Tank Transport Trader presents the latest news on industry company Acquisitions, mergers, takeovers – and more news for the transportation & liquid dry-bulk industry –
Heniff Transportation Systems of Oakbrook Terrance, Ill., has acquired the corporate holding company of tank-truck operator Coal City Cob Co. Coal City Cob (CCC) employs 230 drivers and operates 500 trailers within its nationwide network…
Radiant acquires Cascade Enterprises of Minnesota. Cascade will continue to operate under the Airgroup brand through the remainder of 2022 and is expected to transition to the Radiant brand in early 2023. Radiant Logistics recently…
Werner acquires Baylor Trucking. Milan, Ind.-based truckload carrier operating in east central and south central U.S. With the acquisition, announced Oct. 3, Werner gains access to Baylor Trucking’s 234 drivers and its fleet of 200…
Pitt Ohio acquires Teals Express. Less-than-truckload (LTL) carrier Pitt Ohio announced Wednesday it has expanded its service to New York via the acquisition of assets from Teal’s Express. This is another deal in which Pitt…
GO Express acquires trucker Universe Trucking Co, transporter that specializes in refrigerated shipping for meat businesses. The acquisition, which was finalized July 15, will grow the Greater Omaha Express for-hire fleet by 20%, bolstering its…
Schenker buys USA Truck and signed deal to acquire USA Truck Inc for $435 million cash, which last year produced a profit of nearly $25 million on revenues of $710 million. A year earlier, those numbers were $4.7 million and $551 million…
Heartland buys Smith Transport Heartland Express Inc. has acquired dry van truckload carrier Smith Transport Inc. and related entities for about $170 million. The Smith companies will continue to operate from Roaring Spring under the leadership of Todd Smith…
KAG Logistics acquires American PetroLog LLC, a Lafayette, La.-based company providing multi-modal distribution services to the petrochemical industry. KAG Logistics is a major logistics provider in the petroleum, renewable fuels, specialty products, food products and…
LGT acquires Jason Thomas Trucking, a provider of liquid fertilizer transportation in the Midwest. The acquisition of Jason Thomas Trucking boosts LGT Transport’s growth in the agricultural sector. LGT Transport did not disclose the price of the acquisition.
Forward Air acquires Edgmon Trucking. Intermodal drayage company generating about $22 million in revenue each year in Kent, Washington. Edgmon serves the ports of Seattle and Tacoma, operating a five-acre facility in Kent and a…
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