Truck News


Keyword
mergers


  • ITS buys Mortrans

    May 4, 2018 2:25PM by Truck News

    BELLEVILLE, Ont. – International Truckload Services (ITS) has announced its acquisition of Mortrans Transport. The deal includes 45 trucks and 65 employees. “Not only will we keep all their employees, we are also hiring additional drivers and office staff. In

  • TFI buys Normandin Transit

    April 3, 2018 1:52PM by Truck News

    MONTREAL, Que. – TFI International has agreed to purchase Normandin Transit. The company says the move bolsters its cross-border LTL and truckload services. Based in Napierville, Que., Normandin has grown rapidly since its founding in 1988. It has focused on

  • TransForce creates role for M&A v.p.

    June 14, 2016 6:28AM by Truck News

    MONTREAL, Que. — TransForce has announced the creation of a new role within the company, vice-president of mergers and acquisitions. It will be filled by David Saperstein beginning June 28, the company says. He will be based in the US

  • Why I’m taking a wait and see approach to the Transforce-Contrans mega deal

    August 10, 2014 10:18PM by Lou Smyrlis

    Ever since the end of the Great Recession, industry executives have been talking about the need to consolidate the industry as a way to soak up excess capacity, provide top shippers with the large scale transportation network they desire, and

  • TransForce adds refuse fleet

    June 4, 2014 11:06PM by Truck News

    MONTREAL, Que. — TransForce has added to its waste hauling business with the acquisition of Matieres Residuelles. TransForce’s Matrec division made the purchase of Veolia E.S. Matieres Residuelles, which operates under the name of Veolia Solid Waste Canada. In the

  • TransForce boosts US presence with Transport America buy

    June 2, 2014 7:09AM by Truck News

    MONTREAL, Que. — TransForce has announced a major US purchase, acquiring truckload carrier Transport America. The deal gives TransFoce a substantial US presence. Transport America operates 12 terminals throughout the US, employs 2,000 staff and independent contractors and operates 1,500