American trucking operator Knight-Swift has acquired competitor Abilene Motor in a $100 million deal that continues a slow process of consolidation in a fragmented, under-supplied industry. The move follows 12 deals in the trucking sector in North America in the past 6 months alone. The sector has the potential for a resurgence in growth should NAFTA negotiations tighten rules-of-origin and require more use of local parts in manufacturing. Trucking between the U.S. and Mexico was worth 66% of the total trade in the 12 months to January 31. Growth has been modest, with a 5% rise in the pa...
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