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 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.
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,…
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.
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…
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.
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…
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…
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, 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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