Mergers & Acquisitions


  • Schneider National truck on bridge
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    Provided by Schneider National 

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    Schneider National’s Q4 income from operations falls 14%

    However, the carrier’s truckload segment provided a silver lining by gaining nearly $50 million in new revenues from a year ago.

    By Feb. 3, 2026
  • Trucks with lights on during sunset in Nevada on a dessert roadway.
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    Getty Images
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    Key trucking trends and risks to follow in 2026

    Learn how carriers are building resiliency as they seek signs for market recovery and regulatory clarity in this collection of Trucking Dive outlooks.

    By Feb. 2, 2026
  • Schneider National truck bridge dedicated
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    Provided by Schneider National 

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    Deep Dive

    Trucking M&A outlook: Economy, technology and uncertainty may shape opportunistic deals

    Analysts predict regional companies, LTL operators and pharmaceutical carriers are among the businesses that could see significant activity in 2026.

    By Jan. 29, 2026
  • A truck on a road by grass and trees
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    The image by Lauren Reams is licensed under CC BY-SA 4.0
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    Werner Enterprises acquires FirstFleet for $283M in an all-cash deal

    The deal grows the carrier’s dedicated trucking business and adds around 2,400 tractors and 11 strategically located properties throughout the U.S.

    By Jan. 28, 2026
  • ITS Logistics truck
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    Obtained from ITS Logistics 

     

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    Echo Global Logistics set to acquire ITS Logistics

    The combination, expected to close in the first half of 2026, will create a 3PL with estimated revenues of $5.4 billion.

    By Jan. 21, 2026
  • Abilene truck
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    Obtained from Abilene Motor Express 

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    Abilene Motor Express brand to merge with sister company

    The carrier’s brand is merging under Swift Transportation, nearly eight years after Knight Transportation acquired the business.

    By Jan. 16, 2026
  • Cowan truck on a highway
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    Provided by Schneider National  

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    Q&A

    ‘Bigger benefits’: Schneider National, Cowan set sights on growth

    In just over a year since the combination, both companies have seen how scale can open new business opportunities, according to executive Steve Wells.

    By Jan. 15, 2026
  • Dart Express truck and trailer
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    Provided by Dart 

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    Private investment firm acquires family-owned Dart businesses

    The iconic brand will remain, with David Oren continuing as president and Tom Witt joining as CEO.

    By Jan. 13, 2026
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    Courtesy of USA Truck
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    USA Truck CEO, former execs privatize carrier

    New owners have entered a deal to acquire the company from DSV.

    By Jan. 12, 2026
  • A person wearing a hazmat suit stands on top of and dips a probe into a large metal tank.
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    Permission granted by Arcwood Environmental
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    Arcwood Environmental acquires MXI Environmental Services

    The deal is Arcwood’s third in six months and represents another acquisition that expands the company’s geographic reach.

    By Jacob Wallace • Jan. 9, 2026
  • Freightliner Cascadia
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    Provided by US Foods 

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    Not so fast! M&A deals that stalled in 2025

    Multiple deals faltered for a range of reasons, which at times included tariffs and economic uncertainty.

    By Dec. 17, 2025
  • The outside of PGT Trucking's Paola, Kansas terminal.
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    Courtesy of PGT Trucking
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    PGT Trucking acquires second-generation Kansas business

    The addition of Debrick Truck Line Co. brings PGT’s terminal network to 35 locations.

    By Dec. 16, 2025
  • A Hogan truck on the roadway with a driver inside the vehicle.
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    The image by Paul Sableman is licensed under CC BY 2.0
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    Hogan family sells over 100-year-old trucking business

    The trucking brand will operate separately under Enterprise Mobility for the foreseeable future, according to a statement.

    By Dec. 9, 2025
  • Norfolk Southern intermodal JB Hunt
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    Courtesy of Norfolk Southern

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    Compete or complement? Trucking foresees mixed intermodal impact from merger of rail giants

    Winners and losers will emerge in road transport as Union Pacific and Norfolk Southern join forces, according to industry experts.

    By Dec. 2, 2025
  • A US Foods tractor-trailer transporting products in South Carolina between passenger vehicles.
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    ablokhin via Getty Images
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    US Foods, Performance Food Group end merger talks

    In conjunction with the announcement, the Illinois-based reefer’s board approved another $1 billion share repurchase program.

    By Nov. 25, 2025
  • Goulet Trucking tractor and trailer
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    Courtesy of Goulet Trucking 

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    Page Trucking to acquire Goulet Trucking

    As part of the merger, the companies will form Page G.T.C., "further aligning two leaders in the specialized bulk transportation space."

    By Nov. 24, 2025
  • Schneider National truckload
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    Courtesy of Schneider National 

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    Schneider National’s acquisition pipeline preps for dedicated growth

    CEO Mark Rourke said that the carrier would like to do a purchase every 12 to 18 months.

    By Nov. 24, 2025
  • A Forward Air refrigerated trailer on the road with trees and shrubs in the background.
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    ablokhin via Getty Images
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    Forward Air operating income drops nearly 34% in Q3

    An “Other Operations” business area captured a loss of nearly $18.3 million.

    By Nov. 6, 2025
  • Mitchell backs up his truck to an open gate at a Costco in Elkridge, Maryland.
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    Colin Campbell/Trucking Dive
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    XPO to record $35M cost over inherited legal issue

    The disclosure signals an end to a case that has moved back and forth in Oregon courts for over a decade.

    By Oct. 27, 2025
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    Courtesy of USA Truck
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    DSV seeks to sell USA Truck

    Its Schenker U.S. road operations, acquired this year, cost the company $14 million in its most recent quarter.

    By Oct. 23, 2025
  • A Midwest Motor Express semi-truck traveling on a road with an almost completely barren hillside and blue sky in the background.
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    Jon Tetzlaff via Getty Images
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    Excluding LTL rebrand, Knight-Swift Q3 operating income improves

    A rebranding of DHE Transportation and Midwest Motor Express had a $28.8 million impairment charge.

    By Oct. 23, 2025
  • Montgomery Transportation Group flatbed desert
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    Permission granted by Montgomery Transport Group
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    Montgomery Transport in default of $25M in loans, banks’ lawsuit says

    The shutdown came after a potential sale of the company did not come to fruition, according to a complaint.

    By Oct. 22, 2025
  • An ACT trucker drives on a Texas highway next to passenger vehicles in May 2024 under a clear blue sky.
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    David Taube/Trucking Dive
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    AAA Cooper brand to extend to LTL affiliates

    DHE and MME will take on the ACT brand, further signaling the carriers’ sweeping, unified network.

    By Oct. 20, 2025
  • Trucks carrying shipping containers drive through an ocean port.
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    Justin Sullivan via Getty Images
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    Trucking execs expect more M&A, cost-saving measures

    Werner Enterprises and Bay and Bay Transportation stakeholders shared similarly cautious 12-month outlooks at the FTR Transportation Conference.

    By Oct. 10, 2025
  • A tractor-trailer travels on the road headed toward an underpass with the words Akron listed on the overpass.
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    benkrut via Getty Images
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    Nagle Cos. expands refrigerated trucking fleet with acquisition

    The combined Ohio-based operation will have 115 tractors, 200 trailers and an expected annual revenue of about $45 million.

    By Sept. 12, 2025