Pinch Transport Acquires Levinge Freight Lines

TFI International Acquires Siemens Transportation Group and Hot Line Freight Systems

May 1, 2023

Transportation

TFI International announced it has agreed to acquire Siemens Transportation Group (STG) and has completed the acquisition of Hot Line Freight Systems to expand its Less-Than-Truckload (LTL) footprint across Canada and the United States. STG, a family-owned Saskatoon-based LTL operator with roughly C$150 million in annual revenue and 15 terminals, will remain managed by Doug Siemens; Hot Line, a Wisconsin-based specialized LTL provider with nearly 200 employees and 14 terminals, will be managed by Paul Burgmeier under TFI's LTL segment.

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.

Nurminen Logistics Plc Acquires Essinge Rail AB

November 11, 2024

Logistics & Distribution

Finnish rail logistics operator Nurminen Logistics Plc has acquired Swedish railway logistics company Essinge Rail AB. The deal expands Nurminen's scheduled rail network and service offering across the Nordics and continental Europe, strengthening its position in low-emission rail freight and adding Essinge Rail's Less-than-Container-Load (LCL) European service.

Canada Cartage Acquires Laurentien Transport

January 10, 2022

Logistics & Distribution

Canada Cartage has acquired Laurentien Transport, a Bois-des-Filion, Quebec-based dedicated contract carrier specializing in refrigerated freight for grocery, pharmaceutical, food & beverage and retail customers. The deal expands Canada Cartage's scale and service capabilities in Quebec and strengthens its dedicated refrigerated transportation offering.

Lineage Logistics Acquires MTC Logistics

March 9, 2022

Logistics & Distribution

Lineage Logistics acquired MTC Logistics, a cold-chain provider operating four refrigerated facilities near key U.S. East and Gulf Coast ports (Baltimore, Wilmington, Philadelphia and Mobile). The deal adds nearly 38 million cubic feet of capacity and over 113,000 pallet positions to Lineage's global temperature-controlled network; financial terms were not disclosed. MTC was a wholly owned subsidiary of Hoffberger Holdings, Inc.

BlueGrace Logistics Acquires FreightCenter

January 7, 2025

Logistics & Distribution

BlueGrace Logistics, a PE-backed third-party logistics (3PL) provider, has acquired FreightCenter, a 26-year-old online transportation solutions provider. The deal will integrate FreightCenter's customers and online freight capabilities with BlueGrace's BlueShip TMS, carrier network and managed logistics services while FreightCenter continues to operate under its existing brand.