Trimac buys propane transportation firm

CALGARY — Trimac Transportation Services has purchased the Energy Transportation division of Superior Propane.

In connection with this transaction – which includes 40 propane trailers and certain other assets — Trimac and Superior have entered into a seven-year transportation agreement providing for primary truck transportation of propane to Superior market locations and to certain larger volume customers in eastern and Atlantic Canada.

Annual revenues under the transportation agreement are estimated to be in the range of $7.5 million in the first year and $10 million thereafter dependent on propane volumes transported.

Trimac — Canada’s largest provider of bulk trucking services — says the product line seasonality of this new business, with its stronger winter volumes, will provide for operating synergies with our construction materials business segment which is more active in the summer months.


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