TORONTO, Ont. -- Mike Gomes, the vice-president of maintenance for Bison Transport, summarizes his fleet’s on-road repair process in six simple words: “Truck broke. Fix truck. Send money.” It’s a joke, of course, but there’s still a ring of truth to it. Each step in the process – especially as it relates to controlling costs – makes a roadside breakdown much more difficult to manage than work in your own shop.
MISSISSAUGA, Ont. -- One of the biggest challenges for any fleet manager is a spec'ing decision, looking to strike the balance between initial purchase prices and performance. Maintenance leaders from Challenger Motor Freight, Bison Transport, and Titanium Transport shared their approaches with peers at the Canadian Fleet Maintenance Summit.
BOLTON, ON - Titanium Transportation Group has acquired Xpress Group, a van and flatbed carrier based near Windsor, Ontario. The deal is worth $3.1 million in cash, $420,000 in common shares, and the assumption of about $5.2 million in debt. "This is exactly the type of acquisition we have been waiting for," said Ted Daniel, Chief Executive Officer of Titanium. We expect to be able to achieve significant synergies between Titanium and Xpress. In addition, Xpress' customer base complements the cross-border, full truckload division that we have focused on growing."
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