Truck News


Keyword
merger


  • Merger creates iHaul Freight Systems

    May 9, 2019 11:32AM by Truck News-West

    LANGLEY, B.C. – Alberta’s H&R Transport and B.C.’s iHaul Freight Ltd. have merged creating iHaul Freight Systems. The agreement, which is subject to closing conditions, will see H&R Transport’s over-the-road transportation division unite under the iHaul banner. iHaul Freight Systems

  • TransForce to take over Contrans in mega-merger (Updated with Analysts’ Reactions)

    July 24, 2014 9:03PM by James Menzies

    MONTREAL, Que. — Canada’s largest trucking firm, TransForce, has made a friendly, board-approved takeover bid for Contrans, another of Canada’s largest, publicly traded trucking firms. The proposed deal was for $14.60 per share, totaling an equity purchase price of about $495 million.