Justice Department Sues to Block Halliburton-Baker Hughes Merger
Halliburton Co. was sued by U.S. antitrust officials who say its planned takeover of rival oil-services firm Baker Hughes Inc. threatens competition and should be blocked, a blow to Halliburton’s bid to bulk up to better compete against rival Schlumberger Ltd.
April 6, 2016Aim NationaLease Announces Merger with Fleming Leasing
Aim NationaLease, based in Girard, Ohio, has expanded its truck leasing and rental business in the Washington, D.C., area through a merger with Fleming Leasing in Springfield, Virginia.
November 19, 2015Transport Acquisitions Rise; Experts See More to Come
Trucking acquisitions are accelerating in North America, as hyperactive buyers TransForce Inc. and XPO Logistics Inc. swooped up three companies, and executives with other firms said more deals could be in the works.
August 4, 2014Experts Say Aging, Staff Needs Driving Fleet Merger Frenzy
NEW YORK — Aging fleet owners, struggling small carriers and the never-ending search for enough qualified drivers are combining to heat up the trucking acquisition market this year, according to industry executives and experts.
September 17, 2012Better Economy May Lead to More Mergers, Acquisitions, Transportation Analysts Say
An improving economy could kick-start the pace of mergers and acquisitions in the months ahead, after a moribund 2009, when few deals took place, several transportation analysts said.
April 12, 2010