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Manitoulin Transport Has Announced That It's Opening a New Terminal in Corman Park
Jan 24, 2014CORMAN PARK, SK — Manitoulin Transport has announced that it’s opening a new terminal in the rural municipality of Corman Park, Saskatchewan. "Saskatchewan is booming and local businesses must have service partners they can ...
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Manitoulin Transport Has Added to Its Western Canadian Shipping Capacity
Jan 22, 2014Manitoulin Transport has added to its Western Canadian shipping capacity by opening a new terminal in Saskatchewan. The facility sits on 8.4 acres of property located in Corman Park, Sask. It has 16 dock-level doors, and is equipped to ...
Tags: Transportation, Auto Parts
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Those Who Closely Watch The Canadian Transportation Mergers Bemoan a Lack of Activity
Jan 10, 2014Those 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
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TransForce Is Buying The Canadian Assets of Vitran Corp
Jan 3, 2014After winning a bidding war with Manitoulin Transport, TransForce is buying the Canadian assets of Vitran Corp, TransForce announced Monday. Alain Bédard, chairman, president and CEO of TransForce said: "We are delighted to have ...
Tags: transportation
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Vitran Corp. Has Terminated Its Agreement with Manitoulin Transport
Jan 2, 2014Vitran Corp. has terminated its agreement with Manitoulin Transport and will instead be acquired by TransForce. TransForce offered $6.50 per share on Dec. 20, which Vitran said constituted a “superior offer” to the deal it ...
Tags: Vitran, Manitoulin Transport, TransForce, acquisition
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Vitran Corp Has Agreed to Be Acquired by TransForce Inc.
Jan 2, 2014Russ MacNeil Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran's Canadian assets. Vitran's which sold its U.S. LTL business in October, had ...
Tags: Vitran, TransForce, acquisition
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Manitoulin Transport Stood to Acquire The Canadian Operations of Vitran Corp.
Dec 27, 2013Manitoulin Transport stood to acquire the Canadian operations of Vitran Corp. until earlier this week. What changed? TransForce offered to pay $6.50 per share, beating out Manitoulin's offer of US $6.00, effectively starting a bidding ...
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Manitoulin Transport Bought The Canadian Assets of Vitran Corporation
Dec 17, 2013Last week, Manitoulin Transport bought the Canadian assets of Vitran Corporation and that's just what the Canadian trucking market needs, according to a CIBC World Markets report. "There remain too many players, which has resulted in poor ...
Tags: Canadian Trucking Market
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Manitoulin Transport Is Buying Vitran Corporation,Making It The Second-Largest Carrier
Dec 11, 2013Manitoulin Transport is buying Vitran Corporation, making Manitoulin the second-largest carrier in Canada. TransForce remains biggest. On Today's Trucking's 2013 Top 100 listings, Vitran was number three, Manitoulin number 12. Combined, ...
Tags: Manitoulin, buying Vitran Corporation, second-largest carrier in Canada
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Manitoulin Transport Reach an Agreement to Acquire Canadian Ltl Firm Vitran Corp
Dec 11, 2013Manitoulin Transport has reached an agreement to acquire Canadian LTL firm Vitran Corp. The deal includes all the outstanding shares of Vitran at a price of US$6 per share. The deal, including the assumption of Vitran's outstanding net ...
Tags: Manitoulin.Vitran Corp, acquire
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Manitoulin Group Will Be Purchasing All Shares in Major LTL Player Vitran
Dec 11, 2013Manitoulin Group's announcement tonight that it will be purchasing all shares in major LTL player Vitran may be its biggest move of the year, but it's certainly not the first. Manitoulin, which has over 3,000 pieces of equipment and more ...
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TransForce Will Now Have to Decide Whether to Sell Its Shares for a Tidy $4 Million Profit
Dec 11, 2013In the wake of Manitoulin's announced agreement to acquire Vitran at a cost of US$6 per share, TransForce will now have to decide whether to sell its shares for a tidy $4 million profit, stay put, or up its offer. Manitoulin's offer of $6 ...
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Manitoulin Transport Today Announced It Has Acquired Smooth Freight out of Brandon
Nov 27, 2013Manitoulin Transport today announced it has acquired Smooth Freight out of Brandon, Man. Smooth Freight provides LTL and truckload services and storage trailer rentals to more than 300 communities in southern and western Manitoba, from ...
Tags: Manitoulin Transport, buy, Smooth Freight
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Manitoulin Transport Has Purchased Smooth Freight Ltd.,of Brandon,Manitoba
Nov 27, 2013Manitoulin Transport has purchased Smooth Freight Ltd., of Brandon, Manitoba. Smooth Freight provides scheduled LTL and truckload services and storage trailer rentals to over 300 rural communities in southern and western Manitoba, from its ...
Tags: manitoulin, smooth, freight
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Cratex Provides Packaging for The Shipment of Manufactured Goods
Mar 20, 2013Manitoulin Group has acquired Canada-based crating, packaging and export services company Cratex Industries. Manitoulin Group of Companies chief executive officer Gord Smith said Cratex complements the company's existing businesses. ...