Groendyke Acquiring Georgia Tank Lines
Groendyke Transport Inc. of Enid, Okla., and Georgia Tank Lines (GTL) have signed a purchase agreement for Groendyke to acquire all the tank-truck assets of GTL. The companies anticipate a closing date of Jan…
Tagged: Acquisitions
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…
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…
Hub Acquires Choptank Transport
Transportation giant Hub Group Inc. said it has acquired truck brokerage Choptank Transport Inc., which specializes in refrigerated transportation, for $130 million in cash, a move that puts Hub in the over-the-road reefer business for…
Kenworth Acquires PacLease of Maryland
Kenworth Mid Atlantic has announced the acquisition of PacLease of Maryland, a commercial truck leasing and rental business that will operate at its four Kenworth dealerships. The new operation will be known as All Roads Rental and Leasing…
Andlauer Acquires Boyle
Andlauer Healthcare Group (AHG) has acquired 100% of Boyle Transportation for $80 million. In addition to the Boyle acquisition, AHG has acquired the remaining 51 percent of Skelton USA after the group previously acquired the first 49%
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…
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
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…
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…
