Performance Food Group Co. agreed to buy Reinhart Foodservice for $2 billion in a combination of U.S. food suppliers.
July 1, 2019BusinessFuel
HOP Energy Acquires KoscoHeritage Energy
HOP Energy, a large specialty distributor of heating oil, propane and other petroleum products, acquired KoscoHeritage Energy (KHE), according to a news release.
July 2, 2019BusinessLogistics
Management Team of PTL Buys Company From Magnate Worldwide
Premium Transportation Logistics announced its senior management team — current President Jeff Curry, Operations Manager Keith Avery and expedited transportation sales veteran, Brad Kelley — has acquired PTL from Magnate Worldwide.
July 1, 2019BusinessLogistics
Brookfield Buys Rail Operator Genesee for $8.4 Billion
An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.
July 1, 2019BusinessFuel
Occidental Mulls Sale of Anadarko’s Western Stake
Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that it’s poised to inherit through its takeover of Anadarko Petroleum Corp., according to people familiar with the matter.
June 25, 2019BusinessLogistics
Hudson Hill Forms Fusion Transport From Two Acquisitions
Hudson Hill Capital, a private investment firm, has acquired majority stakes in Global Transport Logistics Inc. and Am Trans Expedite Inc. to form Fusion Transport.
June 24, 2019BusinessLogistics
C.H. Robinson Acquires European Logistics Firm Dema Service
C.H. Robinson has acquired Italian transportation company Dema Service S.p.A., according to a news release.
June 3, 2019Business
M&D Distributors Expands Service Network in Texas
M&D Distributors, an independent aftermarket distributor of diesel engine parts and components, announced its asset acquisition of Diesel Testers Inc., a service dealer that provides diesel engine parts and repair services through its retail location in Odessa, Texas.
May 31, 2019BusinessLogistics
GTI Acquires Jetco to Establish US Operational Platform
GTI Transport Solutions Inc., a provider of open-deck, specialized and overdimensional freight services, has acquired Jetco, a Houston-based carrier, according to a news release by GTI and its parent company, Novacap of Montreal.
May 13, 2019BusinessLogistics
Redwood Logistics Acquires Eminent Global Logistics
Redwood Logistics acquired Eminent Global Logistics, a transportation management systems implementation and service company, according to a May 9 news release.
May 13, 2019