International Paper Seeks to Reassure DS as Suzano Plots Bid
International Paper Co.’s top boss traveled to London to reaffirm his company’s commitment to merger partner DS Smith, downplaying a takeover offer from Suzano.
Hess Investors Vote in Favor of $53 Billion Chevron Takeover
Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.
May 28, 2024John Hess Calls Investors to Back Chevron Deal Before Vote
John Hess is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.
M&A Deals Require Intention and Involvement During Process
The joining of trucking companies comes with challenges throughout the merger and acquisition process. The slow-moving procedure was exacerbated during the boom/bust cycle of 2022-23.
Freight Market Stabilization Bolsters M&A Optimism
As trucking mergers and acquisitions followed the freight market into a down cycle, conditions have stabilized, showing positive signs for the sector going forward.
Mergers and Acquisitions Market Begins to Accelerate
After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.
TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023
TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.
M&A Trucking Market Weathers 2023 Headwinds
The trucking industry is facing merger and acquisition headwinds amid declining freight demand and rising interest rates, but deal buzz remains, experts said.
Transportation Software Sector Sees M&A Rise
Technology-focused companies supporting the trucking and logistics sector have experienced a rise in merger and acquisition activity.
Strong M&A Market Continues
Trucking is continuing to see an active mergers and acquisitions market with several deals recently announced.