TransForce's package division increased sales 6 percent, but its trucking business struggled in the second quarter.
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.
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.
06 Nov 2014
Canadian competition authorities gave a green light Wednesday to a deal that makes the biggest trucking operator in Canada — $2.9 billion TransForce — substantially bigger.
04 Nov 2014
Canada's largest trucking operator, TransForce, increased revenue 27 percent in the third quarter while waiting for approval of its proposed acquisition of rival Contrans.
28 Jul 2014
Fresh from acquiring U.S. truckload carrier Transport America, Canadian trucking giant TransForce is offering nearly C$500 million for Contrans, a publicly owned Woodstock, Ontario-based holding company specializing in bulk, flatbed, and tank trucking.
07 Jul 2014
One of North America’s largest trucking operators grew a little more last week, as TransForce officially finalized the acquisition of Transport America, Inc.
02 Jun 2014
Canada’s largest trucking operator, TransForce, will purchase U.S. trucking company Transport America for $310 million, including the assumption of $150 million in debt held by the Eagan, Minnesota-based carrier, the companies said today.
27 Mar 2014
Canada's largest trucking operator, holding company TransForce, completed its acquisition of Vitran, increasing its LTL market share in Canada and raising its North American profile.
02 Jan 2014
CRST International started 2014 by acquiring BESL Transfer, a flatbed trucking company in Cincinnati. Terms of the transaction were not disclosed.
30 Dec 2013
TransForce today agreed to acquire Vitran for approximately $136 million, including $29 million in debt.
05 Nov 2013
Vitran is putting a buffer between its profitable Canadian trucking operations and any unwelcome suitors, adopting a “shareholder rights plan” designed to slow or ward off any unsolicited bids.
30 Oct 2013
TransForce reported its profit in third quarter of 2013 was C$44.0 million (about US$42.0 million), down 18.2 percent year-over-year.
01 Oct 2013
Matthew Moroun just may have made the trucking deal of the decade, if not the new century. For only $2 million and the assumption of about $30 million in debt, the vice chairman of CenTra and son of trucking magnate Manuel “Matty” Moroun hopes to pick up the U.S. operations of $703 million Toronto-based Vitran.
26 Sep 2013
TransForce, through its subsidiary Dynamex Canada, has acquired all of the shares of Total Delivery Systems, a British Columbia-based courier and distribution services company.
26 Sep 2013
Vitran will review an offer for its Canadian business from trucking giant TransForce. Will there be a bidding war for the company?
26 Sep 2013
TransForce, the $3.1 billion Canadian trucking operator, is bidding to acquire the Canadian operations of less-than-truckload carrier Vitran, less than a week after Toronto-based Vitran announced the sale of its U.S. business.
30 Jul 2013
TransForce reported its net income in the second quarter of 2013 was C$26.6 million (about US$25.8 million), versus C$34.1 million in the second quarter of 2012.
19 Apr 2013
TransForce reported net income in the first quarter of 2013 was C$18.9 million (about US$18.4 million), compared with $29.4 million in the first quarter of 2012.
13 Mar 2013
TransForce has indirectly disposed of 500,000 common shares of Vitran Corporation, representing 3.05 percent of the issued and outstanding common shares of Vitran.
01 Mar 2013
TransForce reported profit in the fourth quarter of 2012 was $36.1 million, falling 13 percent from $41.7 million in the same quarter in the previous year.
04 Feb 2013
31 Jan 2013
Truck driver staffing firm TransForce has acquired Superior Driver Source and Superior Driver Source of the Carolinas. Terms of the transaction were not disclosed.
25 Jan 2013
North American trucking company TransForce has acquired about 1.8 million common shares of less-than-truckload operator Vitran Corp., representing 10.75 percent of the issued and outstanding common shares of Vitran.
17 Jan 2013