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COMPETITION WATCH: TransForce wraps up Quik X acquisition

MONTREAL, Que. -- TransForce has announced it ha finalized its acquisition of Quik X.


MONTREAL, Que. — TransForce has announced it ha finalized its acquisition of Quik X.

Quik X and its network of 17 centers across Canada and the US boasts annual revenues of about $200 million. Included in the deal are about 325 independent contractors and more than 600 employees, TransForce announced.

“This acquisition further enhances TransForce’s density and capabilities in the niche expedited LTL market. Quik X is well recognized for its leading-edge technology and highly qualified employees. More importantly, its asset-light business model should provide a solid return on our investment and create additional shareholder value,” said Alain Bedard, Chairman, president and CEO of TransForce.


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1 Comment » for COMPETITION WATCH: TransForce wraps up Quik X acquisition
  1. Greg says:

    Wonder how long until the name fades away like a lot of their other purchases.

    They did a BIG promo with HIGHLAND , trailers all lettered up on the sides like never before , now all the BIG DECALS peeled off and tiny little ones on the bottom of the back doors.

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