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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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…

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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…

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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…

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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…

JB Hunt Acquired Mass Movement Inc 0

JB Hunt Acquired Mass Movement

J.B. Hunt is further expanding its final-mile business with the purchase of Mass Movement, which specializes in logistics and delivery for the commercial fitness industry. “Mass Movement presents an opportunity to expand our expertise in…

TLSS plans to buy Cougar Express 0

TLSS Plans to Buy Cougar Express

Transportation and Logistics Systems (TLSS), said it plans to acquire logistics provider Cougar Express. Cougar Express provides pickup, delivery and warehouse services through its facility in Valley Stream, N.Y. The company offers one to four-person…

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