MISSISSAUGA, Ontario – Polaris Transportation Group has acquired PRI Logistics, a 3PL brokerage based out of Vaughan, Ontario.
The deal, which closed March 2, will have PRI Logistics operating under the Polaris Global Logistics brand.
“Our two companies have known each other for over a decade,” said Dave Cox, president of Polaris Transportation Group.
“They bring us valuable market intelligence and excellent insights into the industry. This is an opportunity to partner our resources, develop synergies and strategically grow our services.”
Polaris handles over 300,000 orders across the Canada-United States border every year and continues to grow.
“You have two like-minded entrepreneurs joining forces,” said Sam Marra, president of PRI Logistics.
“We share similar philosophies and have developed a lot of respect for each other. This is an excellent opportunity to grow what is a dynamic client base and expand our infrastructure. This partnership really is a win-win for both our clients and the Polaris team.”
The Polaris Transportation Group comprises five operating divisions that provide cross border LTL, global logistics and HAZMAT-certified warehousing and distribution.
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