DUPRE LOGISTICS ACQUIRES INTERSTATE TRANSPORT
Lafayette, LA and St. Petersburg, FL, May 19, 2023– Dupre Logistics announced it acquired Interstate Transport, a WBENC-certified, woman-owned freight brokerage based in St. Petersburg, FL with operations nationwide. Interstate’s diverse, award-winning team is led by a leadership team that has 70 years of combined industry experience. Dupré Logistics, based out of Lafayette, LA, is […]
Big G Express Acquires RTR Transportation
SHELBYVILLE, TN and NASHVILLE, TN, February 27, 2023 – Big G Express (Big G) announced it has acquired RTR Transportation (RTR), both of which are based in middle TN since 1995 and have strong family-orientated foundations built on the core values of Safety, Integrity, and Customer Service. Located in the capital city, Nashville, TN, RTR […]
Ascend Acquires Wisconsin-Based Fuchs Trucking
ATLANTA, Nov. 07, 2022 (GLOBE NEWSWIRE) — Ascend LLC (Ascend) today announced it has acquired Fuchs Trucking LLC (Fuchs), of Sauk City, Wisconsin. The acquisition of Fuchs offers its customers additional capacity and services and deepens Ascend’s footprint in the upper Midwest. Fuchs is the fourth transportation company acquired by Ascend since its launch in […]
Super T Transport acquired by Red Bull company Berger Logistik
IDAHO FALLS, Idaho, Sept. 13, 2022 — Super T Transport, Inc. (Super T), one of the fastest-growing trucking fleets in the western United States, is getting even more SUPER. The transportation company recently sold its shares to Berger Logistik, an international transport and logistics company, based out of Austria. Berger Logistik, an enterprise partially owned by Red Bull, will […]
KAG Logistics Announces Acquisition of American PetroLog
Lafayette, LA — KAG Logistics, LLC (“KAGL”) announced it has completed the acquisition of American PetroLog, LLC. The Lafayette, Louisiana-based company provides world-class multi-modal distribution services to the petrochemical industry. KAGL is the premier logistics provider within the petroleum, renewable fuels, specialty products, food products and merchant gas supply chains across North America. Kevin Spencer, President […]
TA Services Acquires C2 Freight Resources Expanding International Footprint
Houston, AL — TA Services Inc., a premier full-service logistics provider and division of PS Logistics, announced today it has completed the acquisition of Houston, Alabama-based C2 Freight Resources, a high-end brokerage specializing in dry-van, flatbed, temperature-controlled, expedited and LTL services. The acquisition of C2 Freight Resources is part of TA Services’ commitment to continued brokerage growth […]
Roberts Energy & Brown Bear Transportation Acquire Abenaqui Carriers Creating One of the Largest Fuel Haulers in New England
Springfield, MA — Roberts Energy and Brown Bear Transportation are excited to announce the acquisition of New Hampshire-based transportation company, Abenaqui Carriers. Roberts is one of the largest direct fuel suppliers and petroleum common carriers in the Northeast, with the company’s transport division, Brown Bear, being the fastest-growing petroleum hauler in the area. This acquisition further […]
Wilson Logistics’ Western Operations Acquired by Ashley Furniture, Nation’s Largest Furniture Retailer. Tenney Group Advises.
Ashley Furniture has acquired assets from asset-based logistics provider Wilson Logistics. An affiliate of Ashley Distribution Services (ADS) inked the deal on December 27th. Terms of the financial transaction were not disclosed. Springfield, Missouri-based Wilson Logistics has a truckload fleet of over 1,200 trucks serving the western U.S. The family-owned company began more than 40 years […]
3 Signs Your Acquisition Effort is Dysfunctional
You are attracting a lot of deal flow. You are evaluating many companies as part of a potential purchase. It feels like you are doing all the right things… except closing deals. What is going on? Activity does not necessarily equal results. That is especially true when it comes to growth through acquisitions. Below are […]
Ownership Alignment Key to Addressing Final Mile Opportunities and Risks
Prior to owning Tenney Group outright, my dad and I were business partners for eight years. We had always enjoyed a very healthy working relationship. As time went on, I began to see a very clear vision for where I wanted to take our business in the future. I desired to expand significantly to profoundly […]