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Companies: Page 7
Tennessee-based US Multimodal Group acquires Overland Express
USMMG, based out of Franklin, Tennessee, is a privately held, asset-based provider of transportation and logistics services.
September 6, 2023
These are busy times for mergers and acquisitions with even more to come
"I think that folks are using this interesting time and environment to help diversify and spread risk across multiple different customers, multiple different industry categories."
August 25, 2023
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Trimac acquires Doyle Sims & Sons Trucking; its 4th acquisition this year
“In acquiring Doyle Sims & Sons Trucking Inc., we are not just adding another company to our portfolio, we are integrating three-quarters of a century's worth of experience, knowledge, and legacy into the Trimac family."
August 24, 2023
News
Old Dominion Freight Line offers $1.5 billion for Yellow's 169 terminals
In its bankruptcy filing, Yellow is said to have had $2.15 billion in assets, and $2.59 billion in liabilities.
August 21, 2023
News
OnLine Transport continues acquisitions; buys A/T Transportation
"We are combining two award-winning fleets to provide world-class service and capacity to our shipper partners ..."
August 16, 2023
News
Forward Air advances growth strategy in merger with Omni Logistics
“The combination of Omni with Forward creates a company positioned to achieve the full potential of our LTL business ..."
August 14, 2023
News
Union criticizes Yellow's bankruptcy; cites 'corporate incompetence'
"This is a reminder of why workers’ ability to organize and collectively bargain is so crucial to protecting and creating good jobs in America.”
August 8, 2023
Home
Yellow files Chapter 11 bankruptcy; places blame on Teamsters union
“It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business."
August 7, 2023
News
Schneider acquires Massachusetts dedicated carrier M&M Transport
“Both companies have a successful history of dedicated operational excellence, a reputation for superior customer service and a common foundation of core values."
August 1, 2023
News
MEI Rigging & Crating acquires Pro-Pac Int'L & J&J Machinery Transport
"We are proud to welcome Pro-Pac and J&J to the MEI family, Their breadth of service offerings, depth of industry knowledge and outstanding regional reputation are a perfect strategic fit for MEI."
July 27, 2023
News
P&S Transportation acquires Florida-based specialized carrier Rinaudo
“Rinaudo brings highly skilled drivers, an established leadership team, and long-tenured customer relationships to the PS Logistics family."
July 25, 2023
News
Trimac Transportation acquires Alberta's Jacknife Oilfield Services
July 24, 2023
News
Estes Express Lines opens new terminal in New Orleans
The terminal features 76 doors, 32,515 square feet of dock space, and 3,200 square feet of office space.
July 21, 2023
News
Knight-Swift closes on $808 million purchase of U.S. Xpress
"As we have engaged with more of the U.S. Xpress organization since the announcement, we have even more confidence that our combined efforts will lead to achievement of the profitability targets we communicated."
July 6, 2023
News
Trucking firms named to Newsweek's list of Most Trustworthy Companies
A total of 13 carriers made the list of 700 U.S. companies.
June 29, 2023
News
Pennsylvania carrier breaks ground for new terminal in Laredo, Texas
PGT Trucking moves more than 4,000 cross-border loads annually.
May 11, 2023
News
Illinois-based GP Transco receives Top Workplace recognitions
Based in Joliet, Illinois, GP Transco has over 500 trucks and over 700 trailers.
May 2, 2023
News
Covenant opens new driver dormitory and renovated training facility
"This building demonstrates Covenant’s total dedication to its loyal driving team, who deliver each and every day for our company and our customers."
April 25, 2023
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FedEx Freight driver from North Dakota wins driving skills competition
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