Mergers & Acquisitions


  • 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
  • Trendline

    Top 5 stories from Trucking Dive

    These five stories detail the top trends and issues facing the trucking and transportation industry. 

    By Trucking Dive staff
  • 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
  • Norfolk Southern intermodal train North Carolina
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    Provided by Norfolk Southern

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    How a transcontinental railroad could speed up intermodal transfers

    Union Pacific and Norfolk Southern say their $85 billion combination would reduce crosstown truck transfers in Chicago that add cost, complexity and transit time.

    By Bill Stephens • Sept. 10, 2025
  • Production team places several professional boxes for musical equipment and costumes at the entrance of a Broadway theater with city buildings and a parking garage sign in the background.
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    Getty Images
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    Global Critical Logistics gets new majority stakeholder

    Providence Equity Partners has acquired a controlling interest in the third-party logistics provider from ATL Partners, who will retain a minority equity stake.

    By Sept. 5, 2025
  • A blue and silver truck with the Searcy Trucking logo.
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    Retrieved from Searcy Trucking on September 02, 2025
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    Trimac expands flat deck services with latest acquisition

    Searcy Trucking also brings specialized capabilities to the Canada-based carrier, such as transloading and warehousing.

    By Sept. 3, 2025
  • A Landstar System semi-truck driving along a rural section of an interstate with blue sky and wispy clouds in the background.
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    Jon Tetzlaff via Getty Images
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    Landstar mulls sale of Mexico freight business

    Potential changes related to a deal wouldn’t disrupt the third-party logistics provider’s U.S.-Mexico cross-border services, according to a securities filing.

    By Aug. 18, 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 makes progress on review of company’s future

    Executives suggested that M&A, if that even occurs, should consider the value of the company as a whole.

    By Aug. 14, 2025
  • Containers sit near a railroad interchange with te Chicago skyline in the background.
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    Scott Olson via Getty Images
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    Union Pacific, Norfolk Southern agree to merge

    The two companies aim to close the transaction in early 2027, bringing together 50,000 route miles to form “the first transcontinental railroad” in the U.S.

    By Philip Neuffer • July 31, 2025
  • A tractor hauling a Hub Group container on a highway with passenger vehicles nearby.
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    Sundry Photography via Getty Images
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    Hub Group to acquire Marten Transport’s intermodal division

    The $51.8 million deal, expected to close in Q3, seeks to more than double the Illinois-based transportation company’s reefer fleet.

    By July 23, 2025
  • A Forward Air semi-truck driving on a rural section of Interstate 90 in eastern Washington state with some trees in the background.
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    Jon Tetzlaff via Getty Images
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    Forward Air reveals new chairman’s salary, performance-based stock

    Jérôme Lorrain's compensation includes a sign-on equity award and, depending on the completion of certain strategic goals, a special grant of 25,000 shares.

    By July 22, 2025
  • A Love's travel stop in Arizona with blue sky in the background.
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    Courtesy of Love's
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    Love’s expands travel stop footprint in Arizona

    The company’s Winslow store adds 81 parking spaces along Interstate 40.

    By July 2, 2025
  • CPKC train Canadian Pacific Kansas City Southern
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    Provided by CPKC

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    CPKC aims to remedy service disruptions by mid-July

    Issues with a technology transition have led to increased dwell time and missed switches.

    By June 30, 2025