Mullen expands eastern Canada presence with IWD acquisition

OKOTOKS, Alta. – Mullen Group has reached an agreement to acquire Mississauga, Ont.-based International Warehousing & Distribution (IWD). The company provides Customs sufferance warehousing, air import/export deliveries, and full container…

Kenan Advantage Group buys Paul’s Hauling

WINNIPEG, Man. – The Kenan Advantage Group (KAG) has continued its expansion into the Canadian market with its purchase of Paul’s Hauling. The acquisition was made through its Canadian subsidiary…

Hyliion completes merger with Tortoise

AUSTIN, Texas – Hyliion has completed its merger with the special-purpose acquisition company Tortoise Acquisition Corp, the hybrid truck powertrain maker announced late Thursday. The merger, approved by Tortoise stockholders…

LaPrairie acquires Entrec subsidiaries

CALGARY, Alta. – LaPrairie Group of Companies has acquired Entrec Alberta and Capstan Hauling, the company announced Thursday. Both are divisions of bankrupt heavy equipment hauler Entrec Corp. The two…

Grant Group acquires Empire

MISSISSAUGA, Ont. — The Grant Group of Companies (GGC), which specializes in the haulage of construction materials, has acquired Empire Transportation of Grimsby, Ont. The financial details were not disclosed.

KAG acquires Beaulac Transport

NORTH CANTON, Ohio — The Kenan Advantage Group (KAG) has acquired Quebec-based Beaulac Transport through its Canadian subsidiary RTL Westcan, the company announced Friday. The financial details were not disclosed.

GSH acquires Toronto leasing company

MONTREAL, Que. — Groupe St-Henri (GSH), a leader in the semi-trailer industry in Quebec, has acquired Flexi-Van Canada, a leasing company based in Toronto, Ont. The financial details were not…

TFI acquires DLS for US$225 million

MONTREAL, Que. — TFI International on Tuesday announced that it has signed a definitive agreement to acquire DLS Worldwide, a business unit of R.R. Donnelley & Sons Co. The deal,…

Navistar rejects latest Traton offer, but opens door to talks

LISLE, Ill., Sept. — Navistar International has rejected a revised takeover bid from Traton SE, saying on Monday that its US$43 per share proposal significantly undervalues the company. The truck…

Traton sweetens bid for Navistar

MUNICH, Germany — Traton SE, the truck and bus division of Volkswagen AG, has increased its offer for Navistar International shares to US$43 per share in cash. Traton said Thursday…

Omnitracs acquires SmartDrive

DALLAS, Texas – Fleet management solutions provider Omnitracs is acquiring transportation technology company SmartDrive, the two companies announced Wednesday. The financial details were not revealed, but media reports said the…

TFI cements CCC purchase, adds to earlier Comcar acquisitions

MONTREAL, Que. – TFI International has acquired CCC Transportation, known primarily as a bulk carrier that operated as a subsidiary of Comcar Industries. The US $6.8-million deal includes associated real…

Mullen Group purchases remainder of Pacific Coast Express

OKOTOKS, Alta. – Mullen Group has completed its purchase of Pacific Coast Express (PCX), acquiring the remaining 60% of its shares. Mullen initiated the purchase by taking an equity position…

TFI International to buy APPS Transport

MONTREAL, Que. – TFI International has announced it will purchase APPS Transport Group, an Ontario-based provider of LTL, TL and warehousing, distribution and specialized logistics with operations across Canada. The…

Titanium posts strong second quarter as freight volumes rebound

BOLTON, Ont. – Titanium Transportation grew its profit by $400,000 in the second quarter year-over-year, after weathering the storm brought on by Covid-19. Its net income was $900,000 for the…