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…
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. 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, 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 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 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…
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…
Grand Island, Neb. – Bosselman Tank and Trailer (BT&T) in Aug announced the completion of the acquisition of Kersten Trailer Sales (KTS) in Henderson, CO, a suburb of Denver. Both businesses focus on cargo tank…
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…
Fraley and Schilling Holdings of Rushville, Ind., has acquired KBT Enterprises Inc., a pneumatic dry bulk trucking company based in Fishers, Ind. The acquisition was finalized Dec. 31, 2020. KBT will operate as a subsidiary…
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