Two family-owned Canadian hauliers merge
Canada-based Seaboard Transportation Group intends to acquire Armour Transportation Systems. Armour is one of Canada’s leading transportation specialists with over 2,000 employees, 24 terminals and more than 4,000 pieces of equipment.
Also family run, the Seaboard Transport Group owns numerous transport brands across Canada and the United States. The company is a recognised leader in the bulk truckload industry and in recent years has added rail terminal transload services and options for bulk storage of dry and liquid products.
The completion of the transaction is subject to the satisfaction of typical closing conditions, including obtaining all regulatory approvals and clearances. (ben)