Mergers & Acquisitions
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Permission granted by Kenan Advantage Group
Kenan Advantage Group acquires 2 more dry bulk carriers
The Ohio-based company bought PRM Trucking and XBL Holdings to expand a new line of business it began this year.
By Colin Campbell • Nov. 26, 2024 -
Provided by Schneider National
Schneider National to buy Cowan
With the acquisition, Schneider will operate over 8,400 dedicated tractors.
By David Taube • Nov. 25, 2024 -
Explore the Trendline➔
valio84sl via Getty Images
TrendlineTop 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
Photo by Larry Avila
R+L Carriers reopens old Yellow Corp. terminals
Facilities in South Carolina and Oklahoma were among the carrier's $211.5 million in real estate purchases from the bankrupt competitor.
By Colin Campbell • Nov. 20, 2024 -
Provided by IMC
IMC Logistics to be sold, supply chain conglomerate announces
Switzerland-headquartered Kuehne+Nagel will acquire a majority stake in the Tennessee-based marine drayage provider.
By David Taube • Nov. 19, 2024 -
David Taube/Trucking Dive
‘Go in with humility’: Knight-Swift M&A strategy focuses on people
The TL giant’s growing LTL business has benefited from acquisitions and a workforce that grows with the company, Treasurer and SVP of Investor Relations Brad Stewart said.
By David Taube • Nov. 18, 2024 -
Courtesy of Keystone Western
TFI acquires Canada-based motorsport logistics specialist
Keystone Western offers truckload, LTL, dry van and patented dual floor motorsport trailers at three terminals.
By Colin Campbell • Nov. 14, 2024 -
Courtesy of Moran Transportation
Moran Transportation acquires Ohio-based LTL carrier
The combined company will boast a dozen service centers and more than 675 pieces of equipment.
By Colin Campbell • Nov. 7, 2024 -
David Taube/Trucking Dive
Knight-Swift LTL expansion in California unlocks new customers
“We think California was a game-changer for us,” CFO Andrew Hess said.
By David Taube • Oct. 24, 2024 -
Permission granted by Daseke
TFI will delay spinoff of Daseke, other truckload assets
The Canada-based freight giant wants to close a $4 billion to $5 billion acquisition around the end of next year before it splits its LTL and TL businesses.
By Colin Campbell • Oct. 22, 2024 -
Provided by Shomotion
Tennessee coach company acquires 2 entertainment transportation businesses
Dreamliner will expand its transportation niche with carriers that have worked with Taylor Swift and Jelly Roll.
By Larry Avila • Oct. 15, 2024 -
Provided by Brunswick Group
Forward Air investors push for company sale
Investment firms are urging the board to launch a formal sales process, following a wave of executive departures and a rough acquisition.
By Larry Avila • Oct. 10, 2024 -
Permission granted by EVO
EVO acquires Midwest-based carrier in move to diversify its freight
The acquisition will also give "huge density in the Midwest market,” President and COO Kris Kohls said in an interview with Trucking Dive.
By David Taube • Sept. 30, 2024 -
Courtesy of FedEx Freight
FedEx Freight slashes spending 62% ahead of potential spinoff
The logistics giant nearly halved overall truck and trailer expenditures last quarter.
By Colin Campbell • Updated Sept. 20, 2024 -
Courtesy of Casella Waste Systems
Casella expanding in New York and Connecticut with latest acquisition
The family-owned waste haulers, Royal Carting and Welsh Sanitation, are expected to generate over $90 million in annualized revenues.
By Megan Quinn • Sept. 20, 2024 -
Provided by Air Van
Air Van acquires Imeson Distribution Center
The third-party logistics provider grew its warehouse space by 700,000 square feet.
By Larry Avila • Sept. 16, 2024 -
Permission granted by Groendyke Transportation
Groendyke to acquire New Jersey-based tanker business
The deal will help the hazmat and asphalt transportation provider regain a presence in the Northeast.
By David Taube • Sept. 5, 2024 -
Photo provided by Haney and White
Haney and White acquires Alabama carrier, LTL brokerage
The combined operations with B.R. Williams will operate as BRW, employing 300 people across four states.
By Larry Avila • Aug. 30, 2024 -
David Taube/Trucking Dive
Knight-Swift expects to open 38 LTL service centers this year
CEO Adam Miller said the locations will add more than 1,000 doors to the company’s network, a 22% increase.
By David Taube • Aug. 27, 2024 -
Permission granted by Philip-Gabriel/A. Duie Pyle
Deep Dive‘Absolutely committed’: A. Duie Pyle celebrates 100th anniversary as a family-owned company
The Pennsylvania-based carrier survived a strike, deregulation and other challenges to grow into a premier Northeast regional LTL provider national competitors want to acquire.
By Colin Campbell • Aug. 20, 2024 -
georgeclerk via Getty Images
Proficient Auto Logistics to acquire Utah-based carrier
The company’s acquisition of Auto Transport Group adds a sixth vehicle transporter to its portfolio.
By Larry Avila • Aug. 15, 2024 -
Courtesy of CMW Express
TFI acquires 2 more Canada-based carriers
The freight giant's acquisition of CMW Express brought subsidiary FRL Express along with it.
By Colin Campbell • Aug. 14, 2024 -
Provided by GLS Group
DC Logistics deal with GLS will revive Mountain Valley Express
The acquisition, expected to close next month, is part of DC Logistics’ ambition to grow into one of the nation’s 20 largest LTL carriers.
By Larry Avila • Aug. 13, 2024 -
Provided by Forward Air
Forward Air’s Omni acquisition spurs nearly $1B net loss in Q2
The LTL carrier expects a return to positive cash flow in the second half of the year.
By Larry Avila • Aug. 9, 2024 -
Provided by FST Logistics
FST Logistics acquires Dancer Logistics
The purchase expands the Ohio-based 3PL services provider’s Midwest presence.
By Larry Avila • Aug. 7, 2024 -
Jessica Loder/Trucking Dive
Love’s adds to finance arm
The travel stop company’s acquisition of REV Capital’s U.S. transportation factoring portfolio is part of its plan to enhance its financial services business.
By Jessica Loder • Aug. 6, 2024
