WOODSTOCK, ON — Contrans closed the deal on their acquisition of Milton based Peter Hodge Transport Limited last Friday, a bulk transporter that has been specializing in open-top dump trailers and liquid tank trailers since 1971. The acquisition comes with 92 highway tractors and 140 trailers.
Contrans expects the acquisition to pull in $20 million in annual revenue, including fuel surcharges.
“The managers, staff and drivers at Peter Hodge Transport have spent over 40 years building a great company,” said Contrans’ chairman and CEO Stan Dunford. “This is a unique opportunity for us to strengthen our dump and tank hauling presence in Ontario by adding such a well-respected, service-oriented business to our group. For many years, we have operated a similar business in the Great Lakes region, but the shipping lanes and trailer types have differed from those typically handled by Peter Hodge Transport,” Dunford explained.
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