Truck News


Keyword
mergers


  • CN finalizes TransX acquisition

    March 22, 2019 1:27PM by Truck News

    WINNIPEG, Man. – CN has announced it has closed its acquisition of The TransX Group of Companies. The deal was first announced on Oct. 30, 2018. “We are pleased to have concluded this important transaction that allows us to deepen

  • GTI buys Precision Specialized Division

    February 11, 2019 10:52AM by Truck News

    WOODBRIDGE, Ont. – GTI Transport Solution has announced it is acquiring Precision Specialized Division, a division of Precision Truck Lines. Precision Specialized focuses on open-deck and heavy-haul transportation, which are also the specialties of GTI Transport Solution. All employees and

  • Kriska acquires Icon Transportation

    February 11, 2019 7:37AM by Truck News

    PRESCOTT, Ont. – Kriska Transportation Group has announced its acquisition of Icon Transportation Logistics (ITL) out of Puslinch, Ont. The company will continue to be led by general manager Alen Delija and its current management team. “ITL is a great

  • Day & Ross makes western acquisition

    December 14, 2018 8:53AM by Truck News

    OKOTOKS, Alta. – Day & Ross has announced it has purchased Alberta-based Stonehammer Transport. “This acquisition in Western Canada is a significant complement to our eastern flatbed fleet, bolstering our national network to better serve our customers,” said Bill Doherty, CEO.

  • Manitoulin deal strengthens northern presence

    December 13, 2018 1:41PM by Truck News

    WHITEHORSE, YUKON – Manitoulin Transport has purchased Kluane Freight Line’s book of business and formed a joint venture with the Chief Isaac Group of Companies. Kluane is a First Nation-owned LTL carrier based in Whitehorse and a member of the

  • Big Freight merges with Kelsey Trail Trucking

    July 5, 2018 4:33PM by Truck News

    WINNIPEG, Man. – Big Freight Systems has announced it will merge with Kelsey Trail Trucking, combining to operate nearly 750 tractors and trailers. Kelsey Trail will operate as a division of Big Freight, and will keep its operations intact, the

  • 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