ISG Direct takes stake in Bolton Cargo

Third-party logistics provider ISG Direct has taken an equity stake in Bolton Cargo. “This is a strategic move that will not only enhance ISG’s asset capabilities, but will also strengthen…

Turbo Images acquires Southwood Graphics, expands North American footprint

Turbo Images has acquired Southwood Graphics, an Ontario-based fleet branding company with a 37-year history in vehicle graphics and design. The deal expands Turbo Images’ production and installation network, which…

Truckstop.com buys Denim to offer faster payment processing

Truckstop.com has announced its acquisition of Denim, a financial tech and factoring company it says automates invoicing, reduces time-to-cash and optimizes back-office processes. The company plans to integrate the technology…

Exuma Capital enters transportation tech sector with SOS acquisition

Fleet Owl, a portfolio company of Exuma Capital Partners, has acquired transportation management software provider SOS Trucking Software (SOS). SOS currently serves approximately 4,000 trucks across 100 transportation and logistics companies,…

Trimac acquires Searcy Trucking

Trimac Transportation has acquired Winnipeg-based Searcy Trucking, an open-deck and heavy-haul carrier, effective July 31. The deal expands Trimac’s presence in flatdeck, LTL, and specialized services across Western Canada and…

DAT to acquire freight-matching Convoy Platform from Flexport

DAT Freight & Analytics announced that it has agreed to acquire the Convoy Platform from Flexport, adding advanced automation and digital freight-matching tools to its core offerings. The Convoy Platform…

Manitoulin acquires Martin Roy Transport

Manitoulin Group of Companies has acquired Martin Roy Transport (MRT), strengthening its presence and operations across Northern Quebec and Ontario. The deal took effect July 18. “We are delighted to…

Ritchie Bros. buys U.S. truck and equipment auctioneer

RB Global, parent company to Ritchie Bros. Auctioneers, has announced the purchase of U.S. equipment auctioneer J.M. Wood Auction Co. “Both Ritchie Bros. and J.M. Wood have spent decades building…

Fleetworthy acquires commercelogic

Fleetworthy Solutions has acquired the assets of commercelogic, a predictive tolling and GPS-powered analytics company. The acquisition will integrate commercelogic’s technology into Bestpass by Fleetworthy. The company says the combined…

Turk Enterprises to acquire Horizon International Distributors

Temperature-controlled freight hauler Turk Enterprises will acquire Winnipeg-based Horizon International Distributors, provider of refrigerated transportation, on July 1. Following the acquisition, Horizon will be integrated into Turk Enterprises and all…

Descartes acquires PackageRoute final-mile carrier platform

Canadian logistics software provider Descartes Systems Group has expanded its final-mile capabilities with the acquisition of PackageRoute. The cash deal was valued at about US$2 million. PackageRoute says its mission…

Motive acquires InceptEV to improve EV forecasting, help electrify fleets

Motive has acquired battery intelligence startup InceptEV to enhance its platform with more precise electric vehicle (EV) forecasting and help commercial fleets cut costs and complexity during electrification. The move…

Allison buys Dana’s off-highway business

Allison Transmission has purchased Dana’s off-highway business for about US$2.7 billion. Allison says the acquisition aligns with its strategic priorities to expand emerging markets, enhance core technologies and improve financial…

Plus to go public, targets 2027 launch of factory-built autonomous trucks

Autonomous trucking software company Plus is merging with special purpose acquisition company (SPAC) Churchill Capital Corp IX in a deal expected to provide up to $300 million (all numbers USD)…

Vision Truck Group buys Expressway Trucks

Vision Truck Group has announced its acquisition of Expressway Trucks, expanding its reach in the southwestern Ontario region. “We are excited to welcome Expressway Trucks to the Vision Truck Group…