CCJ Top 250
Mergers & Acquisitions
Bidding war erupts for TravelCenters franchise
As BP's deal for TravelCenters of America inches closer to closing, a new suitor contends it has a better offer on the table.
March 28, 2023
Knight-Swift, U.S. Xpress deal likely passes Go, 'near zero chance' it is a monopoly
Swift Transportation, Knight Transportation, AAA Cooper and U.S. Xpress were at one time individually owned and operated companies, and each were among the top 50 for hire-carriers in CCJ's Top 250 rankings.
March 22, 2023
Knight-Swift acquiring U.S. Xpress for more than $800 million
Updated: The combination of two of CCJ's Top 20 for-hire carriers creates a new mega fleet and further solidifies Knight-Swift as a truckload behemoth as it acquires approximately 7,200 tractors and 14,400 trailers.
March 21, 2023
Tennessee 3PL picks up asset-based carrier
Byland Transportation's 48 trucks and 70 trailers will enhance Sage Logistics’ transportation and logistics services.
March 6, 2023
Big G Express acquires 90-truck Tennessee-based fleet
Nashville-based RTR Transportation is a family-owned, full-service nationwide dry van truckload carrier offering local cartage, warehousing, cross dock, trailer rework, and storage trailers.
March 2, 2023
BP acquiring TravelCenters of America for $1.3 billion
TravelCenters of America is set to be acquired by BP for $1.3 billion, who beat out other suitors.
February 16, 2023
Experts expect M&A in the transportation and logistics industry to thrive in 2023
Despite choppy economic waters in 2022, many M&A deals got done, and that trend is expected to continue in 2023, though the size and structure of deals will differ, along with a shift in the types of company profiles targeted for acquisition.
February 5, 2023
Jones Logistics acquiring Nationwide Express
Mississippi-based Jones Logistics announced it is acquiring 100-truck Nationwide Express. Also: TEC Equipment's Portland location is now a Mack and Volvo Certified EV Dealership; six fleets petition FMCSA for waiver to allow flashing brake lights
February 3, 2023
R.E. Garrison acquires Georgia-based produce hauler
Boaty's Transport will continue to operate under its own name under the R.E. Garrison umbrella. The acquisition of Boaty’s will bring with it more than 50 tractors and 80 refrigerated trailers.
January 26, 2023
ATS Logistics acquired by Charleston port behemoth
ATS will operate as part of the Harbor Logistics platform, the market leader in warehouse and drayage capabilities in the Charleston market.
January 5, 2023
Three fleets make acquisition moves
Three fleets in various segments announce expansions. Also: C.H. Robinson CEO Bob Biesterfeld is out. He'd been in that role since 2019 and with the company for 24 years.
January 5, 2023
Forward Air expands LTL capabilities with acquisition of Kentucky expediter
Headquartered in Bowling Green, Kentucky, Land Air Express offers a variety of services, including guaranteed, standard, exclusive, same day, hot shot and pickup and delivery.
January 4, 2023
United Vision Logistics acquired by private investment group
Louisiana-based United Vision Logistics has been acquired by a Houston-based private investment partnership.
December 29, 2022
Cross-border specialist Outwest Express acquired by Cox Transportation Services
Servicing the Southwestern U.S. with 400-plus trucks, Outwest Express specializes in managing Mexican cross-border logistics.
December 21, 2022
USA Truck parent company prepping for possible sale
DB Schenker could hit the open market. Also: Texas DPS officials are again conducting enhanced commercial vehicle safety inspections at random as they cross international ports of entry into Texas; Old Dominion increasing rates for 2023; more
December 16, 2022
Hazmat hauler Heritage Transport acquires Frank's Vacuum Truck Service
Expanding its trucking capacity allows Heritage Transport to take on new opportunities.
December 15, 2022
Trimble acquiring Transporeon for $1.98 billion
Transporeon's software platform provides modular applications that power a global network for 145,000 carriers and 1,400 shippers and load recipients with an integrated suite of sourcing, planning, execution, monitoring and settlement tools.
December 12, 2022
ContainerPort Group parent acquires Pacific Cascade Trucking, other assets
An asset-light provider of 3PL services including drayage, warehousing, transloading, fulfillment and more, Pacific Cascade was currently operates 50-plus trucks and has a 267,000 sq. ft. distribution facility.
December 7, 2022
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California becomes first government in the world to mandate electric trucks
Fewer than 2% of all heavy trucks sold last year were electric, but by 2035 that number has to be 50% in California.
The answer to commercial truck backup camera challenges?
Yellow, union locked in war of words
Beating the roadside blitz: experts share maintenance tips ahead of CVSA Roadcheck
The 2023 State Of Heavy Duty Repair Report is here.
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