29 articles
Hyundai Translead raised its Illinois manufacturing commitment to $600 million and 3,750 jobs by adding a third shift. The expansion is a practical capacity signal for trailer and truck-body buyers watching supply and service support.
H.Essers is bringing Houston-based Palmer Logistics into its operations, giving the Belgian logistics firm a U.S. foothold in chemical warehousing.
The deal would fold FedEx Supply Chain into Ceva Logistics, nearly tripling CMA CGM's North American contract logistics operation.
Snap-on acquired Diesel Laptops in a $100 million cash deal, adding commercial-truck diagnostics, repair information, and heavy-equipment digital tools to its repair systems group.
Saia added terminals in Duluth, Minnesota, and Columbia, Missouri, extending a three-month run of openings after a quiet 2025. The move adds LTL capacity in key Midwest markets.
C.H. Robinson is buying DeSpir Logistics, a secure transportation and cargo escort specialist, for $75 million. The deal adds more capability around high-value, regulated freight.
Fort Payne, Alabama-based LRT Group has acquired Chattanooga carrier F2F Transport. The companies say operations will continue without interruption while LRT looks to expand the platform.
Dana and Eaton Mobility Group plan to combine into a supplier serving commercial and light vehicles, with Eaton shareholders set to own a slight majority.
Knight-Swift co-founder Kevin Knight retired as executive chairman, with David Vander Ploeg taking the board chair role at the $7.5 billion transportation company.
FedEx Freight began regular NYSE trading under FDXF after FedEx completed the spin-off, creating a pure-play LTL carrier with nearly 30,000 vehicles and 40,000 team members.
The Surface Transportation Board accepted the revised Union Pacific-Norfolk Southern merger application, then paused the review while it waits for more information by July 27.
Hub Group changed two senior leadership roles as it works through financial restatements tied to a $77 million transportation-expense understatement.
Prime-backed Pedigree Truck & Trailer Sales is building an 11,887-square-foot Springfield flagship as used commercial equipment remains a serious fleet channel.
April commercial fleet sales rose to 73,350 vehicles, up 8.7% from a year earlier, while rental sales slipped and government buying jumped.
Motive filed for a $100M IPO the same week Dealerware was sold to a VC-led group -- a one-two punch that signals the fleet software category is finally sorting itself out in public.
Motive's S-1 lands the same week Dealerware sells to a VC-led group, putting two of the louder fleet software brands on different sides of the consolidation cycle.
A leadership-led buyout pulls USA Truck back from Danish ownership, while bankruptcy filings, a new federal oversight bill, and fresh ATRI research reshape the carrier landscape.
Traton is gambling on a new commercial vehicle platform just as fleet failures mount, freight rates whipsaw, and Washington reshapes the rules of the road.
Bankruptcies among small and mid-size carriers continue to mount through early 2026 as low freight rates, suppressed demand, and tightening regulatory enforcement make survival increasingly difficult for thin-margin operators.
Fleet payments giant WEX is confronting a proxy battle over corporate governance. Meanwhile, Nexterna acquires FreightQuest from Cummins and NPTC expands fleet training programs.
Standard Forwarding Freight and USPS contractor 10 Roads Express both announced closures, highlighting ongoing pressures in the trucking sector.
USA Truck undergoes privatization and subsequent sale while regulatory enforcement intensifies across North America, reshaping the commercial trucking landscape.
Werner closes a $245M deal for dedicated carrier FirstFleet, adding 2,400 tractors and $615M in annual revenue.
Major M&A activity, autonomous vehicle milestones, and new DOT drug testing rates highlight significant shifts across the fleet industry.
UTAC, LLC completes an all-cash buyback of USA Truck from DSV, returning the Arkansas carrier to private ownership.
Ryder's acquisition of Georgia's Truck Service Depot highlights ongoing industry consolidation as fleet operators seek comprehensive service networks.
M&A activity heats up in fleet management as Element acquires Car IQ, while Samsara dominates rankings and autonomous trucking gains momentum.
Swedish autonomous EV trucking company Einride plans to go public via SPAC merger with Legato Merger Corp. III, targeting early 2026 completion.
Major consolidation in telematics as Geotab expands global footprint through strategic acquisition of Verizon Connect's international business.
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