Mergers & Acquisitions
-
Courtesy of Estes Express Lines
Estes reopens Yellow terminal in Mississippi
The Olive Branch location adds 80 doors and nearly 30,000 square feet of dock space to the company’s network.
By Haley Cawthon • March 21, 2025 -
Permission granted by Kenan Advantage Group
Kenan Advantage Group acquires Evergreen Transport
It’s the North Canton, Ohio-based company’s fourth deal since entering the dry bulk transportation market last year.
By Haley Cawthon • March 18, 2025 -
georgeclerk via Getty Images
Amazon’s LTL pursuit threatens to shuffle retail volumes in market
The company could upend the sector just by handling its own shipments.
By Colin Campbell • March 17, 2025 -
Permission granted by TFI International
TFI scoops up another former Yellow terminal
The LTL carrier plans to add a small site in Fayetteville, North Carolina, to its network following the bankrupt company’s latest asset sale.
By Haley Cawthorn • March 11, 2025 -
Provided by ArcBest
ABF Freight acquires 2 more Yellow terminals
The ArcBest-owned LTL carrier plans to spend $11.5M for properties in Washington and Colorado.
By Haley Cawthorn • March 7, 2025 -
"International Pro-Star Eagle - Knight Transportation" by Tomás Del Coro is licensed under CC BY-SA 2.0
Knight-Swift spending $9.9M on 4 more Yellow terminals
The deal will add a combined 170 doors by acquiring facilities in California and Virginia.
By Colin Campbell • Feb. 28, 2025 -
David Taube/Trucking Dive
Knight-Swift adds series of LTL terminals, part of nationwide expansion
The company’s subsidiaries have expanded in Oklahoma, Alabama and Washington state, adding to its ever-increasing door count.
By Haley Cawthorn • Feb. 26, 2025 -
Colin Campbell/Trucking Dive
A. Duie Pyle buys 2 more Yellow terminals for $4.5M
The sites in Bowling Green, Ohio, and Charleston, West Virginia, will add 110 doors to the carrier's regional network.
By Colin Campbell • Feb. 25, 2025 -
Permission granted by Tim Haitz, Standard Forwarding Freight
DHL sells 91-year-old Midwest LTL carrier
New owner Sakaem Holdings rebranded Standard Forwarding and filled its leadership with Jack Cooper and Yellow alumni.
By Colin Campbell • Feb. 19, 2025 -
Sundry Photography via Getty Images
Competitors weigh in on impending FedEx spinoff
Old Dominion, Saia, XPO and ArcBest all fielded questions from analysts about how the move might affect their operations and the broader LTL market.
By Colin Campbell • Feb. 12, 2025 -
Courtesy of Estes Express Lines
Estes Express Lines relocates Indiana terminal
The larger South Bend facility was formerly home to USF Holland, an affiliate of Yellow Corp., which sold off its terminals after filing for bankruptcy in 2023.
By Haley Cawthorn • Feb. 12, 2025 -
Courtesy of XPO
XPO sells terminal in New York City for $50M
The carrier moved to a larger facility in Brooklyn it acquired from Yellow Corp., a spokesperson told Trucking Dive.
By Colin Campbell • Feb. 12, 2025 -
Permission granted by SMC3
SMC3 Jump Start 2025Economy, M&A, dueling pianos headline SMC3 conference
Trucking and logistics leaders traveled to Atlanta to network and attend educational sessions at Jump Start 2025.
By Colin Campbell • Feb. 6, 2025 -
Provided by Nikola Canada.
Walmart Canada to sell trucking business
Canada Cartage will operate the retail giant’s Canadian fleet, which ships deliveries to over 400 of its stores in the country.
By Alejandra Carranza • Feb. 4, 2025 -
Sundry Photography via Getty Images
Trucking anticipates more M&A, less regulation in 2025
The industry expects freight demand improvement and other positive economic trends this year.
By Colin Campbell • Feb. 3, 2025 -
Colin Campbell/Trucking Dive
SMC3 Jump Start 2025Tech, culture determine success of LTL trucking M&A
Knight-Swift, AAA Cooper Transportation and Standard Forwarding Freight leaders said execution and relationships are critical to closing and integrating acquisitions.
By Colin Campbell • Jan. 28, 2025 -
Jon Tetzlaff via Getty Images
5 trucking storylines to watch in 2025
Beyond rate and regulatory shifts, executives are eyeing FedEx Freight’s spinoff, Knight-Swift’s growing LTL operation and a major TFI International acquisition.
By Colin Campbell • Jan. 27, 2025 -
Courtesy of Lew Thompson & Son Trucking
Covenant pays poultry carrier another multimillion-dollar performance award
The $100 million acquisition of Lew Thompson & Sons Trucking in 2023 included up to $30 million in earnouts.
By Colin Campbell • Jan. 24, 2025 -
Courtesy of A. Duie Pyle
A. Duie Pyle reopens 2 former Yellow terminals in Pennsylvania
The sites in Camp Hill and Erie are among 4 service centers the carrier acquired from the bankrupt competitor.
By Colin Campbell • Jan. 23, 2025 -
Colin Campbell/Trucking Dive
Estes, R+L Carriers acquire 12 more Yellow terminals
The carriers spent a combined $192.5 million on the bankrupt competitors' properties.
By Colin Campbell • Jan. 13, 2025 -
Art Wager via Getty Images
AIT Worldwide Logistics acquires Missouri-based trucking firm
The acquisition of an electronics hauler includes more than 60 trucks and nearly 100 employees.
By David Taube • Jan. 13, 2025 -
5 questions about FedEx’s planned Freight spinoff
The parcel giant’s planned move raises questions about timing, leadership and impact on the rest of the LTL market. Here’s what we know so far.
By Colin Campbell • Jan. 10, 2025 -
Benita Taube
Key trucking trends to watch in 2025: tariffs, M&A and rate changes
“The macroeconomy looks good,” one economist said. “But at the same time, we do see policy shocks.”
By David Taube , Colin Campbell • Jan. 9, 2025 -
Courtesy of C.H. Robinson
Q&ACH Robinson CEO discusses technology, M&A, freight cycle
Generative artificial intelligence is reducing time spent on tasks from hours to minutes, CEO Dave Bozeman told Trucking Dive in an interview.
By David Taube • Jan. 3, 2025 -
Courtesy of FedEx Freight
‘The right time’: FedEx will spin off FedEx Freight LTL unit
FedEx Freight will be separated from the parcel giant, creating a new publicly traded company, the board announced.
By Colin Campbell • Dec. 19, 2024
