Kenco Acquires The Shippers Group

Kenco Acquires Drexel Industries' 3PL Business

May 5, 2025

Logistics & Distribution

Kenco, a U.S.-based third-party logistics provider, has acquired Drexel Industries' 3PL business, including four warehouses and roughly 100 associates in London, Ontario. The acquisition expands Kenco's Canadian footprint and adds co-packing and co-filling capabilities to its service offering.

Pritzker Private Capital Invests in Kenco Logistics

October 6, 2022

Logistics & Distribution

Pritzker Private Capital agreed to invest in Kenco Logistics, a Chattanooga-headquartered third-party logistics (3PL) provider, alongside members of Kenco's management team. The investment will provide growth capital to scale Kenco's offerings, support geographic and vertical expansion, accelerate automation and data initiatives, and enable strategic add-on acquisitions; terms were not disclosed.

Estes Logistics Acquires Key Trucking Inc

February 12, 2026

Transportation

Estes Logistics, a division of Estes Express Lines, has acquired Key Trucking Inc, a regional full-service transportation and freight provider based in Kent, Washington. The acquisition expands Estes' footprint into the Pacific Northwest and transfers all current Key Trucking employees to Estes while preserving the company's legacy under the Castagno family ownership transition.

Accel-KKR Acquires Shipper TMS Carve-Out from Wabtec

September 15, 2020

Cloud & SaaS

Accel-KKR closed a carve-out acquisition of the Shipper TMS portion of Wabtec Corporation's Supply Chain Optimization software portfolio. The acquisition is a strategic add-on to Accel-KKR's PINC platform to expand cloud-based, multi-modal transportation management and analytics capabilities for shippers across North America.

Lineage Logistics Acquires Kloosterboer Group

October 7, 2021

Logistics & Distribution

Lineage Logistics has completed the acquisition of the family‑owned Kloosterboer Group, a Netherlands‑based cold storage and temperature‑controlled logistics provider with ~900 employees and 11 facilities across Europe, Canada and South Africa. The deal expands Lineage's European footprint—adding locations in France and Germany—and enhances its value‑added and automation capabilities while reinforcing sustainability leadership.

ShipX Acquires Princeton Logistics Group and TriStar Carriers

May 26, 2022

Transportation

ShipX has acquired Princeton Logistics Group and its subsidiary TriStar Carriers to expand beyond final-mile parcel delivery into first- and middle-mile trucking and broader e-commerce transportation services across North America. The deal brings trucking, middle-mile capacity and local sortation capabilities into ShipX’s tech-enabled delivery platform to offer end-to-end e-commerce shipping solutions.