COMPETITION WATCH: Contrans buys Aim Transportation Systems
WOODSTOCK, Ont. — Contrans Group has announced it has acquired Aim Transportation Systems, a 15-truck flatbed fleet out of Hamilton.
The fleet operates about 22 tandem flatbed trailers and will now be run out of Contrans’ Hagersville, Ont. terminal.
“This tuck-in acquisition complements our leading position in the tandem flatbed market,” said Contrans chairman and CEO Stan Dunford. “We like the mid to long-term prospects for this market. Accordingly, we believe that acquiring additional drivers and hauling capacity as well as expanding our customer base now will create additional long-term shareholder value.”
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