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.
18 Jun 2015
Truckload carrier Transport America hopes to tackle the driver recruitment and retention problem from two angles: raising per mile pay, and increasing its speed limit to give drivers more miles.
20 May 2015
The acquisition of Hazen Final Mile gives TransForce and same-day logistics subsidiary Dynamex a longer reach in e-commerce shipping markets.
23 Apr 2015
Canadian transportation and logistics firm TransForce is increasingly looking to tap cross-border trade growth after acquisitions and a weaker Canadian dollar propelled its net income and revenue in the first quarter.