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COMPETITION WATCH: Speedy Transport purchases U-Can Universal

BRAMPTON, Ont. -- Speedy Transport, a provider of transportation and logistics services in Ontario and Quebec, is a...


BRAMPTON, Ont. — Speedy Transport, a provider of transportation and logistics services in Ontario and Quebec, is acquiring the U-Can Universal Transit Ltd. (U-Can Universal), KLMN Warehousing Ltd. (KLMN) and Cantrax Ltd. (Cantrax) effective immediately.

U-Can Universal is a provider of LTL service to clients in Ontario, Quebec and the Maritime provinces. KLMN operates 400,000 sq ft of warehousing space in Etobicoke, Ontario and Dartmouth, Nova Scotia. Cantrax provides logistic and transportation services to Atlantic Canada.

"Speedy and U-Can will both benefit from the sharing of technologies and the ability to offer customers a broader range of services. With this acquisition we continue to pursue our long term growth strategy by adding value to our client base", said Monty Martin, CEO of Speedy Transport.

For more information please visit: www.speedy.ca or www.u-can-universal.com


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