Lineage Logistics closes VersaCold acquisition

Lineage Logistics has closed the acquisition of VersaCold Logistics Services, which was first announced on April 13. VersaCold operates 24 temperature-controlled facilities spanning 114 million cubic feet of capacity across…

Lineage Logistics purchasing Versacold

Lineage Logistics is buying Versacold Logistics Services from Torquest Partners and its investment partners, the Investment Management Corporation of Ontario, and Optrust. Financial terms of the transaction were not disclosed. Founded…

VersaCold buys cross-border trucking firm

TORONTO, Ont. — VersaCold Logistic Services has announced its acquisition of the assets of cross-border carrier Gary Heer Transport. The move marks VersaCold’s entry into the US cross-border transportation segment.

Stresses build strengths

MISSISSAUGA, Ont. — When times are good and things are easy, even the worst–run business can survive, but it’s when companies are put under stress that’s when they evolve and…