PS Logistics division TA Services acquired the assets and operations of Carmen Pacheco Transportation and Interload Forwarding, adding five warehouses totaling over 550,000 square feet and operations in El Paso and Laredo.
TOP Ships completed a share purchase agreement acquiring three SPVs holding shipbuilding contracts for high-specification ECO MR product tankers due in 2029, each with a five-year charter to an oil major.
H.I.G. Capital completed the acquisition of Torque Holdings, a UK omnichannel fulfilment and supply chain services provider, in partnership with management, which stays on to lead.
St. Louis-based Flanagan-White Delivery/Express merged with Zipp Express, combining two regional carrier networks into one of the Midwest's largest locally owned trucking and logistics operations as Flanagan-White's president retires.
H.I.G. Capital completed the acquisition of Torque Holdings, a UK omni-channel fulfilment and supply chain services provider, in partnership with management. Terms were not disclosed.
A.P. Moller Capital has agreed, through a separately managed fund vehicle, to acquire a majority stake in Euroports Group, which runs more than 50 deep-sea and inland terminals across 10 European countries and China and handles over 70 million tonnes of cargo a year. Existing shareholders SFPIM and PMV will stay on, and management, governance and strategy remain unchanged. Terms were not disclosed.
Italian mobility assistance platform hlpy acquired 100% of vehicle logistics company Carvoilà, with BNP Paribas BNL Equity Investments joining its shareholder base.
More than 500 shipper customers have publicly backed the proposed Union Pacific and Norfolk Southern combination in Surface Transportation Board filings.
Centre Partners and Altivare Capital Partners completed the acquisition of Navajo Expedited, a technology-enabled freight logistics provider based in Lakeland, Florida.
RTB Holdings acquired Boost Transport, a Georgia-based managed transportation, LTL, parcel and fulfillment provider, adding it to the AMX Companies; terms undisclosed.
Enstructure closed its acquisition of LOGISTEC's marine services division, creating a network of 106 terminals across 30 states and provinces with about 6,000 employees.
ASUR completed its acquisition of Motiva's entire equity interest in Companhia de Participações em Concessões for R$5.1 billion (US$992.2 million), adding 20 airports across Brazil, Ecuador, Costa Rica and Curaçao.
Imperative Logistics combined with RM Customhouse Brokers, an El Paso-based customs brokerage and bonded warehousing firm founded in 1948; terms were not disclosed.
Mubadala Capital agreed to acquire a majority equity interest in Austin-based truckload brokerage Arrive Logistics, with ATL Partners, Lead Edge Capital and management retaining stakes.