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Crevier Group acquires 33 Gaz-O-Bar service stations

May 2, 2017 by John Smith

MONTREAL, QC – A subsidiary of Crevier Group has acquired the Gaz-O-Bar service station network in Eastern Quebec, strengthening its position in the Lower St. Lawrence and Gaspe regions of Quebec.

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Tallman Group Acquires Lease Portfolio

January 8, 2016 by sehui

MISSISSAUGA, ON – Tallman Group on Thursday said it completed its purchase of certain full service lease truck assets from Tandet NationaLease on the final day of 2015.

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Stemco Reaches Agreement With Goodyear

December 21, 2015 by sehui

LONGVIEW, TX — Stemco has officially reached a trademark license agreement (TMLA) with The Goodyear Tire & Rubber Co following its recent acquisition of the manufacturer of Goodyear Air Springs.

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Trimac Purchases Assets of Small Quebec Fleet

December 15, 2015 by sehui

CALGARY, AB – Bulk trucking services provider Trimac Transportation Ltd. is increasing its operation in a target market with the purchase of assets of from one small fleet.

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Groupe Morneau Expands, Acquires Total Cold Storage

December 9, 2015 by sehui

ANJOU, QC – The trucking company Groupe Morneau announced this week it has finalized its purchase of Total Cold Storage, located in its hometown on Anjou, QC.

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TransForce’s Transport America Acquires Optimal Freight

December 2, 2015 by sehui

ETOBICOKE, ON and EAGAN, MN – A subsidiary of Canadian trucking giant TransForce Inc. has purchased a majority stake in a U.S. non-asset based truckload freight brokerage company.

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BMO Closes on Purchase of GE Transportation Finance

December 1, 2015 by sehui

CHICAGO, IL and TORONTO, ON — BMO Financial Group, the parent of BMO Bank of Montreal, and its wholly-owned Chicago-based subsidiary BMO Harris Bank N.A. has completed its acquisition of General Electric Capital Corp’s. Transportation Finance business.

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Titanium Transportation Purchasing ProNorth Transportation

November 30, 2015 by sehui

WOODBRIDGE, ON — Titanium Transportation Group Inc. announced it has received the approval of its board of directors to finalize definitive agreements to acquire ProNorth Transportation.

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Trailer Wizards Focusing on 401 Corridor with Purchase

November 12, 2015 by sehui

MISSISSAUGA, ON — The commercial trailer rental, leasing, sales, service, parts and storage, company Trailer Wizards Ltd. announced on Wednesday it has acquired a trailer repair and maintenance company focused on serving the London and 401 corridor.

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Kriska Purchasing Transpro Freight Systems

November 3, 2015 by sehui

PRESCOTT and MILTON, ON – Trucking company Kriska Transportation Group Ltd. announced Tuesday it signed a letter of intent to acquire the shares of fellow Ontario-based carrier Transpro Freight Systems Ltd., based in Milton.

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TransForce Profit Jumps, Exiting Rig Moving, Eyeing U.S.

October 23, 2015 by sehui

MONTREAL, QC – Trucking giant TransForce Inc. did more than just release its third quarter earnings on Thursday showing an increase in profitability. It announced it was getting out of one business while saying the next day where it was setting its sights for future growth.

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Thermo King Purchases Telematics Provider

October 9, 2015 by sehui

MINNEAPOLIS, MN – A manufacturer of transport temperature control systems for trucking and a variety of other applications has purchased a developer of customized and integrated vehicle tracking and fleet management solutions.

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Mullen Purchases Courtesy Freight Systems

October 2, 2015 by sehui

OKOTOKS, AB — The trucking and logistics provider Mullen Group Ltd. has closed on its acquisition of Courtesy Freight Systems Ltd., a privately- owned freight transportation company.

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Tandet Continues Wave of Trucking Purchases

September 30, 2015 by sehui

OAKVILLE, ON – The parent to several trucking operations continues growing, purchasing Connell Transport, based in Hamilton, ON. The move by Tandet Group creates new opportunities in its bulk logistics business, Tandet Logistics, according to the company, with the addition of 60 tractors and 80 trailers, and giving it terminals in Oakville, Mississauga, Cambridge and Sarnia, ON, along with a western focused terminal and rail transfer operation in Winnipeg, MB.

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Truck-Lite Purchased, Penske Relinquishes Majority Interest

September 28, 2015 by sehui

FALCONER, NY – Truck-Lite Co. has announced it is being purchased by an affiliate of Koch Equity Development LLC and BDT Capital Partners LLC and will partner with Penske Corp. The move will allow the commercial vehicle and filtration systems provider, owned by Penske and funds affiliated with the private investment firm Kelso & Company, to relinquish its majority control, while allowing Truck-Lite to expand with new products and services, according to a news release.