Tagged: Acquisitions

Acquisitions News Archives

Tank Transport Trader presents the latest news on industry company Acquisitions, mergers, takeovers – and more news for the transportation & liquid dry-bulk industry –

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Forward Air acquires Edgmon Trucking 0

Forward Air Acquires Edgmon

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…

MAC Bullet Trailer 0

MAC Trailer Acquires Bullet

MAC Trailer acquires Bullet Trailer. This facility now is formally MAC Bullet Manufacturing, currently located at 410 Factory Road in Sunnyside, Wash. Expanded its aluminum dump trailer product line with the purchase of Bullet Trailer.

Fleetsu, Rand McNally Acquires Fleetsu 0

Rand McNally Acquires Fleetsu

Rand McNally acquires Fleetsu and its flexible platform, in a move to elevate its place in the connected vehicle space according to a joint announcement. The transaction combines Rand McNally’s fleet business with Fleetsu’s platform,…

Meritor HQ 0

Cummins Acquiring Meritor

Cummins is acquiring Meritor in a deal that will give the company a broad reach in traditional power-trains and components as well as accelerating its development of battery-electric and fuel-cell-electric propulsion systems, Cummins said.

Jacobs Vehicle Systems Drive The Future Truck and Trailer 0

Cummins Buying Jacobs Vehicle Systems

Cummins buying Jacobs Vehicle Systems. Best known for the Jake Brake, today Jacobs also provides cylinder deactivation, start-and-stop and thermal management technologies. It’s a homecoming of sorts; in 1961, Jacobs introduced the first engine brake…

Zenith Freight Lines 0

JB Hunt To Buy Zenith

J.B. Hunt Transport announced Jan it entered an agreement to acquire furniture hauler Zenith Freight Lines for $87 million. The deal is expected to bolster J.B. Hunt’s final-mile and furniture delivery network.

Summit Truck Group Hero 0

Rush Acquires Summit Truck Group

New Braunfels, Texas-based Rush Enterprises, which operates the largest network of commercial vehicle dealerships in North America, has become even larger. Rush announced it has acquired 16 locations from Summit Truck Group, one of the…

Novae Corp. welder 0

Brightstar Acquiring Novae Corp.

Brightstar Capital Partners has signed a definitive agreement to acquire Novae Corp. in partnership with the company’s founder and senior management team, the private equity firm reported Dec. 15. Steve Bermes, chief executive of Novae…

2017 Polar Tanks Stainless Steel Chemical Trailer 0

PSC acquired Grace Trailer Service

PSC, the nation’s largest network of commercial parts and repair facilities for the tank-trailer and tank-truck industry, has announced its acquisition of Grace Trailer Service, a leading tank- trailer service and repair business with three…

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