Business Management Andlauer Healthcare Group to purchase Skelton Truck Lines February 24, 2021 Andlauer Healthcare Group (AHG) has agreed to purchase Skelton Truck Lines’ Canadian operations, and 49% of its U.S. business for approximately $114.7 million. AHG has the option to acquire the…
Business Management Seaboard Transportation purchases Armour Transportation Systems February 19, 2021 Armour Transportation Systems has been purchased by Cape Breton, N.S.-based Seaboard Transportation Group. Armour Transportation was founded in 1966 by Wes Armour, and has grown to include more than 2,000…
Business Management XTL Group buys Transport Savoie February 12, 2021 The XTL Group has acquired cross-border refrigerated transport provider Transport Savoie of Manseau, Que. The deal marks XTL’s first acquisition in its history and adds nearly 40 power units to…
Business Management Quiet on the M&A front, Mullen Group may eye U.S. market February 11, 2021 Mullen Group may take a closer look at expanding in the U.S., as a stagnant Canadian economy and pricey valuations have tempered the company’s appetite to make a major deal…
Business Management New equipment, revenue-generating terminals part of TForce Freight’s plan February 10, 2021 TFI International’s first step in integrating the UPS Freight fleet it purchased in January will be to upgrade the equipment to reduce maintenance and repair costs, and improve driver satisfaction.
Business Management What’s driving the flurry of M&A activity? February 9, 2021 A flurry of merger and acquisition activity to start 2021 may just be a hint of what’s to come this year. We’ve seen 10 deal announcements cross our desks in…
Equipment White Spruce Partners buys North End Auto Spring February 9, 2021 White Spruce Partners has acquired North End Auto Spring, a Winnipeg-based truck repair center and wholesale parts distributor. North Auto Spring says it’s the largest supplier of suspension parts in…
Business Management Nortrans buys Micra Transportation Services February 9, 2021 Nortrans Freight Management has purchased Micra Transportation Services, which operates a fleet of roll tite and curtainside trailers, specializing in third-party logistics. The acquisition expands Nortrans’ fleet to 85 trailers…
Business Management Heniff Transportation buys Premier Bulk Systems February 2, 2021 Premier Bulk Systems has a new owner, after being acquired by U.S.-based Heniff Transportation Systems. Premier will continue to operate as a separate Canadian entity led by founder Kevin Berry.
Business Management TFI International acquires Fleetway Transport February 1, 2021 TFI International has purchased Fleetway Transport, a Brantford, Ont.-based truckload and heavy haul provider. Fleetway operates flatbeds, roll-tites, stepdecks and other equipment as well as providing warehousing and transportation for…
Business Management KTG acquires two London trucking businesses February 1, 2021 Kriska Transportation Group (KTG) has added two Ontario businesses to its stable: Round The Lakes Motor Express and Ready to Load Logistics. Both companies will operate under current leadership, with…
Equipment Tremcar acquires Bedard Tanks January 29, 2021 Tremcar Group has acquired tank trailer manufacturer Bedard Tanks, which will now operate as a division of Tremcar. Bedard designs and manufactures tanker trailers, mainly for bulk materials, and has…
Business Management Why M&A activity should heat up this year January 26, 2021 Owners of trucking and logistics companies could fetch a premium for their businesses in 2021, thanks to pent-up buyer demand and an increase in interest from non-traditional buyers. Spencer Tenney,…
Business Management TFI International buys UPS Freight in $800M blockbuster deal January 25, 2021 TransForce International has announced it has acquired UPS Freight, the less-than-load (LTL) and truckload divisions of United Parcel Services. Those divisions generated about US$3 billion in revenue last year, and…
Business Management New ownership sets Bison up for future growth January 5, 2021 WINNIPEG, Man. – Bison Transport has new ownership it says will enable it to better meet its ambitious growth plans. On Jan. 1, James Richardson &…
