TransForce Moves to Acquire Quik X
Transforce announced today that is has entered into an agreement to acquire all the shares of Quik X Transportation.
"Quik X is well known for providing high-quality service through leading-edge technology," said Alain Bédard, chairman, president and CEO of TransForce.
Bédard said that the move meets their objective of being an asset-light business model, while increasing their density in the niche expedited LTL market — which Quik X has built a reputation on.
"More importantly," said Bédard "the transaction will be immediately accretive to TransForce earnings and should provide a solid return on our investment for shareholders, as we remain committed to our disciplined industry consolidation strategy."
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