Canadian firm TransForce Inc. agreed to buy Transport America Inc. for $310 million to enter the U.S. truckload sector as a trend of mergers between major carriers resumes.
June 2, 2014Business
Volvo Completes Purchase of Terex Corp.’s Truck Business
Volvo Construction Equipment said June 2 it has completed its $160 million purchase of Terex Corp.’s truck subsidiary.
June 2, 2014Business
Bay and Bay Acquires J&C Trucking
Bay and Bay Transportation said it has acquired J&C Trucking of Baldwin, Wisconsin, to expand the buyer’s tank division by 50%.
May 6, 2014Business
Miller Acquires Tank Cleaning, Leasing Businesses in Va.
Miller Transportation Services Inc., an affiliate of tank truck carrier Miller Transporters Inc., said it has acquired three businesses in Richmond, Va., offering truck and tank cleaning and trailer leasing.
April 4, 2014Business
Motor Transport Underwriters Acquired by Hudson Insurance Group
Hudson Insurance Group said it has acquired longhaul trucking underwriter Motor Transport Underwriters. Terms were not disclosed.
April 1, 2014Business
Biglari Holdings Buys Trucking Insurer First Guard
Biglari Holding Inc. said it has acquired commercial trucking insurer First Guard Insurance Co. Terms were not disclosed.
March 21, 2014Business
Trucking Acquisitions Likely to Continue at Strong Pace in 2014, Executives Say
MANALAPAN, Fla. — Trucking industry acquisitions will continue in 2014 at the stepped-up pace that was seen last year, eight industry leaders said.
February 24, 2014Business
Universal Truckload Services to Acquire Westport Axle for $123 Million
Universal Truckload Services Inc. said it will acquire Westport Axle Corp. from its Brazilian owners for $123 million.
December 2, 2013Business
Manitoulin Transport Acquires Canadian Carrier Smooth Freight
Manitoulin Transport, an Ontario-based carrier, said it has acquired truckload and less-than-truckload carrier Smooth Freight. Terms were not disclosed.
November 25, 2013Business
Roehl Transport Purchases Brock Cold Storage and Trucking Operations
Roehl Transport has purchased Brock Cold Storage and Trucking, expanding its trucking and cold-storage operations.
October 28, 2013