MONTREAL— TransForce has offered to buy Contrans for about $495 million in cash. TransForce bid $14.60 in cash per share for Woodstock-based trucking company, Contrans. "I have admired the progress of Contrans for some ...
Tags: TransForce, Contrans, Auto Parts
Canadian transportation firm TransForce Inc. said its income dropped in the fourth quarter, which was mostly attributed due to bad weather, and Contrans Group reported its earnings increased in 2014. Net income was C$12.3 million, or 13 ...
Tags: Transportation
Those who closely watch the Canadian transportation mergers and acquisitions scene have been bemoaning a lack of activity thus far in 2013. That silence was shattered in mid-November, beginning with the blockbuster acquisition of Yanke ...
Tags: Canadian, transportation, acquisition, merger
After selling MSM Transportation to Wheels Group last year, Mike McCarron joined Wheels to oversee mergers and acquisitions in a bid to consolidate the Canadian 3PL space. To gain a greater understanding of where the freight brokering ...
Contrans Group has announced the acquisition of Guelph, Ont.-based Best Transfer. Best provides flatbed, tank and dry bulk transportation services. Contrans estimates it will add about $8 million in annual revenue to its operations. ...
Tags: Contrans, buy, Best Transfer
On a spring afternoon in Oakville Ontario, a tanker truck negotiating a ramp at the QEW at Royal Windsor Drive suddenly rolled over at the mouth of the highway. The driver, suffering from life-threatening injuries, became trapped inside as ...
Tags: Stephen Lill, award, Bridgestone-OTA, truck, hero