Transportation & Logistics
Vinson & Elkins regularly represents businesses in many different areas of the transportation industry. Our lawyers have experience working with truckload, less-than truckload, heavy haul, open deck and specialty trucking carriers, logistics and intermodal providers, railcar companies, equipment lessors and manufacturers, service providers, financial institutions (including private equity and hedge funds and investment banks), and certain other industry participants in connection with transportation and logistics matters.
Our team collectively has decades of experience in the industry, providing us with a historical understanding, as well as the ability to give our clients practical advice in the context of current market trends. Our lawyers assist transportation and logistics clients in a variety of transactions, including strategic mergers, acquisitions, and divestitures, capital markets offerings of public and private debt and equity securities (including initial public offerings), equipment lease transactions, and customer and supplier contracts, as well as in disputes and investigations. Additionally, lawyers in our Antitrust, Restructuring, Executive Benefits, Corporate Governance & Board Representation, Finance, Bankruptcy, Environmental, Intellectual Property, and Labor practices across the firm provide industry specific, tailored supplemental advice to our Transportation & Logistics team in such matters.
Daseke in its $626 million merger with Hennessy Capital Acquisition Corp. II, a special purpose acquisition company, in an all-stock transaction
Trimble Navigation, a developer of GPS systems and software including surveying, mapping and marine navigation equipment, in its $335 million acquisition of TMW Systems, which develops enterprise software for transportation and logistics companies
ArcBest Corporation in the approximately $180 million acquisition of Panther Expedited Services, Inc., a North American transportation and logistics provider
Underwriters to Heartland Express, Inc. in a $89 million public offering of common stock by a selling stockholder
Underwriters to Covenant Transportation Group, Inc. in its $67 million public offering of common stock
ShippingEasy in the $55 million sale of the company to Stamps.com
Apollo Global Management in the acquisition of a majority interest in Tidewater Logistics, a leading provider of frac sand supply chain solutions
(E.D. Mich.) — Defending a leading automobile parts supplier and its affiliates in what has been described as the largest class action multi-district litigation in U.S. courts; we also coordinated with counsel representing the client in parallel litigation in Canada and other countries; V&E negotiated a favorable settlement on behalf of our client in the largest cases and continues to represent the client in remaining claims by other putative classes
Successfully pursued breach of contract claims against a U.S. government prime contractor, a provider of integrated logistics, in an AAA-sponsored international arbitration resulting in recovery of $35 million (net) for the client; this matter was followed by another arbitration in which the client pursued breach damages for a subsequent contract period; recovered, via settlement, another $55 million (net) for client, after succeeding on a motion for summary judgment before the AAA tribunal
(E.D. Tex.) — Represented individual inventors as Plaintiffs in an action against two major automotive manufacturers on patents directed toward truck storage systems
Represented a port warehouse and short-haul trucking company on union matters in ports in California, New Jersey, and Ohio
(Ala. Circ. − Mobile Cnty.); (W.D. Ky.) — Represented one of the nation’s largest railroads in multiple putative class actions and individual toxic tort actions, arising out of a train derailment, in Kentucky state and federal courts and Alabama state court
- InsightOctober 9, 2019