NFI Acquires SDR Distribution
NFI has acquired SDR Distribution Services, a multichannel provider of custom warehousing and distribution solutions, the company announced April 18.
April 24, 2023Nippon Express in Talks to Buy Logistics Firm Cargo-Partner
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
April 18, 2023Ritchie Shareholders Approve $6 Billion IAA Takeover
Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.
March 14, 2023Nova Subsidiary Harbor Logistics Acquires ATS Logistics
Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.
January 11, 2023Trucking M&A Activity Heads Toward Year-End Boost
The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.
November 21, 2022Escalent Acquires Rhein Associates
Escalent, a data analytics and advisory firm, announced it acquired Rhein Associates and also secured a partnership with Work Truck Solutions to create a commercial vehicle and fleet research and advisory practice.
November 8, 2022Ascend Acquires Fuchs Trucking
Logistics services provider Ascend announced it acquired Fuchs Trucking, based in Sauk City, Wis., a move intended to deepen Ascend’s footprint in the upper Midwest.
November 7, 2022Ryder Gets $4.4 Billion Takeover Offer From HG Vora
Ryder System Inc. on May 13 confirmed receipt of a $4.4 billion offer to be acquired by HG Vora Capital Management, a proposal that Wall Street analysts said reflects the high value the potential buyer sees in the leasing company’s business.
May 13, 2022AOI Capital Acquires RK Logistics Group
Third-party logistics company RK Logistics Group announced April 15 that it has been acquired by a group of investors led by the investment firm AOI Capital.
April 18, 2022