Mergers & Acquisitions

Ritchie Bros. shareholders approve IAA acquisition

"We thank our shareholders for their confidence in the Ritchie Bros. team, our strategy and the significant value creation potential we can unlock through the Ritchie Bros. + IAA combination," says Ann Fandozzi, CEO of Ritchie Bros.

March 15, 2023

W.W. Williams acquires Power Products Systems

"This acquisition represents a significant step forward in the growth of our business from a volume, footprint and service capability perspective," W.W. Williams CEO John Simmons says.

March 10, 2023

Short month leads to slowdown in M&A space

Though it would have been tough for any month to keep up with the flurry of M&A news that dominated the dealer, aftermarket and supplier channels in January, it was nearly impossible for the short month of January.

March 1, 2023

Mergers and acquisitions roundup

Cox Automotive acquires FleetNet America

"Empowered by our combined decades-long legacy, best-in-class customers and service provider networks, and industry expertise, we're disrupting the status quo and leading the fleet future ," says Steve Rowley, president of Cox Automotive.

February 28, 2023

The logos for FleetNet America and Cox Automotive.

FleetPride acquires Georgia facility

"TAM Truck & Trailer Service comes to us with more than 30 years of experience. We share a great amount of synergy including our values on people, integrity and focus on customer service," says Mike Harris, FleetPride senior vice president.

February 21, 2023

FleetPride has acquired TAM Truck & Trailer

BP acquiring TravelCenters of America for $1.3 billion

TravelCenters of America is set to be acquired by BP for $1.3 billion, who beat out other suitors.

February 16, 2023

Travel Centers of America station

Parts for Trucks acquires Fleet Brake

"We're really excited to bring these two great companies together,” says Luke MacKenzie, Parts for Trucks president. “We think it will bring significant benefits to our employees, our customers, and our vendor partners.”

February 1, 2023

Dealers and aftermarket groups busy in new year

A flurry of business sales and expansions occurred in the first month of the new year. Dealers, aftermarket operations and suppliers all announced key purchases in January.

January 31, 2023

Mergers and acquisitions roundup

Rush Truck Centers expands in Missouri

Rush Truck Centers has acquired Scheppers International Truck Center, a full-service International dealer in Jefferson City, Mo. The addition expands the Rush Truck Centers' network to 11 locations across the state.

January 27, 2023

Thompson Distribution expands truck dealer network through purchase

“Thompson Truck Group is thrilled with this new growth opportunity. Our family has been in the dealership business for four generations, but we are humbled by the Goodpasture family’s incredible 103-year-old legacy," says John Thompson, CEO.

January 25, 2023

International HV Series on a job site

FleetPride expands footprint in Florida

"FleetPride shares our passion for delivering value and continually creating personal and professional opportunities for our team," says Todd Lewis with TML Truck & Trailer Repair.

January 24, 2023

TML Truck and Trailer Repair

Bruckner's Truck & Equipment acquires Cabin Diesel

"With this acquisition, we look forward to serving more parts and service customers in Oklahoma, Kansas and Missouri," says Bruckner's President Brian Bruckner.

January 10, 2023

A picture of a truck service center with four service bays.

Stoops adds new Western Star facility

“On behalf of the entire Stoops team, I’d like to offer our sincerest thanks to Dan and Sue Walters for the great service they have provided to the trucking and transportation community over the past 36 years,” says Brian McCoy, Stoops Western Star.

January 9, 2023

Western Star truck with a logging trailer

TruckPro nabs Missouri distribution operation

“We are eager to move forward with this partnership and expand our operations, we welcome the Plaza Fleet team to the TruckPro family, and we are very optimistic about our future together,” says Chuck Broadus, TruckPro’s CEO.

January 4, 2023

Royal Truck adds sixth location, Utility trailer and rebrands

Utility Trailer Manufacturing Co. announced Wednesday Royal Truck & Trailer is now the full service Utility dealer for the entire state of Michigan and has rebranded as Royal Truck & Utility Trailer.

January 4, 2023

Utility Trailer full product line with reefer, flatbed and dry van trailer

Shyft acquires XL Fleet

Acquisition of the Michigan firm will allow Shyft to develop its Blue Arc EV Solutions line, including a Class 3 walk-in van.

January 4, 2023

The Shyft Group

Industry media relations firm acquired

French/West/Vaughan (FWV) has acquired The Millerschin Group (TMG), a leading mobility and transportation-focused PR and integrated marketing agency.

January 3, 2023

FWV acquires the Millerschin Group

Stertil Group expands global lift business

The Stertil Group, part of Citadel Enterprises and located in Kootstertille, the Netherlands, announces the take-over of the business activities of Beissbarth GmbH.

January 3, 2023

Stertil-Koni regenerative mobile Earth Lift

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International HX Series tractor in vocational application

Navistar launches integrated vocational powertrain

"The S13 Integrated Powertrain is the most advanced powertrain we've ever produced and the lightest vocational powertrain available on the market," says Mark Stasell, vice president, Vocational Truck Business.

Cyberattack and data breach

Karmak hit by ransomware attack

Accelera cummins truck

Cummins launches new zero-emissions power brand

Phillips facility in Mexico

Phillips opens new production facility in Arteaga, Mexico

The 2023 State Of Heavy Duty Repair Report is here.

The 2023 State Of Heavy Duty Repair Report is here.

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Used Truck Guide Cover

Heavy-Duty Maintenance Checklist

Maintenance is a critical part of vehicle upkeep—we’re preaching to the choir here, but you know what? It doesn’t hurt to repeat it at times. Check out our latest downloadable maintenance checklist and give it a whirl!