CSX acquiring Quality Carriers preview image Transportation CSX acquiring Quality Carriers May 14, 2021 The CSX railroad has announced it is acquiring Quality Carriers – North America’s largest bulk liquid chemical fleet – from Quality Distribution. Terms of the transaction were not disclosed. Quality…
TFI International closes UPS Freight deal preview image Business Management TFI International closes UPS Freight deal April 30, 2021 TFI International has closed its acquisition of UPS Freight. (Photo: iStock) The company announced the acquisition, for US$800 million, in January. About 90% of the division will operate as TForce…
Stillwater involved in five transportation deals, anticipates more M&A activity preview image Business Management Stillwater involved in five transportation deals, anticipates more M&A activity April 28, 2021 Stillwater Capital has announced it has been involved in five transportation and logistics acquisitions over the past six months and expects frenzied M&A activity to continue. The deals include: TFI…
TFI International posts strong Q1, prepares to close UPS Freight deal preview image Business Management TFI International posts strong Q1, prepares to close UPS Freight deal April 28, 2021 TFI International’s blockbuster acquisition of UPS Freight couldn’t have been timed better. The division achieved record Q1 earnings, with UPS’s Supply Chain and Freight Group more than doubling profits. But…
Agropur to outsource milk hauling in Quebec, Nova Scotia preview image Business Management Agropur to outsource milk hauling in Quebec, Nova Scotia April 19, 2021 Agropur Cooperative has announced plans to sell its bulk milk hauling operations in Quebec to companies whose core business is transporting liquid food products. It will also discontinue its milk…
Mullen Group buys Bandstra Transportation Systems preview image Business Management Mullen Group buys Bandstra Transportation Systems April 19, 2021 Mullen Group has announced it has acquired the Bandstra Group of Companies, including Bandstra Transportation Systems and Babine Truck & Equipment. The deal closed April 16, and adds 180 power…
GI Partners to buy Orbcomm preview image Mobile and IT GI Partners to buy Orbcomm April 8, 2021 Orbcomm has been acquired by GI Partners, a U.S. company that invests in data infrastructure businesses, for US$1.1 billion. The electronic logging device (ELD) manufacturer says the acquisition will afford…
Express Mondor acquires Dubois fleet, brokerage preview image Transportation Express Mondor acquires Dubois fleet, brokerage April 6, 2021 Express Mondor is acquiring Les Établissements Dubois Ltée – a fleet with more than 25 trucks and 75 trailers serving the entertainment industry and raw material businesses. Les Établissements Dubois…
Canada Cartage expands in Western Canada by acquiring Kore Logistics preview image Business Management Canada Cartage expands in Western Canada by acquiring Kore Logistics March 17, 2021 Canada Cartage continues to grow its final mile operations with the acquisition of Kore Logistics, one of Western Canada’s largest providers of final mile fulfillment and home deliveries. It’s the…
Why AHG was ‘perfect match’ for Skelton Truck Lines preview image Business Management Why AHG was ‘perfect match’ for Skelton Truck Lines March 16, 2021 Andlauer Healthcare Group’s (AHG) high-profile February purchase of Skelton Truck Lines was hashed out around the kitchen table at Ron Skelton’s house. “Larry Skelton, the founder, is 80 years old…
Mullen Group signs letter of intent to acquire APPS Transport preview image Business Management Mullen Group signs letter of intent to acquire APPS Transport March 8, 2021 Mullen Group has announced it has reached an agreement to acquire APPS Transport Group, including APPS Cartage and APPS Cargo Terminals. APPS had reached an agreement last year to sell…
Canada’s biggest truck fleets: The Top 100 (1-25) preview image Transportation Canada’s biggest truck fleets: The Top 100 (1-25) March 2, 2021 The Today’s Trucking Top 100 — Canada’s definitive ranking of the nation’s largest truck fleets by size — has been upended by recent mergers and acquisitions. TFI International is…
Canada’s biggest truck fleets: The Top 100 (26-50) preview image Transportation Canada’s biggest truck fleets: The Top 100 (26-50) March 2, 2021 The first half of the 2021 Today’s Trucking Top 100 fleet ranking continues here, offering insights into the capacity and services of Canada’s largest trucking operations. The Today’s Trucking Top…
Canada’s biggest truck fleets: The Top 100 (51-75) preview image Transportation Canada’s biggest truck fleets: The Top 100 (51-75) March 2, 2021 The second half of the Today’s Trucking Top 100 continues our annual count of Canada’s largest trucking fleets, ranking fleet sizes based on equipment counts. The Today’s Trucking Top…
Canada’s biggest truck fleets: The Top 100 (76-100) preview image Transportation Canada’s biggest truck fleets: The Top 100 (76-100) March 2, 2021 The annual Today’s Trucking Top 100 continues with the fleets ranked 76-100. Rankings are based on total equipment counts. The Today’s Trucking Top 100 is the definitive ranking of fleet…