Canadian Carriers/Logistics Companies Rank as Top Earners
July 1, 2004
TORONTO, Ont. - Truck West would like to congratulate the following for-hire carrier/logistics companies for ranking among the Financial Post's recently published annual list of top Canadian companies for 2003.
TORONTO, Ont. – Truck West would like to congratulate the following for-hire carrier/logistics companies for ranking among the Financial Post’s recently published annual list of top Canadian companies for 2003.
The ranking criteria is revenue, regardless of industry, ownership or corporate structure.
The following companies made the cut:
TransForce Income Fund: (Ranked 293th, with $753,674,000 in revenue for 2003.)
Through its operating companies, TransForce Income Fund, based in St-Laurent, Que., is one of Canada’s largest providers of transportation and logistics services. Subsidiaries include less-than-truckload carrier TST Overland Express. The former TransForce Inc. reorganized into TransForce Income Fund in connection with an IPO in 2002. Income funds are designed to distribute cash flow from their operating businesses directly to investors.
Vitran Corporation Inc.: (Ranked 409th, with 465, 054,000 in revenue for 2003.)
Vitran, based in Toronto, Ont., is a provider of surface transportation and related logistics services throughout Canada and in 18 states in the central and southern U.S. Its business, carried on through its subsidiaries, consists of less-than-truckload services (LTL), which consists of two main business units, Canadian LTL and United States LTL; logistics services, which consists of two principal lines of business, supply chain solutions in Canada and the United States and freight brokerage, and truckload services. As of Dec. 31, 2003, Vitran was primarily engaged in providing a range of freight services composed of the subsidiaries and operating units, such as Vitran Express Canada, Vitran Express, Vitran Logistics and Frontier Transport.
Clarke. Inc.: (Ranked 436th, with $404,739,000 in revenue for 2003.)
Clarke Inc., also headquartered in Toronto, Ont., is one of Canada’s leading providers of intermodal, highway and logistics services throughout North America. Clarkelink is the company’s eBusiness solution for giving customers access to integrated information about all their business activities with any of the Clarke operating companies on one web site.
Armour, based in Moncton, N.B., has a comprehensive network of 23 terminals throughout Atlantic Canada, Armour Transportation Systems provides customers with: strategic alliances with less-than-truckload interline partners across Canada, United States and Mexico; a truckload division servicing all of North America; warehousing and distribution services available in three provinces and; a courier division servicing Atlantic Canada.
Contrans Income Fund: (Ranked 509th, with $292,881,000 in revenue for 2003.)
Contrans Income Fund (formerly Contrans Corp. prior to the July 23, 2002 reorganization) is a public company listed on The Toronto Stock Exchange. The Woodstock, Ont.-based company is one of Canada’s leading providers of freight and school bus transportation services with terminals across the country. The company’s freight transportation business provides flatbed, van, dry tank, liquid tank and dump trailing equipment services. Freight operations include approximately 700 full-time employees and 775 owner-operators. The fleet consists of over 1,100 tractors and 2,100 trailers
Contrans entered the school bus transportation industry in 2002 and currently operates over 700 buses servicing 18 school boards.
Groupe Robert Inc.: (Ranked 613th, with revenues of $203,855,000 for 2003.)
The Groupe Robert Inc., parent company (incorporated in 1982), headquartered in Rougemont, Que. employs 1825 and provides truckload and warehousing services throughout Quebec, the Maritimes, Ontario and the U.S.
Claude Robert is the company’s president.
The company was founded in 1973.
Reimer Express Lines: (Ranked 685th, with $163,000,000 in revenue for 2003.)
Based in Winnipeg, Man. and backed by more than 26,000 transportation professionals, Reimer’s transportation services cover Canada, the U.S., Mexico and 65 countries around the globe.
Reimer Express Lines is known primarily as an LTL carrier.
The company is backed by the resources of its parent company, Roadway Express.
Consolidated Fastfrate Inc.: (Ranked 695th, with revenues of $154,000,000 for 2003.)
Based in Woodbridge, Ont., Consolidated Fastfrate offers service throughout Canada, the U.S. and Mexico.
Among the company’s 17 intermodal facilities located across Canada, the largest facilities are situated in Montreal, Toronto (Vaughan), Winnipeg, Calgary, Edmonton and Vancouver. Each of these facilities is adjacent to, or in close proximity to, and working in cooperation with, a CPR intermodal yard.
The company offers the following services: intermodal, road, heated, Canada Customs bonded services, import container transload services, warehousing, expedited service to the U.S. and Mexico through Network Logistics, drayage service through Canadian Drayage Inc., etc.
Quik X Transportation Inc. (Ranked 748th, $129,139,000 in revenues for 2003.)
The Mississauga-based less-than-truckload (LTL) carrier provides expedited service throughout Canada. Quik X Transportation also serves the U.S. through partnerships with other trucking companies. Affiliates Quik X Logistics and QuikTrax Intermodal arrange LTL and truckload transportation in Canada.
The company’s Roadfast affiliate provides truckload transportation services.
Dynamex Canada Inc. (Ranked 757th, with $127,409,000 in revenues for 2003.)
Dynamex is a leading provider of same-day delivery and logistics services in the U.S. and Canada, including JIT, schedule deliveries, biotransport, same day shipment and messenger services and customized call centre services.
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