Manitoulin Transport to buy Vitran Corp.

TORONTO, Ont. -- Manitoulin Transport has reached an agreement to acquire Canadian LTL firm Vitran Corp.

Manitoulin continues on acquisition tear and plan for country wide coverage

MANITOULIN ISLAND, Ont. -- Manitoulin Group’s announcement tonight that it will be purchasing all shares in major LTL player Vitran may be its biggest move of the year, but it’s certainly not the first.

Spot market freight volumes climb in October: TransCore

TORONTO, Ont. -- Canadian spot market freight volumes increased 7% in October, according to the TransCore Link Logistics Canadian Freight Index.

Rates climbed slightly in September: CGFI

TORONTO, Ont. -- Canadian ground transportation rates went up 1.1% in September, according to the latest Canadian General Freight Index.

SHOPPING SEASON: CELADON BUYS YANKE

Those who closely monitor the mergers and acquisitions landscape in Canada’s transportation industry have been quietly grumbling about the lack of activity so far this year. There has been lots of chatter, so to speak, but few deals...

SHOPPING SEASON II: WESTCAN SNAPPED UP; SMOOTH SAILING FOR MANITOULIN; CONTRANS’ BEST BUY

Nov. 16 marked a busy Saturday afternoon. No sooner had I posted the first story about Celadon’s purchase of Yanke, then I received a note that RTL-Westcan had been purchased by US tanker giant Kenan Advantage Group. This is a different...

Contrans buys Best Transfer

WOODSTOCK, Ont. -- Contrans Group has announced the acquisition of Guelph, Ont.-based Best Transfer.

Manitoulin Transport buys Smooth Freight

BRANDON, Man. -- Manitoulin Transport today announced it has acquired Smooth Freight out of Brandon, Man.

Ontario truckers told to master art of increasing prices

TORONTO, Ont. -- Noel Perry of FTR Associates is holding up four fingers and one thumb. He had asked a room full of Ontario trucking executives, rhetorically, “how many dry van carriers or reefer carriers have the capability to bid - in a...

Yanke deal makes Celadon one of Canada’s largest carriers

SASKATOON, Sask. -- As first reported here Saturday, Celadon Canada has agreed to acquire assets of N. Yanke Transfer in a deal it says will make Celadon one of Canada’s largest carriers.

RTL-Westcan bought by US tanker giant Kenan Advantage Group

EDMONTON, Alta. -- RTL Westcan, one of Canada’s largest niche bulk commodity haulers, has been sold to Kenan Advantage Group out of the US.

BREAKING: Celadon Canada buys Yanke

SASKATOON, Sask. -- Celadon Canada has purchased Yanke, in a blockbuster deal that sees Celadon accomplish its goal of creating a larger footprint in Canada.

Expect higher transportation pricing in years ahead: Cormark’s Newman

TORONTO, Ont. – The potential for synchronous global growth could ignite demand for transportation, leading to higher carrier pricing, a recovery of profitability, and the potential for industry consolidation, according to David Newman, a...

Good news ahead for global and Canadian economies, Newman tells CITT

TORONTO, Ont. – After five tough years, the global economic picture is starting to shape up for the better and Canada is well-positioned to take advantage of the new opportunities, according to David Newman, a transportation market...

Hitting the moving target on fuel surcharges: a critical conversation for shippers and carriers

TORONTO, Ont.-- In a panel discussion on fuel surcharges at the CITT’s National Conference on Supply Chain & Logistics today, Lou Smyrlis, editorial director of Truck News, asked shippers, carriers, and oil industry experts to weigh...