The acquisition gives Canada's largest trucking operator a bigger US presence and route into Mexico and helps XPO pay down debt.
The largest Canadian trucking operator, TransForce is a $4 billion transportation holding company with package, LTL, truckload and specialized trucking subsidiaries. The firm is headquartered in Montreal, Quebec, Canada.
25 Jul 2016
TransForce's package division increased sales 6 percent, but its trucking business struggled in the second quarter.
14 Feb 2016
E-commerce opportunities on both sides of the Canada-U.S. border are helping TransForce compensate for loss of energy, less-than-truckload volumes.
02 Dec 2015
The surge in acquisitions keeps building, as truckload carrier Transport America, acquired last year by TransForce, buys logistics company Optimal Freight.