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COMPETITION WATCH: TransForce adds to stable, acquires Thibodeau Group

MONTREAL, Que. -- TransForce Income Fund has announced it has acquired LTL and TL carrier, the Thibodeau Group of C...


MONTREAL, Que. — TransForce Income Fund has announced it has acquired LTL and TL carrier, the Thibodeau Group of Companies.

Thibodeau operates primarily in Quebec, Ontario and the US. The carrier was founded in 1945 by the father of its current president, Pierre Thibodeau. The company operates 1,530 tractors and trailers out of 14 terminals.

The group generated revenues of more than $80 million in 2006.

“Thibodeau is a well-established and successful business with an exceptional track record. It will further strengthen our less-than-truckload and truckload operations in Eastern Canada,” said Alain Bedard, chairman, president and CEO of TransForce. “The Thibodeau name is well known and synonymous with the very best in our industry. We are delighted to have this trucking icon as a TransForce company.”


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