ocean asset-light logistics provider STG has acquired International Warehouse Services.

Warehouse and third-party logistics operator Warehouse Services Inc. has acquired Total Logistics Inc.

Forward Air announced the acquisition of two Minnesota-based intermodal transportation outfits on Wednesday.

ArcBest announced Monday that it has closed on the previously announced acquisition of Chicago-based truckload brokerage MoLo Solutions.

Specialized and flatbed carrier Daseke posted better-than-expected third-quarter results Friday. Management said the company is working on a couple of acquisitions.

A look at how Knight-Swift Transportation blew past third-quarter expectations and raised its full-year guidance.

Tri-State Expedited announced it has been acquired by its senior management team.

Boyle Transportation has been acquired for $80 million by a Canadian health care supply chain management company.

The logistics arm of Cheema Freightlines announced it has acquired 3PL provider Walker Logistics.

ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.

ArcBest announced after the close Wednesday it has entered into an agreement to acquire Chicago-based truckload broker MoLo.

M&A in third-party logistics continues at a high rate. PLS Logistics Services announced it has acquired freight broker D&L Transport.

Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.

Intermodal logistics provider RoadOne announced the acquisition of Rose Transportation on Wednesday.

Freight forwarder JAS Worldwide announced it has entered into a share purchase agreement with forwarding, logistics and supply chain management provider Greencarrier Freight Services International.

Bulk carrier Trimac Transportation has acquired Southern California cement carrier Double Eagle Transportation.