Mergers & Acquisitions


  • Image attribution tooltip
    Courtesy of USA Truck
    Image attribution tooltip

    DSV seeks to sell USA Truck

    Its Schenker U.S. road operations, acquired this year, cost the company $14 million in its most recent quarter.

    By Oct. 23, 2025
  • A Midwest Motor Express semi-truck traveling on a road with an almost completely barren hillside and blue sky in the background.
    Image attribution tooltip
    Jon Tetzlaff via Getty Images
    Image attribution tooltip

    Excluding LTL rebrand, Knight-Swift Q3 operating income improves

    A rebranding of DHE Transportation and Midwest Motor Express had a $28.8 million impairment charge.

    By Oct. 23, 2025
  • Trendline

    Top 5 stories from Trucking Dive

    These five stories detail the top trends and issues facing the trucking and transportation industry. 

    By Trucking Dive staff
  • Montgomery Transportation Group flatbed desert
    Image attribution tooltip
    Permission granted by Montgomery Transport Group
    Image attribution tooltip

    Montgomery Transport in default of $25M in loans, banks’ lawsuit says

    The shutdown came after a potential sale of the company did not come to fruition, according to a complaint.

    By Oct. 22, 2025
  • An ACT trucker drives on a Texas highway next to passenger vehicles in May 2024 under a clear blue sky.
    Image attribution tooltip
    David Taube/Trucking Dive
    Image attribution tooltip

    AAA Cooper brand to extend to LTL affiliates

    DHE and MME will take on the ACT brand, further signaling the carriers’ sweeping, unified network.

    By Oct. 20, 2025
  • Trucks carrying shipping containers drive through an ocean port.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Trucking execs expect more M&A, cost-saving measures

    Werner Enterprises and Bay and Bay Transportation stakeholders shared similarly cautious 12-month outlooks at the FTR Transportation Conference.

    By Oct. 10, 2025
  • A tractor-trailer travels on the road headed toward an underpass with the words Akron listed on the overpass.
    Image attribution tooltip
    benkrut via Getty Images
    Image attribution tooltip

    Nagle Cos. expands refrigerated trucking fleet with acquisition

    The combined Ohio-based operation will have 115 tractors, 200 trailers and an expected annual revenue of about $45 million.

    By Sept. 12, 2025
  • Norfolk Southern intermodal train North Carolina
    Image attribution tooltip

    Provided by Norfolk Southern

    Image attribution tooltip

    How a transcontinental railroad could speed up intermodal transfers

    Union Pacific and Norfolk Southern say their $85 billion combination would reduce crosstown truck transfers in Chicago that add cost, complexity and transit time.

    By Bill Stephens • Sept. 10, 2025
  • Production team places several professional boxes for musical equipment and costumes at the entrance of a Broadway theater with city buildings and a parking garage sign in the background.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Global Critical Logistics gets new majority stakeholder

    Providence Equity Partners has acquired a controlling interest in the third-party logistics provider from ATL Partners, who will retain a minority equity stake.

    By Sept. 5, 2025
  • A blue and silver truck with the Searcy Trucking logo.
    Image attribution tooltip
    Retrieved from Searcy Trucking on September 02, 2025
    Image attribution tooltip

    Trimac expands flat deck services with latest acquisition

    Searcy Trucking also brings specialized capabilities to the Canada-based carrier, such as transloading and warehousing.

    By Sept. 3, 2025
  • A Landstar System semi-truck driving along a rural section of an interstate with blue sky and wispy clouds in the background.
    Image attribution tooltip
    Jon Tetzlaff via Getty Images
    Image attribution tooltip

    Landstar mulls sale of Mexico freight business

    Potential changes related to a deal wouldn’t disrupt the third-party logistics provider’s U.S.-Mexico cross-border services, according to a securities filing.

    By Aug. 18, 2025
  • A Forward Air refrigerated trailer on the road with trees and shrubs in the background.
    Image attribution tooltip
    ablokhin via Getty Images
    Image attribution tooltip

    Forward Air makes progress on review of company’s future

    Executives suggested that M&A, if that even occurs, should consider the value of the company as a whole.

    By Aug. 14, 2025
  • Containers sit near a railroad interchange with te Chicago skyline in the background.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Union Pacific, Norfolk Southern agree to merge

    The two companies aim to close the transaction in early 2027, bringing together 50,000 route miles to form “the first transcontinental railroad” in the U.S.

    By Philip Neuffer • July 31, 2025
  • A tractor hauling a Hub Group container on a highway with passenger vehicles nearby.
    Image attribution tooltip
    Sundry Photography via Getty Images
    Image attribution tooltip

    Hub Group to acquire Marten Transport’s intermodal division

    The $51.8 million deal, expected to close in Q3, seeks to more than double the Illinois-based transportation company’s reefer fleet.

    By July 23, 2025
  • A Forward Air semi-truck driving on a rural section of Interstate 90 in eastern Washington state with some trees in the background.
    Image attribution tooltip
    Jon Tetzlaff via Getty Images
    Image attribution tooltip

    Forward Air reveals new chairman’s salary, performance-based stock

    Jérôme Lorrain's compensation includes a sign-on equity award and, depending on the completion of certain strategic goals, a special grant of 25,000 shares.

    By July 22, 2025
  • A Love's travel stop in Arizona with blue sky in the background.
    Image attribution tooltip
    Courtesy of Love's
    Image attribution tooltip

    Love’s expands travel stop footprint in Arizona

    The company’s Winslow store adds 81 parking spaces along Interstate 40.

    By July 2, 2025
  • CPKC train Canadian Pacific Kansas City Southern
    Image attribution tooltip

    Provided by CPKC

    Image attribution tooltip

    CPKC aims to remedy service disruptions by mid-July

    Issues with a technology transition have led to increased dwell time and missed switches.

    By June 30, 2025
  • Allison Transmission International Truck 3414 RHS transmission
    Image attribution tooltip

    Provided by Allison Transmission 

    Image attribution tooltip

    Allison Transmission acquires Dana Inc.’s off-highway unit for $2.7B

    Through the purchase, the supplier aims to expand its commercial powertrain offerings to a broader global marketplace. 

    By June 16, 2025
  • A truck equipped with Plus' autonomous technology on the road with blue skies and white clouds in the background.
    Image attribution tooltip
    Permission granted by Plus
    Image attribution tooltip

    Plus Automation to go public via SPAC deal

    The virtual driver software firm expects to get up to $300 million by merging with Churchill Capital Corp IX later this year.

    By June 11, 2025
  • Rows of trucks parked at a rest stop against a yellow and pink sunset.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    LAZ Parking buys majority stake in Freight Ninja

    The companies share a vision to grow the number of safe parking locations for truck drivers across the U.S.

    By May 27, 2025
  • Forward Air Corp. trailer freight
    Image attribution tooltip

    Provided by Brunswick Group

    Image attribution tooltip

    Forward Air pushes for Delaware reincorporation via merger

    The company’s board of directors believes that the state’s business-friendly laws will help maximize shareholder value through strategic transactions.

    By May 21, 2025
  • Republic Services collection truck driving
    Image attribution tooltip
    Courtesy of Republic Services
    Image attribution tooltip

    Republic Services acquires pair of private haulers in Wisconsin

    The purchase of Town & Country Sanitation and Peterson Sanitation caps off decades of private ownership.

    By Cole Rosengren • May 9, 2025
  • A photo of a set of electric vehicle chargers under a canopy. The canopy is red and yellow and the words on it say EV.
    Image attribution tooltip
    Courtesy of Love's Travel Stops & Country Stores
    Image attribution tooltip

    Love’s acquires 44 CNG locations

    Its Trillium Energy Solutions division, now rebranded to Love’s Alternative Energy, purchased a mix of public and private compressed natural gas stations.

    By Jessica Loder • May 6, 2025
  • A white TFI International tractor-trailer drives on a road.
    Image attribution tooltip
    Permission granted by TFI International
    Image attribution tooltip

    TFI walks away from M&A deal due to tariff uncertainty

    While the freight conglomerate closed two small deals in Q1, acquisitions this year will be “minimal,” CEO Alain Bédard said.

    By May 1, 2025
  • Multiple tucks drive through the Port of Oakland.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Mullen Group to acquire logistics firm focused on customs brokerage, forwarding

    The public company’s top executive says Cole Group’s 3PL freight service aligns with its U.S. and international logistics segment.

    By April 30, 2025
  • Kodiak Robotics highway truck
    Image attribution tooltip

    Provided by Kodiak Robotics

    Image attribution tooltip

    Kodiak looks to go public via SPAC deal

    The builder of autonomous truck technology has agreed to merge with Ares Acquisition Corp. II, a special purpose acquisition company, at a $2.5 billion valuation.

    By Haley Cawthon • April 17, 2025