TORONTO, Ont. — Canada Cartage has announced plans to acquire third-party logistics firm Vanguard Global Services.
The transaction is expected to close in January 2015 and the combined companies will provide complete asset and non-asset based transportation services in North America, Canada Cartage announced.
Vanguard has been in business offering customized supply chain solutions since 1999. Canada Cartage says the acquisition will bring in additional transportation management expertise and leading edge technology to its logistics portfolio.
It will now be able to offer national fleet outsourcing, warehousing and distribution through its Direct Distribution Centres division and complete third-party transportation management in the US and Canada through Vanguard.
“We are very excited about adding the expertise and experience of the Vanguard management team and staff to Canada Cartage,” said Jeff Lindsay, president and CEO of Canada Cartage. “Vanguard is a very successful and innovative company in the transportation management space, and they will allow us to bring a complete logistics solution to our customers.”
“We like Canada Cartage’s leadership team and corporate culture, and look forward to building a successful partnership together, and with our customers,” said Vanguard’s president Richard Court.
Mark Bates, vice-president of sales and marketing added “Canada Cartage has the resources and national footprint to help Vanguard’s customers achieve more efficient and cost-effective supply chain solutions.”
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