Canada’s biggest truck fleets in 2022: The Top 100 (51-75) preview image Transportation Canada’s biggest truck fleets in 2022: The Top 100 (51-75) March 31, 2022 The countdown of Today’s Trucking’s Top 100 for-hire trucking fleets continues with those who ranked from 51-75, based on equipment counts. Topping this collection of fleets is Groupe Transport…
Canada’s biggest truck fleets in 2022: The Top 100 (26-50) preview image Transportation Canada’s biggest truck fleets in 2022: The Top 100 (26-50) March 30, 2022 Our annual count of Canada’s largest for-hire truck fleet continues with those that ranked from 26 to 50, based on overall equipment totals. Topping this segment in the 2022 list…
Canada’s biggest truck fleets in 2022: The Top 100 (1-25) preview image Transportation Canada’s biggest truck fleets in 2022: The Top 100 (1-25) March 29, 2022 The Today’s Trucking Top 100 ranking of Canada’s largest for-hire truck fleets has been compiled for 2022. While much has changed in the wake of recent mergers and acquisitions, there…
TransPro buys iQ Logistics preview image Business Management TransPro buys iQ Logistics March 1, 2022 TransPro Freight Systems has purchased iQ Logistics, a Mississauga, Ont.-based provider of cross-border LTL, warehousing, brokerage and logistics services. “iQL is honored to join KTG (Kriska Transportation Group) as part…
Premier Bulk Systems buys Lenco Tank Truck preview image Business Management Premier Bulk Systems buys Lenco Tank Truck February 28, 2022 Premier Bulk Systems announced it has acquired Lenco Tank Truck, a bulk transporter of liquid asphalt, propane, bunker oil, and cement. Lenco will be rebranded under the Premier Bulk Systems…
Catalys Lubricants buys Nemco preview image Equipment Catalys Lubricants buys Nemco February 23, 2022 Oil distributor Catalys Lubricants has announced the purchase of manufacturer Nemco Lubricants and Chemicals, expanding its presence in the Prairies. Its Catalys’ third acquisition in the last six months and…
Control Freight Systems enters brokerage market with Anchor acquisition preview image Business Management Control Freight Systems enters brokerage market with Anchor acquisition February 23, 2022 Control Freight Systems, recently founded by former Polaris and TransPro executive Jon Saunders, has acquired 3PL Anchor Transportation Services. The business is 37 years old and is being purchased from…
Ultrack to purchase Power Moves Transport fleet preview image Transportation Ultrack to purchase Power Moves Transport fleet February 18, 2022 Ultrack Systems, a business that provides GPS tracking and monitoring solutions, has signed a memorandum of understanding to purchase Power Moves Transport. Power Moves Transport has a solid track record…
Fastfrate expands West with United Transfer acquisition preview image Transportation Fastfrate expands West with United Transfer acquisition February 8, 2022 Fastfrate Group, provider of transportation and logistics services in Canada and the U.S. announced its acquisition of United Transfer, a transportation and warehousing company based in Saskatoon, SK, effective Feb.
Navistar’s Carlbaum sets sights on electric, autonomous future under Traton preview image Equipment Navistar’s Carlbaum sets sights on electric, autonomous future under Traton February 4, 2022 Navistar has its eyes set on the future as it moves forward under Traton’s ownership with a new president and CEO. After initially securing just under 17% of the U.S.-based…
JBT Transport buys Heritage Transportation as it accelerates growth preview image Business Management JBT Transport buys Heritage Transportation as it accelerates growth February 2, 2022 Denis Medeiros, CEO of JBT Transport in Ayr, Ont., went from contemplating retirement to entering growth mode with the acquisition of nearby Heritage Transportation Group Feb. 2. “My son’s gotten…
Pride Group buys U.S.-based Arnold Transportation preview image Business Management Pride Group buys U.S.-based Arnold Transportation February 1, 2022 Pride Group Logistics has expanded its U.S. presence with the purchase of Arnold Transportation in Grand Prairie, Texas. The fleet includes 414 tractors and 1,400 dry van trailers. “The acquisition…
Why it’s shaping up to be a record year for trucking and logistics M&A preview image Business Management Why it’s shaping up to be a record year for trucking and logistics M&A January 28, 2022 It’s shaping up to be a record year for transportation and logistics merger and acquisition (M&A) activity, and valuations could reach a 10-year high. That’s the view of Spencer Tenney,…
Cummins completes acquisition forming natural gas JV with Rush preview image Equipment Cummins completes acquisition forming natural gas JV with Rush January 18, 2022 Cummins has completed its 50% acquisition of Momentum Fuel Technologies, bolstering its natural gas offerings in the North American market. It purchased its stake from Rush Enterprises, forming a joint…
Canada Cartage buys Laurentien Transport preview image Business Management Canada Cartage buys Laurentien Transport January 10, 2022 Canada Cartage made its fifth acquisition over the past year, buying Laurentien Transport of Bois-des-Filion, Que. The dedicated contract transport provider specializes in refrigerated freight, serving customers in the grocery,…
