Keyword
mergers
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ITS buys Mortrans
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…
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TFI buys Normandin Transit
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…
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TransForce creates role for M&A v.p.
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…
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Why I’m taking a wait and see approach to the Transforce-Contrans mega deal
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…
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TransForce adds refuse fleet
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…
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TransForce boosts US presence with Transport America buy
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…
