XPO Logistics Inc. (NYSE:XPO) continues its acquisition streak by purchasing the Michigan-based supply chain subsidiaries of Landstar System Inc. (Nasdaq: LSTR).

The transportation services company and third-party logistics provider, considered one of Mergers & Acquisitions’ “Seven Savvy Strategic Buyers” to watch, is paying $87 million for two technology products. The first is National Logistics Management (NLM), a provider of web-based expedited transportation management in North America. The second technology product, A3i, is also part of the deal.

Both assets were created in 2009 through Landstar's purchasing of Premier Logistics Inc., which included NLM, and Interactive Capacity Gateway LLC, as well as A3 Integration LLC, later renamed A3i.

A3i is an Ann Arbor, Mich.-based provider of information technology services that will be used to improve XPO’s expedite business. Landstar is headquartered in Jacksonville, Fla.

Buchanan, Mich.-based XPO has announced several deals throughout 2013. Acquiring the Landstar subsidiaries comes on the heels of four other transactions: Interide Logistics LLC in May for $4 million; 3PD Inc. in August for $365 million; Covered Logistics & Transportation in February for $12 million; and East Coast Air Charter Inc., also in February, for $9.25 million.

In 2012, XPO took over Turbo Logistics Inc. in a transaction valued at about $50 million, not long after it picked up Toronto-based Kelron Logisitcs Inc. for $8 million and Columbia, S.C.-based Continental Freight Services Inc. for $3.4 million.

XPO’s land grab of various rivals and complementary services comes as competition in the logistics space remains fierce, as the industry consolidates. Roadrunner Transportation Systems Inc. (NYSE: RRTS), for example, bought assets from Transport Corporation of America Inc. in August for $1.2 million.

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