Pangaea Logistics Solutions Completes Fleet Combination with Strategic Shipping Inc.

Lineage Logistics Acquires Perishable Shipping Solutions

June 7, 2022

Logistics & Distribution

Lineage Logistics has acquired Perishable Shipping Solutions (PSS), a pick-and-pack e-commerce fulfillment provider for temperature-controlled/perishable foods, to expand its Direct-to-Consumer (D2C) Fulfillment offering. The acquisition strengthens Lineage's end-to-end cold-chain e-commerce capabilities and complements its existing D2C footprint of temperature-controlled fulfillment centers.

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.

SMG Industries Acquires Barnhart Transportation Suite

July 14, 2023

Transportation

Houston-based SMG Industries (SMGI) has acquired the Barnhart Transportation suite of businesses — including Barnhart Transportation, Barnhart Fleet Maintenance, Lake Shore Logistics, Lake Shore Global Solutions, Legend Equipment Leasing and Route 20 Tank Wash — in a transaction valued at roughly $53.3 million. The deal, structured with cash, stock options and a promissory note, brings a diversified set of trucking, LTL, intermodal, fleet maintenance and tank-wash capabilities into SMGI and is expected to materially increase the combined company's revenue and cross-selling opportunities.

eShipping Acquires Superior Transport & Logistics and Synapsum

February 27, 2024

Logistics & Distribution

eShipping has closed two strategic add-on acquisitions, purchasing Superior Transport & Logistics to broaden its managed transportation services and Synapsum to add supply-chain analytics capabilities. The deals strengthen eShipping's technology-enabled, asset-light logistics platform (backed by Ridgemont Equity Partners) by adding transportation execution capabilities and data/analytics to its eShipManager offering.

Trinity Industries Acquires RSI Logistics

March 8, 2023

Transportation

Trinity Industries, Inc. acquired RSI Logistics for $70 million, closing on March 8, 2023. The deal adds RSI's rail-focused software, logistics services, terminal operations, and intermodal capabilities to Trinity's rail services platform while retaining RSI employees.

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.