Acquisitions & Partnerships: Industry consolidation fuels expansion across trucking and transportation sectors
Key takeaways
- Strategic acquisitions like Tom Nehl and Reconomy expand service networks and strengthen regional presence for fleets and operators.
- Partnerships such as ITS America with The Transportation Channel amplify transportation tech innovations and safety solutions.
- Expanding capabilities and customer bases through acquisitions enhances operational efficiency and access to specialized services.
Reconomy expands U.S. footprint with Lincoln Waste Solutions acquisition
Reconomy recently acquired National Waste Associates through Lincoln Waste Solutions, marking its sixth U.S. acquisition in just over a year. The move expands Reconomy’s North American operations and positions Lincoln Waste Solutions as a top-five waste and recycling operator in the U.S.
“To have built from scratch a top-five waste management business in North America centered around Lincoln Waste Solutions in just over a year is a remarkable achievement,” Guy Wakeley, CEO of Reconomy, said. “We are confident that this latest acquisition will be a great addition to our rapidly growing U.S. operations and leaves us perfectly positioned to execute on our strategic priorities of attaining leading positions in our core markets, deliver superior earnings growth, and help our customers decouple growth from resource use.”
The acquisition strengthens Lincoln Waste Solutions’ customer base, network, and capabilities across multiple sectors. National Waste Associates’ addition enhances the company’s ability to deliver circular solutions and scale further across North America. Learn more…
ITS America partners with The Transportation Channel to highlight transportation technology
The Intelligent Transportation Society of America (ITS America) recently formed a partnership with The Transportation Channel (TTC) to showcase members’ transportation innovations through podcasts. The collaboration will leverage ITS America’s member expertise and TTC’s multimedia production capabilities to highlight solutions that drive a safer and smarter transportation future.
“This partnership will bring the story of how ITS technologies improve safety and mobility to the forefront of industry conversation and reach audiences far beyond the standard,” Laura Chace, president and CEO of ITS America, said. “We look forward to utilizing The Transportation Channel platform to highlight how our members are advancing technology-driven solutions that improve how people and goods move.”
The partnership provides ITS America members access to broadcast-quality podcast packages, including executive interviews, feature segments, and roundtable forums. TTC distributes content across high-level platforms, reaching millions of viewers monthly and ensuring significant exposure for ITS innovations. Learn more…
Acquisition of South Georgia Western Star strengthens Tom Nehl’s regional presence
Tom Nehl Truck Company recently completed the acquisition of South Georgia Western Star, a Western Star-only dealership in Douglas, Georgia. The acquisition increases Tom Nehl’s locations from four to seven and strengthens its presence in the South Georgia market.
“We are very much looking forward to welcoming the South Georgia Western Star employees to the Tom Nehl team and to serving the customers in and around Douglas,” Steve Bacalis, owner of Tom Nehl, said. “This exciting growth is grounded in our customer-first approach and the same family-owned values that have guided Tom Nehl for decades.”
The addition also expands Freightliner parts and service capabilities for customers in Douglas and the surrounding areas.
This piece was created with the assistance of generative AI tools and was edited by our content team for clarity and accuracy.