CALGARY — Trimac Transportation Ltd announced today that it has entered into a letter of intent to acquire a majority interest in the parent company of Fortress Transport Inc.

While the deal won't close until the parties enter into a definitive share purchase agreement and some terms are ironed out, Trimac president and CEO, Ed Malysa is looking forward to the transaction.

"Fortress has been recognized as a premium carrier in the chemical industry for a very long time and Trimac is pleased to have Bob Clement and his team join Trimac," Malysa said.

"With Bob Clement's continued management and ownership position and Trimac's North American footprint, we believe this business will provide excellent synergies and growth opportunities in our chemical operations," he said in a press release.

"Fortress's key assets include a team of professional drivers with a similar safety culture and high operating standards as ours, so we are thrilled to have them on Trimac's team."

Based in Guelph, ON., Fortress provides dedicated bulk transportation deliveries throughout central Canada and the United States with a focus in hazardous and non-hazardous transportation of liquid chemicals, petroleum products, and dry chemicals. The assets of Fortress include 54 tractors and 130 trailers.