MISSISSAUGA, Ont. — TIP Trailer Services announced today that it has finalized the purchase of Train Trailer, a Canadian-based trailer rental and leasing and storage company.
Train Trailer was founded in 1971.
“It will be business as usual for our customers and our spirited team members,” said Rick Kloepfer, president of Train Trailer. “With the resources of TIP Trailer Services behind us, I see many exciting opportunities in front of us for future growth and expansion.”
Bob Fast, president and CEO of TIP Trailer Services added: “Train Trailer has an excellent reputation in Canada with facilities in Quebec, Ontario and Alberta. We saw it as an excellent opportunity to expand our services into the Canadian market. Train Trailer is currently the second largest semi-trailer rental, lease and storage company in Canada and maintains a leadership position in the diversification of its fleet. I feel confident that our proven industry knowledge and professionalism can only enhance the company’s position in Canada.”