Truck News

News

Hercules to purchase Clipper LTL division

TORONTO, Ont. -- Hercules Forwarding Inc. has entered into an agreement with Clipper Group to purchase their Less t...


TORONTO, Ont. — Hercules Forwarding Inc. has entered into an agreement with Clipper Group to purchase their Less than Truckload (LTL) unit.

This does not include their Brokerage, Logistics or Intermodal units. This transaction is expected to close on December 31st, 2003, with Hercules commencing operations on January 1, 2004. Hercules and Clipper have additionally entered into mutual marketing agreements.

Hercules, an asset-based US/Canadian LTL carrier, currently operates terminals throughout the US and Canada. The acquisition of the Clipper LTL division will add additional terminals and services broadening Hercules’ overall service area.


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*