Transportation Acquisition News Updates

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Our acquisition articles provide the latest insights into trucking acquisitions, logistics mergers. Stay informed on industry trends, market shifts, and key developments that impact trucking and logistics professionals.

BusinessLogistics

KKR鈥檚 Sale of Logistics Provider Goodpack Attracts Investors

KKR & Co.鈥檚 revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.

February 21, 2025
BusinessFuel

BP Weighs $10 Billion Sale of Castrol Lubricants Unit

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

February 18, 2025
BusinessEquipmentPrivate

Herc Rentals Outbids United in $3.9B Merger with H&E

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

February 18, 2025
BusinessEquipmentPrivate

United Rentals Drops $3.4 Billion Purchase of H&E Equipment

United Rentals abandoned its plan to acquire H&E Equipment Services, declining to increase its original offer of $3.4 billion for the rival construction equipment supplier.

February 18, 2025
GovernmentBusinessEquipment

Trump Says Tariffs Are Saving US Steel

When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said they鈥檙e 鈥渋n love with them.鈥澛燯.S. Steel is 鈥渢hrough the roof,鈥 he said.

February 13, 2025
BusinessLogistics

GXO Caps Record-Setting Year With Q4 Revenue High-Water Mark

The Greenwich, Conn.-based contract logistics firm posted net income of $100 million, or 83 cents a diluted share, for the three months ending Dec. 31.

February 13, 2025
BusinessTechnologyLogisticsFor-Hire

Transportation M&A Gains Momentum in Late 2024

The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.

February 7, 2025
BusinessLogisticsFor-HireTop 100

Purolator Buys Livingston to Boost International Operations

Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars grows.

February 6, 2025
BusinessFor-HirePrivate

Beacon Roofing Rejects Hostile QXO Bid

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.

February 6, 2025
BusinessEquipment

United Rentals Q4 Profit, Revenue Rise

The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.

January 30, 2025

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