COMPETITION WATCH: Manitoulin Transport acquires Penner International’s LTL biz
MISSISSAUGA, Ont. — Manitoulin Transport has acquired the less-than-truckload (LTL) business of Penner International. Representatives of Steinbach, Man.-based Penner say the carrier has made the decision to focus on its truckload business and has concluded an agreement with Manitoulin to purchase its LTL book of business.
The LTL business segment operates through seven terminals: Toronto, Winnipeg, Edmonton, Calgary, and Surrey in Canada, and Minneapolis, Minn. and Fargo, N.D. in the US. The primary consolidation points are Winnipeg and Minneapolis.
Manitoulin says the additional freight to and from the US will allow the company to provide direct service coverage between Minneapolis and Winnipeg, improving service times to all of Western Canada.
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