Midwest & Bluegrass Rail Acquires Tomken Transportation

Boxwheel Trailer Leasing Acquires Assets of Twin Bridges Enterprises

December 11, 2023

Trucking & Fleet

Boxwheel Trailer Leasing, a Denver-based trailer rental and leasing operator backed by Crosstimbers Capital Group, acquired the assets of Detroit-area Twin Bridges Enterprises. The asset purchase expands Boxwheel’s geographic coverage in the Detroit market as part of its ongoing acquisitive growth strategy supported by Crosstimbers and lenders.

Regional Rail Acquires Indiana Eastern Railroad and Ohio South Central Railroad

November 10, 2023

Transportation

3i-backed Regional Rail has agreed to acquire the Indiana Eastern Railroad and the Ohio South Central Railroad, adding a combined 107 miles of short-line freight track across Indiana and Ohio. The deal expands Regional Rail’s Midwest footprint and strengthens its ability to serve industrial customers in end markets including food & agriculture and chemicals.

Kenan Advantage Group Acquires M.C. Tank Transport

March 31, 2025

Trucking & Fleet

The Kenan Advantage Group, Inc. (KAG) has acquired M.C. Tank Transport, Inc., a West Chester, Ohio-based liquid bulk chemical transport company operating eight terminals and three ISO container depots across the Southeast and Midwest. The deal brings roughly 175 drivers and 70 operational/administrative employees into KAG, and adds about 100 tractors and 500 trailers/chassis while expanding KAG’s chemical tanking, ISO container storage/maintenance, and related service capabilities.

BlueGrace Logistics Acquires STB Freight Group

November 11, 2025

Logistics & Distribution

BlueGrace Logistics, a Warburg Pincus–backed 3PL, has acquired STB Freight Group, a Northville, Michigan–based managed logistics and trucking provider. The deal expands BlueGrace's Midwest footprint and brings STB customers access to BlueGrace's managed logistics platform, multimodal services, and proprietary optimization technology.

Miles Ahead Brands Acquires CKJ Transport

March 3, 2025

Transportation

Miles Ahead Brands, a family of aggregate distribution companies based in Tampa, has acquired CKJ Transport, a family-owned aggregate hauling company headquartered in the Dallas/Fort Worth area. The acquisition expands Miles Ahead Brands' presence in the Texas market and integrates CKJ's specialized hauling capabilities into its connected network for construction materials distribution.

Transportation and Logistics Systems (TLSS) Acquires Assets of GRC Trucking, Inc.

February 21, 2020

Logistics & Distribution

Transportation and Logistics Systems, Inc. (TLSS) entered into an agreement to acquire substantially all assets of GRC Trucking, Inc., a 30-year intermodal logistics and drayage provider based in Kearney, New Jersey. The asset purchase (to be paid in TLSS common stock) is intended to expand TLSS' intermodal, import/export and drayage capabilities and realize operating-synergies with its PrimeEFS and ShypDirect hubs in New Jersey.