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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Knight-Swift acquires AAA Cooper Transportation 0

Knight-Swift Acquires AAA Cooper

The nation’s largest truckload carrier, Knight-Swift Transportation, announced recently it had acquired less-than-truckload (LTL) carrier AAA Cooper Transportation in a transaction with an enterprise value of $1.35 billion. AAA Cooper is expected to generate full-year…

Quality Carriers Inc Tanker 0

CSX Acquires Quality Carriers

CSX Corp. completed its acquisition of Quality Carriers, Inc. in early July. Quality Carriers is the leading North American provider of bulk liquid chemicals truck transportation. CSX acquired the carrier from Quality Distribution, Inc. Financial…

Uber Freight Acquiring Transplace 0

Uber Freight Acquiring Transplace

Uber Freight announced last month it is acquiring Transplace for about $2.25 billion, saying the move will create one of the leading logistics technology platforms, with one of the largest and most comprehensive managed transportation…

Quality Carriers Inc Tanker 0

CSX To Acquire Quality Carriers

CSX Corp. has signed an agreement with Quality Distribution to acquire bulk liquid chemicals transportation provider Quality Carriers Inc., company officials said. Terms of the agreement were not disclosed. The Quality Carriers management team will…

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Isuzu Acquires UD Trucks

Isuzu Motors has acquired Japan-based UD Trucks (formerly long known as Nissan Diesel) from the Volvo Group for about $2.2 billion, company said recently. The transaction is estimated to have a positive impact on the…

Betts Co - Betts Truck Parts & Service 0

Betts Acquires Rite-Way

Betts Co. has acquired Rite-Way Axle and Suspension in Sun Valley, Calif. The truck parts and repair service center will now operate under the Betts Truck Parts and Service division. While offering many of the…

ThompsonGas 0

ThompsonGas Expands Holdings

ThompsonGas, based in Frederick, Md., has acquired All Service Propane, a propane provider based in Anderson, Calif, in the northern region of the state. “We are pleased to announce that we have added All Service…

Goodyear Acquiring Cooper Tires, Goodyear Tire and Rubber Co. has entered into a definitive transaction agreement to acquire Cooper Tire and Rubber Co, Goodyear Tire and Rubber Co acquiring Cooper Tire and Rubber Co, Goodyear Tire acquiring Cooper Tire, Goodyear Tire and Rubber Co acquiring Cooper Tire 0

Goodyear Acquiring Cooper Tire

Goodyear Tire and Rubber Co. has entered into a definitive transaction agreement to acquire Cooper Tire and Rubber Co. in a deal valued at about $2.8 billion. The transaction, subject to customary closing conditions, is…

UPS Freight 0

UPS & TFI sign $800 million deal

UPS is selling its UPS Freight less-than-truckload (LTL) division to TFI International Inc. for $800 million. The decision to sell UPS Freight aligns with the company’s “better not bigger” strategic positioning, according to a UPS…

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5 Trucking Merger & Acquisition Takeaways

The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…

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