LGT Transport Acquires Jason Thomas Trucking

TransWood Acquires Jensen Transport

July 12, 2021

Trucking & Fleet

TransWood, a family-owned nationwide bulk carrier based in Omaha, Nebraska, purchased Jensen Transport of Minnesota effective July 12, 2021; terms were not disclosed. The acquisition adds Jensen’s tank-truck operations — which haul bio-fuels, anhydrous ammonia and LPGs — and expands TransWood’s regional bulk liquids and dry-bulk footprint and operating capacity.

Pilot Thomas Logistics Acquires Cactus Fuel from Hastings Equity Partners

April 3, 2019

Oil & Gas

Pilot Thomas Logistics (PTL) has acquired the assets of Cactus Fuel, LLC, a Midland, Texas-based distributor of fuel and lubricants serving upstream and midstream customers in the Permian Basin. The seller was Hastings Equity Partners, which had purchased a majority interest in Cactus in 2016 and drove significant revenue growth prior to the sale.

Groendyke Transport Acquires Georgia Tank Lines' Tank Truck Assets

December 15, 2021

Trucking & Fleet

Groendyke Transport, Inc. signed an agreement to acquire all tank truck assets of Georgia Tank Lines (GTL), increasing Groendyke's driver count by 39 to about 900 and adding three locations. The deal expands Groendyke's footprint into the greater Atlanta market and was expected to close Jan. 1, 2022.

LRT Group Acquires XGS

November 18, 2025

Logistics & Distribution

LRT Group has acquired Xpress Global Systems (XGS), a Chattanooga-based logistics provider focused on flooring distribution and LTL services. The acquisition is intended to strengthen LRT Group’s less‑than‑truckload (LTL) capabilities and expand XGS’s geographic coverage and service levels, particularly into the Southeast.

Trinity Logistics Acquires Granite Logistics

January 5, 2026

Logistics & Distribution

Trinity Logistics has completed the full acquisition of Granite Logistics, bringing the longtime freight agent partner into its organization and adding two Regional Service Centers in Sartell and Minneapolis, Minnesota. The deal brings approximately 135 team members into Trinity and expands its specialized capabilities in flatbed, over-dimensional, and heavy-haul freight across the Upper Midwest.

Pinch Transport Acquires Levinge Freight Lines

August 30, 2025

Trucking & Fleet

Pinch Transport has acquired Levinge Freight Lines for an undisclosed amount to expand its flatbed less-than-truckload (LTL) and truckload services into additional oilfield markets. The deal broadens Pinch’s geographic footprint across multiple states while retaining Levinge leadership and integrating operations to achieve scale and efficiency.