COMPETITION WATCH: Big Freight buys Paramount Storage
WINNIPEG, Man. — In an effort to broaden the scope of its service offerings, Big Freight System has purchased Paramount Storage.
Local media reported the deal covers Paramount’s three warehouses encompassing nearly 400,000 sq.-ft., all within a three-block radius in Inkster Industrial Park. Paramount’s trucking operation was placed into receivership earlier in the year and the company’s former owner Edgar Thiessen passed away, delaying the acquisition, the Winnipeg Free Press reports.
Big Freight had already been using Paramount’s warehouses for third-party freight services, the Free Press reports.
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