MILTON, Ont. - Keith Robson - who has led such trucking businesses as CP Express, Interlink, Atomic and QL Intermodal - has bought a majority interest in TSS-Transnet.The $5.3-million deal that closed...
MILTON, Ont. – Keith Robson – who has led such trucking businesses as CP Express, Interlink, Atomic and QL Intermodal – has bought a majority interest in TSS-Transnet.
The $5.3-million deal that closed June 1 is worth a 75 per cent stake, with the remainder held by company president Norm Plummer. Robson is the new chairman and chief executive officer.
“We met by chance about six months ago,” says Plummer. “We both felt there were tremendous opportunities.
The company has 78 highway tractors, 14 city trucks and 200 trailers, with owner/operators accounting for 14 per cent of the pool. But it also plans to push further into the logistics side of the business.
The two partners plan to leverage their individual strengths. Robson has an extensive background in finance and administration, while Plummer’s background was built on the sales side of the business. n
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