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QXO won’t raise its $5 billion offer for building products distributor GMS after 91��Ƶ Depot reportedly made its own bid.

91��Ƶ Depot has made an offer for GMS, potentially setting off a bidding war with QXO, which this week made a $5 billion offer for the building products distributor.

The sale of the properties follows the disposal of seven facilities via private sale in May as the administrators attempt to unload as many terminals as possible.

Montway Auto Transport CEO Tom Gartland discusses the company's acquisition of luxury car broker Angels Moving Autos and his leadership philosophy.

Haul's AI-powered technology focuses on tasks including automated document audits, driver onboarding and scorecarding, plus real-time compliance monitoring.

“The acquisition of H&E accelerates Herc’s proven strategy and strengthens our position as a premier rental company in North America,” said Herc CEO Larry Silber.

The acquisition of Plainfield, Ind.-based e-commerce fulfillment and retail distribution logistics provider IDS is intended to boost DHL’s reach among small and midsize customers.

In DAT’s second acquisition in six months, the Beaverton, Ore.-based company added automated invoice payment to the truckload freight marketplace and research group’s product suite.

Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.

Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of BP, its U.K. rival.