Titanium Transportation Group Acquires Crane Transport (Oakwood, GA)

Titanium Transportation Acquires International Truckload Services Group (ITS)

February 5, 2021

Trucking & Fleet

Titanium Transportation Group Inc. acquired all shares of International Truckload Services Group (ITS) for approximately $60.5 million (cash and assumption of net debt), adding ITS' assets, footprint and customer base to Titanium's platform. ITS, founded in 1986 and based in Belleville, Ontario, generates about $80 million in annual revenue, operates ~330 power units and 1,600 trailers, and employs roughly 470 people; the deal expands Titanium's scale and geographic coverage across southern Ontario, Quebec and the United States.

Titanium Transportation Acquires Bert and Son's Cartage Limited

January 1, 2022

Transportation

Titanium Transportation Group Inc. (TSXV:TTR) acquired Bert and Son's Cartage Limited, a Brantford, Ontario-based trucking and warehousing operator. The deal adds approximately 40 drivers and staff, warehouse space and land adjacent to Titanium's existing Brantford terminal to expand its Canadian and U.S. cross-border capabilities and geographic footprint.

TFI International Acquires Gusgo Transport

June 12, 2020

Trucking & Fleet

TFI International signed a definitive agreement to acquire privately held Gusgo Transport (including Seatainer Transport and Seatainer Terminals), a Vaughan, Ontario–based container transport and storage business. The acquisition adds container drayage, storage capacity (6,000-container yard) and ~250 chassis to TFI's Truckload segment, expands density and geographic reach across the Greater Toronto Area and cross-border lanes into the U.S.

Battle Motors Acquires Crane Carrier Company from Turnspire Capital Partners

March 24, 2021

Manufacturing

Battle Motors, Inc. acquired Crane Carrier Company, LLC from an affiliate of Turnspire Capital Partners LLC; terms were not disclosed. Crane Carrier is a long-standing manufacturer of custom vocational truck chassis and purpose-built vehicles, and the acquisition strengthens Battle Motors’ manufacturing capabilities and position in the transition to electric vocational Class 7/8 trucks.

Groendyke Transport Acquires Georgia Tank Lines' Tank Truck Assets

December 15, 2021

Trucking & Fleet

Groendyke Transport, Inc. signed an agreement to acquire all tank truck assets of Georgia Tank Lines (GTL), increasing Groendyke's driver count by 39 to about 900 and adding three locations. The deal expands Groendyke's footprint into the greater Atlanta market and was expected to close Jan. 1, 2022.

Eagle Transport Corporation Acquires Bulk Carriers, Inc.

May 17, 2023

Transportation

Eagle Transport Corporation has acquired Bulk Carriers, Inc., a Dalton, Georgia-based dry bulk trucking company. The acquisition expands Eagle Transport’s dry bulk transportation capacity and regional footprint, adding Bulk Carriers’ tractors, trailers and experienced operations team to Eagle’s southeastern network.