Penske Logistics completed the acquisition of Black Horse Carriers.

Penske Logistics, a provider of logistics services and solutions, completed the acquisition of Black Horse Carriers, a Chicago-based trucking company. The parties involved anticipate closing the transaction on December 31, 2020. Financial terms were not disclosed. "We are pleased to have completed the acquisition and we now look forward to our work together as one team in the coming year. We remain focused on delivering exceptional customer service as we integrate this business into our existing dedicated contract carriage operations," Marc Althen, Penske Logistics President.