CALGARY, AB – Joe Loomis Trucking (JLT) has been bought by CEDA, a maintenance and turnaround company in Canada’s oil, gas, and petrochemicals industry.
TORONTO, ON – Canada Cartage has acquired Doyle Transportation, based in Guelph, Ontario — a fleet that has been in business since 1982.
MONTREAL, ON – Canadian aerodynamic solutions company Transtex announced the acquisition of fleet safety technology company RM2J, yesterday.
The transaction, completed in July, represents a strategic opportunity for Transtex, the company said in a release.
The acquired technologies will provide products that increase fuel savings while reducing speeds for improved security, Transtex said.
KINGSTON, ON – CAT Holding has made another acquisition. The truckload carrier has purchased Kingston, Ontario-based SLH Transport, it announced today.
This is the second acquisition for CAT in 2017, with the company purchasing Group Express Groupex in January. CAT President Daniel Goyette says the group will gain an enormous boost in capacity and coverage for North America with the addition of both companies.
SLH — at one time a private fleet operated specifically for Sears department stores, before becoming a for-hire operation — was previously named to the 13th position of Today’s Trucking’s Top 100 carriers list.
TROY, MI – WABCO Holdings is upping the ante in its North American ownership, announcing this morning that it is taking full control of the he Meritor WABCO joint venture.
In a press release, WABCO Holdings said it was purchasing Meritor’s stake in the joint venture business, with a transaction that is expected to close Oct. 1.
Meritor WABCO, a distributer of WABCO products for commercial vehicles in North America, employs about 200 people and had sales of $300 million in fiscal year 2016
With this agreement, WABCO will take over the former joint venture’s application engineering and supply chain operations, including the distribution center and customer service hub in Hebron, Kentucky.
EVANSVILLE, IN – Accuride has announced that it has completed its acquisition of Vancouver, Washington-based wheel and wheel end component supplier KIC.
RIVERSIDE, MO – Technology deployment and support services provider, Velociti Inc. has announced its acquisition of driver wellness program provider, Rolling Strong.
OKOTOKS, AB- Alberta-based trucking company Mullen Group Ltd. said it’ll pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.
TransForce announced two new deals, back-to-back: an agreement with Waste Management of Canada Corporation and the approved acquisition of Clarke Transport Inc.
TORONTO — Wouldn’t you know it? Less than a month after we published our annual list of Canada’s Top 100 carriers, a prominent couple of Canadian truckers muck it all up by wedding their respective operations
Teamsters Union is concerned about Sysco’s acquisition of US Foods announced last week.
MONTREAL — At least one major trucking company is betting that the recession’s end is near and people will begin spending money on household goods again.
TransForce offered to pay $6.50 per share, beating out Manitoulin’s offer of US $6.00, effectively starting a bidding war.
TORONTO — With two suitors knocking on the door, unitholders of Livingston International Income Fund have about a week to decide their future.
INDIANAPOLIS – Celadon Trucking Services has inked a deal to acquire Wroexter, ON-based Hyndman Transport as part of the company’s plan to expand its Canadian footprint.