Today’s Trucking’s annual list of Canada’s Top 100 largest for-hire carriers reflects the impact the economic climate had on the trucking industry’s landscape.
You will see seven new names on the list this year, while some have disappeared, in some instances due to mergers and acquisitions.
The Top 5 largest carriers remained the same, with TFI International and Day & Ross maintaining the top two positions. However, Bison Transport moved to the third spot on the list.
Today’s Trucking has compiled the list of the Top 100 – Canada’s biggest for-hire fleets based on equipment counts. And some familiar names continue to dominate the top of the list.
TFI International maintains its position as Canada’s biggest fleet, followed by Day & Ross, and Mullen Group. Bison Transport moves into the fourth spot, followed by Canadian National Transportation.
The full data can be accessed and sorted at www.trucknews.com/top-100.
Fleet mergers and acquisitions led to some significant changes in the annual ranking.
Consolidated Fastfrate acquired a controlling interest in Challenger Motor Freight – along with its 1,200 tractors, 3,000 trailers and 300 chassis — in August 2022, lifting the combined companies to 6th place.
Kriska Transportation Group saw growth of its own. This March it acquired Liberty Linehaul’s Canadian and U.S. operations, expanding LTL services with another 72 tractors and 157 trailers.
July 11, 2022 News
HALIFAX, NS, July 11, 2022 /CNW/ – Jardine Transport Group announced today that it has acquired K&T Transport Ltd. (“K&T”), an open-deck, dry van and logistics transportation business based in Plaster Rock, New Brunswick. K&T was established in 1984 and currently operates a fleet of sixty power units servicing customers throughout Canada and the United States. Jardine Transport Group has completed five acquisitions in the past seven years and now operates a fleet of over 210 power units.
Dion Cull, President of Jardine Transport Group, commented “The acquisition of K&T is consistent with our strategy of building a leading transportation company based in Atlantic Canada. Tim Linton has built a very strong business and I’m pleased that he will remain as General Manager of K&T. The company has a long track record of success and will complement our existing operations very well.”
“I am pleased to have completed this transaction with Jardine Transport Group,” stated Tim Linton, President of K&T. “I believe Jardine Transport Group will be a great owner of K&T and I am confident that we will continue to deliver strong service to our customers while providing excellent opportunities for our employees.”
About Jardine Transport Group
Founded in 1978, Jardine Transport Group has grown to become a leading Atlantic Canadian truckload carrier. The Company services a broad customer base in Ontario, Quebec, Atlantic Canada, Western Canada and the United States from its offices located in Fredericton, St. Stephen, Jacksonville, Plaster Rock and Saint Jacques, New Brunswick, Halifax, Nova Scotia, and St. John’s, Newfoundland. Jardine Transport Group is part of SeaFort Capital. Learn more about Jardine Transport Group at http://jardinetransport.ca/.
About SeaFort
Halifax-based SeaFort Capital makes controlling investments in small and medium-sized Canadian businesses and partners with experienced managers to build value.
SOURCE: Jardine Transport Ltd.
For further information: Dion Cull, President, Jardine Transport Group., Phone: 902-407-2501, Website: www.jardinetransport.ca
November 2, 2020 News
DARTMOUTH, NS, Nov. 2, 2020 /CNW/ – Jardine Transport Group announced today that it has acquired Quality Transportation Services (“Quality”), a long-haul, dry-van trucking company based in Jacksonville, New Brunswick. Quality was established in 1998 and currently operates a fleet of more than forty power units servicing customers in Canada and the United States. With the addition of Quality, Jardine Transport Group will further expand its geographic coverage and create opportunities to better serve its customers.
Dion Cull, President of Jardine Transport Group, commented “The acquisition of Quality is consistent with our strategy of building a leading truck-load carrier in Atlantic Canada, and I’m pleased that Stuart Palmer and Jordan Palmer will remain with the business. The company has a long track record of success. It will complement our existing operations.”
“We are happy to have completed a transaction with Jardine Transport Group,” stated Stuart Palmer, President of Quality. “I believe Jardine Transport Group will be a great owner of Quality, and with the backing of SeaFort Capital, I am confident that we can continue to deliver strong service to our customers while providing excellent opportunities for our employees.”
About Jardine Transport Group
Founded in 1978, Jardine Transport Group has grown to become a leading Atlantic Canadian truckload carrier. The company services a broad customer base in Atlantic Canada, Ontario, Quebec, Western Canada and the United States from its offices in Fredericton, Saint Stephen, Saint Jacques and Jacksonville, New Brunswick, Dartmouth, Nova Scotia, and St. John’s Newfoundland. Jardine Transport Group is part of the SeaFort group of companies. Learn more about Jardine Transport Group at http://jardinetransport.ca.
About SeaFort
Halifax-based SeaFort Capital makes majority investments in small and medium sized Canadian businesses and partners with experienced managers to build value.
SOURCE Jardine Transport Ltd.
For further information: Dion Cull, President, Jardine Transport Ltd., Phone: 902-407-2501, Website: www.jardinetransport.ca
June 5, 2019 News
Jardine Transport Group announced today that it has acquired Gil Trucking, an open-deck, long-haul trucking company based in Saint Jacques, New Brunswick. Gil Trucking was established in 1987 and currently operates a fleet of more than forty power units servicing customers in Canada and the United States. With this latest acquisition, Jardine Transport Group operates a fleet of 150 power units and is the fastest growing truckload carrier in Atlantic Canada.
“The acquisition of Gil Trucking represents a continuation of Jardine Transport Group’s growth strategy that will enhance our geographic coverage and expand our customer base,” said Dean Cull, Chairman of Jardine Transport Group.
Dion Cull, President of Jardine Transport Group, commented “Danny Soucy has built a very strong business, and I am pleased that he will remain as General Manager of Gil Trucking. The company has earned a loyal base of customers and assembled a high calibre team of employees and owner-operators. We welcome Danny and the entire Gil Trucking team to Jardine Transport Group”.
Danny Soucy, President and owner of Gil Trucking stated “We are pleased to have completed a transaction with Jardine Transport Group, a member of the SeaFort group of companies. I believe Jardine Transport Group will be an excellent owner of Gil Trucking, and I look forward to working with Dion and the Jardine Transport Group team to pursue further growth opportunities”.
Read Full News : https://www.newswire.ca/news-releases/jardine-transport-group-acquires-gil-trucking-820310130.html
July 12, 2017 News
Dartmouth-based Jardine Transport is taking over R.E.M. Transport, an international, long-haul trucking company based in the southern New Brunswick community of Saint Stephen.
“This is a strategically important transaction for Jardine. The acquisition adds scale to our existing operations and increases network density, which will result in improved overall efficiency,” Dean Cull, Jardine Transport’s chairman, said in a statement.
The dollar value of the deal announced Wednesday was not divulged.
Since April 2015, Jardine Transport has been owned by Halifax-based SeaFort Capital, an investment firm controlled by the Sobey and McCain families. When SeaFort Capital picked up Jardine Transport, it was then based in Fredericton, New Brunswick.
With its announcement Wednesday that it has acquired all the outstanding shares of R.E.M. Transport, Jardine is picking up another 50 trucks and 60 trailers and adding roughly 70 employees.
R.E.M. Transport president and co-owner Graydon Murphy said he and his partner will stay on during a transitional phase to provide support to Jardine Transport’s management team.
“We are pleased to have completed a transaction with Jardine Transport, a member of the SeaFort group of companies,” said Murphy in a statement. “We know that our employees will be well looked after and that the company will have access to capital and additional resources that will support future growth.”
See Orignal News Posting
http://thechronicleherald.ca/business/1485744-jardine-transport-buys-n.b.-trucking-firm
July 12, 2017 News
DARTMOUTH, NS, July 12, 2017, /CNW/ – Jardine Transport Ltd. (“Jardine Transport”) announced today that it has acquired all of the outstanding shares of R.E.M Transport Ltd. (“R.E.M. Transport”), an international long-haul trucking company based in Saint Stephen, New Brunswick. R.E.M. was established in 1973 and currently operates a fleet of more than fifty power units and sixty trailers servicing customers throughout most of Canada and the United States. The company has approximately seventy employees.
“This is a strategically important transaction for Jardine. The acquisition adds scale to our existing operations and increases network density, which will result in improved overall efficiency” said Dean Cull, Chairman of Jardine Transport.
Dion Cull, President of Jardine Transport, commented “I have a lot of respect for Graydon Murphy and Mike Bishop, and I am impressed by what they have been able to accomplish at R.E.M. Transport. The company has established a loyal base of customers by delivering reliable, efficient service across a network of key lanes. We look forward to working with Graydon, Mike and the entire R.E.M. Transport team”.
Graydon Murphy, President, and co-owner of R.E.M. Transport stated “We are pleased to have completed a transaction with Jardine Transport, a member of the SeaFort group of companies. We know that our employees will be well looked after and that the company will have access to capital and additional resources that will support future growth. Mike and I will stay involved with the business on a transitional basis, to provide support to Dion and the Jardine team”.
About Jardine Transport
Founded in 1978, Jardine Transport has developed a reputation as a reliable carrier. The Company services a broad customer base in Ontario, Quebec, Atlantic Canada, Western Canada and the United States from its offices located in Fredericton and Saint Stephen, New Brunswick, Dartmouth, Nova Scotia, and St. John’s, Newfoundland. Jardine is part of the SeaFort group of companies. Learn more about Jardine at http://jardinetransport.ca/.
About SeaFort
Halifax-based SeaFort Capital makes controlling investments in small and medium-sized Canadian businesses and partners with experienced managers to build value.
SOURCE Jardine Transport Ltd.
For further information: Dion Cull, President, Jardine Transport Ltd, (902) 407-2501
See Orignal News Posting
https://www.newswire.ca/news-releases/jardine-transport-acquires-rem-transport-634035763.html
HALIFAX, April 2, 2015 /CNW/ – SeaFort Capital Inc. (“SeaFort”) announced today that it has acquired Jardine Transport Ltd (“Jardine”). Jardine is a Fredericton-based long-haul trucking business that specializes in flatbed and drop-deck services. Founded in 1978 by Mr. Robert Leonard, Jardine has developed a reputation as a reliable operator. The Company services a broad customer base in Ontario, Quebec, Atlantic Canada, Western Canada and the Northeastern United States.
SeaFort today also announced the appointment, effective immediately, of Dion Cull as President of Jardine. Mr. Cull will assume leadership of the company from Mr. Leonard, who will retire.
“Jardine is a well-run business with excellent employees. The company has been servicing an impressive base of loyal customers for decades. The addition of Dion Cull to the management team will provide an orderly transition of leadership. Mr. Cull is a skilled operator and a proven leader. We are very pleased to partner with him on this opportunity” said Rob Normandeau, President of SeaFort.
Dion Cull commented “I am excited to work with the existing management team as we continue to service Jardine’s established customer base. With support from SeaFort, I plan to grow and develop the company in the coming years.”
About SeaFort
Halifax-based SeaFort Capital makes controlling investments in small and medium-sized Canadian businesses and partners with experienced managers to build value. Learn more about SeaFort Capital at www.seafortcapital.com.
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