Deal flow was heavy in the trucking industry during 2021. Most players in the space have seen multiple quarters of record earnings and cash flows. Whether it was looking for a place to put newfound cash to work, adding drivers and equipment in a capacity-constrained market or bolting on a new mode to the transportation offering, many carriers were actively vetting deals and buying assets.
Here’s a recap of a few of the most transformational deals in trucking during 2021.
Knight-Swift goes all in on LTL…
The biggest LTL acquisition lands in Canada…
XPO locks in on LTL, brokerage with GXO spinoff…
ArcBest becomes a top-15 broker…
From not making deals to dealmaker…
Watch: How will Uber Freight’s newest acquisition help push things forward?