Business Management Trimac buys Transport Sylvain Lasalle May 19, 2023 Trimac has completed its second acquisition this year, purchasing Transport Sylvain Lasalle and its fleet of 28 tractors and 30 trailers. The Quebec fleet focuses on bulk pressure transport in…
Business Management TFI International buys LTL carriers Siemens, Hot Line May 1, 2023 TFI International has announced LTL deals in the U.S. and Canada, acquiring Siemens Transportation Group in Saskatchewan and Hot Line Freight Systems in Wisconsin. Siemens was founded in 1962 and…
Business Management Mullen Group buys B&R Eckel’s May 1, 2023 Mullen Group has purchased B&R Eckel’s Transport, bolstering its LTL presence in Northern Alberta and adding about 400 trucks and 950 trailers. The Bonnyville, Alta.-based company offers LTL, truckload, and…
Business Management NFI doubles Canadian footprint with SDR Distribution acquisition April 18, 2023 NFI Industries has increased its Canadian presence, buying SDR Distribution Services and doubling its Canadian distribution footprint in the process. SDR is a multichannel provider of custom warehousing and distribution…
Equipment Grote Industries buys Star Headlight & Lantern April 18, 2023 Grote Industries has purchased Star Headlight & Lantern, combining the two multi-generational family businesses. The latter will operate as the Star Safety Technologies by Grote subsidiary, a holding company wholly…
Business Management Transport Dynapro buys Transport TEB April 4, 2023 Transport Dynapro has acquired fellow Quebec hauler of fresh products, Transport TEB. In a press release, Dynapro announced that the “complementarity of the truck fleets of the two companies will…
Transportation Ritchie Bros. shareholders approve IAA acquisition, defy co-founder March 14, 2023 Shareholders of Ritchie Bros. Auctioneers (RBA) have approved an acquisition of IAA, defying a last-minute request from a corporate co-founder and former president who wanted to scuttle the deal.
Business Management Ritchie Bros. co-founder and former president are against IAA merger plans March 13, 2023 A co-founder and former president of Ritchie Bros. Auctioneers (RBA) are voicing their concerns about the auction house’s proposed merger with IAA, issuing a public letter to shareholders. “We…
Business Management Kriska Transport buys Liberty Linehaul’s Canadian, U.S. operations March 10, 2023 Kriska Transportation Group (KTG) has acquired the Canadian and U.S. operations of Liberty Linehaul, adding 72 tractors and 157 trailers and expanding its reach into the U.S. Liberty Linehaul is…
Business Management Succession, change management plans are must-haves for carriers March 8, 2023 A carrier’s owner must have a succession plan – whether they are planning to sell the business or not. It is a red flag for a prospective buyer as they…
Human Resources Carriers urged to use downtime to prepare for upswing March 7, 2023 The time is perfect for trucking companies to prepare for the next upswing in the market – providing safety training for drivers, servicing and trading equipment, and improving fuel mileage,…
Business Management Transport LFL buys JE Fortin March 6, 2023 Transport LFL has announced it has acquired JE Fortin, which celebrates its 100th anniversary this year. “It was after a long selection process with the Fortin family that we reached this…
Technology Torc Robotics acquiring Montreal-headquartered Algolux February 28, 2023 Torc Robotics — an independent Daimler Truck subsidiary that’s developing autonomous vehicles — has signed an agreement to acquire Montreal-headquartered Algolux. Algolux has expertise in computer vision and machine…
Transportation Merged fleet management companies rebranded as Wheels February 28, 2023 Wheels, Donlen and LeasePlan USA will all be rebranded as Wheels in the wake of the fleet management companies’ previously announced merger. “We approached the branding process with careful consideration,…
Supply Chain Western IntermodeX acquires Quickload Logistics February 24, 2023 Western IntermodeX has acquired Quickload Logistics — a company that among other services offers drayage support at the Port of Prince Rupert, B.C. Western IntermodeX operates a cross dock at…