Business Management TFI acquires truck transporter JHT Holdings August 7, 2023 TFI International has acquired JHT Holdings, a Wisconsin-based company that transports finished Classes 6-8 trucks to dealers and end customers. The company was founded in 1933 and works for truck…
Business Management TFI International buys LTL carriers Siemens, Hot Line May 1, 2023 TFI International has announced LTL deals in the U.S. and Canada, acquiring Siemens Transportation Group in Saskatchewan and Hot Line Freight Systems in Wisconsin. Siemens was founded in 1962 and…
Business Management Trimac buys AIP Logistics April 28, 2023 Trimac Transportation has purchased AIP Logistics, a Central Ohio-based bulk hauler specializing in the plastics, liquid chemicals, food grade storage, and metal production industries. The company operates 13 tractors and…
Business Management NFI doubles Canadian footprint with SDR Distribution acquisition April 18, 2023 NFI Industries has increased its Canadian presence, buying SDR Distribution Services and doubling its Canadian distribution footprint in the process. SDR is a multichannel provider of custom warehousing and distribution…
Business Management Transport Dynapro buys Transport TEB April 4, 2023 Transport Dynapro has acquired fellow Quebec hauler of fresh products, Transport TEB. In a press release, Dynapro announced that the “complementarity of the truck fleets of the two companies will…
Business Management Kriska Transport buys Liberty Linehaul’s Canadian, U.S. operations March 10, 2023 Kriska Transportation Group (KTG) has acquired the Canadian and U.S. operations of Liberty Linehaul, adding 72 tractors and 157 trailers and expanding its reach into the U.S. Liberty Linehaul is…
Business Management Transport LFL buys JE Fortin March 6, 2023 Transport LFL has announced it has acquired JE Fortin, which celebrates its 100th anniversary this year. “It was after a long selection process with the Fortin family that we reached this…
Business Management TFI International buys Axsun Group, bolsters intermodal offerings February 21, 2023 TFI International has acquired Montreal-based Axsun Group, which serves the intermodal and logistics needs of Fortune 100 customers. The company operates “multiple” locations across Canada and the U.S., providing intermodal…
Equipment Parts for Trucks purchases Fleet Brake February 1, 2023 Parts for Trucks has announced its acquisition of Fleet Brake Parts & Service, which creates a national network of locations serving the heavy-duty trucking industry. The acquisition creates a network…
Business Management Cummins’ integration plan for Meritor coming into focus January 17, 2023 Cummins completed its acquisition of Meritor last August, and is now offering some visibility into how the two powerhouse brands will be integrated. A press briefing was held at MEMA’s…
Business Management Rising interest rates, skyrocketing inflation will affect trucking M&A landscape January 9, 2023 Merger and acquisition activity may slow this year as freight conditions normalize and the cost of borrowing increases, but dealmakers are still gonna deal. Organic growth — one truck, driver…
Business Management Lazer acquires yard management business December 20, 2022 Lazer Logistics has acquired the yard management assets of Preferred Cartage Trucking Services in Greeley, Col. Lazer provides outsourced yard management services across North America, and includes Toronto-based operations. (Photo:…
Business Management Stage your truck fleet for sale – even if it isn’t November 18, 2022 Whether or not you’re interested in selling your business, business owners should always keep it “staged” and ready for a sale for when the right opportunity comes along. “You wouldn’t…
Business Management KAG Logistics buys Toronto 3PL Connectrans October 12, 2022 KAG Logistics, the logistics division of North America’s largest tanker fleet Kenan Advantage Group, has purchased Toronto logistics firm Connectrans. The company says its acquisition will bolster its cross-border services…
Business Management Bison Transport scales up U.S. operations by acquiring Pottle’s October 12, 2022 Bison Transport has continued its U.S. growth with the acquisition of Maine-based Pottle’s Transport. Pottle’s is a truckload fleet operating more than 200 tractors, 750 trailers and a third-party logistics…