Canada Cartage buys family fleet

MISSISSAUGA — With no would-be truckers left on the family tree, Scott Sinclair, president of All-Ontario Transport, has decided to sell.

The buyer of this small-but-strong, Mississauga, Ont.-based family fleet is Canada Cartage Diversified Income Fund, holding company of Canada Cartage, one of Canada’s largest for-hire carriers.

All-Ontario is a third-generation, family-run, specialized truckload carrier with 20 tractors and 20 straight trucks. It has annual revenues of about $4.5 million.

It was launched in 1946 by J.V. Sinclair and his son J.W. (Bill) Sinclair with 3 units.

“With no next-generation active family members to promote through the business, we decided that our next best avenue was a sale of our operating business segment,” said Scott Sinclair, who today runs the company with his brother Stuart.

“With this in mind, we have spent considerable time ensuring that the successful purchaser would be considerate of our employees and our customers alike. Canada Cartage System has brought forward several generations of transportation experience, a terrific transition plan for our staff, and a great deal of dedicated-fleet expertise that our customers will be able to take full advantage of.”

Jeff Lindsay, President & CEO of Canada Cartage, said in a press release the “acquisition further strengthens our dedicated market position in Ontario and is consistent with our strategy of adding to our strong organic growth by selectively acquiring complementary businesses.”


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*