Cox Transportation Services Acquires Outwest Express

Expedition, Tecum and Ironwood Capital Recapitalize Cox Transportation Services

November 12, 2020

Transportation

Expedition Capital Partners and Tecum Capital led a majority recapitalization of Cox Transportation Services, with subordinated debt and a minority equity investment from Ironwood Capital to back CEO Jay Smith. Cox, a truckload freight carrier and brokerage founded in 1982 and based in Ashland, Virginia, will use the capital to pursue organic growth and add-on acquisitions to expand its routes and customer base.

Online Transport Acquires Mustang Express

May 19, 2023

Trucking & Fleet

Online Transport, Inc. has acquired Mustang Express, LTD, an asset-based over-the-road trucking and 3PL provider based in El Paso, Texas. The deal — advised on the sell-side by Kreshmore Group — expands Online's geographic coverage and routings with Mustang's fleet and over 60 drivers, and closed May 19, 2023.

RXO Acquires Coyote Logistics from UPS for $1.025 Billion

September 16, 2024

Logistics & Distribution

RXO (NYSE: RXO) has completed the acquisition of Coyote Logistics from UPS for $1.025 billion, making RXO the third-largest provider of brokered transportation in North America. The deal expands RXO's customer base, carrier network and market scale while integrating Coyote's people and technology into RXO's asset-light, tech-enabled brokerage platform.

Wellington Group of Companies Acquires Contract Express

June 28, 2024

Logistics & Distribution

Canada-based Wellington Group of Companies has acquired Contract Express, expanding Wellington's brokerage, truckload and LTL services across the U.S. and Canada. Terms were not disclosed; Wellington said it will preserve Contract Express's brand and operations while adding buying power and support from the larger group.

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.

Visible Supply Chain Management Acquires Kansas Continental Express

December 19, 2019

Transportation

Visible Supply Chain Management has acquired Kansas Continental Express (KCX), a nearly 30-year-old Emporia, Kansas-based shipping logistics and freight transportation provider. KCX will join the Visible family and operate under the parent company's name, expanding Visible's Midwest footprint and cross‑North America logistics capabilities to better serve small and midsize business customers.