Jardine Transport acquires R.E.M.

DARTMOUTH, NS -- Jardine Transport has purchased Saint Stephen, New Brunswick-based R.E.M Transport. R.E.M. was established in 1973 and currently operates a fleet of more than 50 power units and 60 trailers throughout most of Canada and the United States. The company has approximately 70 employees. "This is a strategically important transaction for Jardine. The acquisition adds scale to our existing operations and increases network density, which will result in improved overall efficiency" said Dean Cull, chairman of Jardine Transport.