Done Deals: December 23, 2021

by Inside Logistics Online Staff

CN & Watco

The United States Surface Transportation Board (STB) has approved CN’s sale to Watco of non-core lines and assets on approximately 1,046 km of branch lines of Wisconsin Central Ltd. in Wisconsin and Michigan. CN announced and launched the sale in July of 2020. It also includes the sale of the Soo subdivision (approximately 400 km of track) that runs from Sault Ste. Marie, Ontario, to Oba, Ontario. In Wisconsin and Michigan the transferred segments will remain connected to CN’s network.

Solpak & Bartrol

Solpak Packaging Solutions Inc. has bought of Bartrol’s (Gann & Bartrol Canada 2000 Inc.) line of thermal delivery bags and its customer base. Founded over 50 years ago, Bartrol manufactures stoves, food warmers and thermal delivery bags. As part of the deal, customers can now order their bags directly from Solpak. The bag production team will remain in place and production will continue in Canada.

Challenger & Transtex

Challenger Motor Freight has ordered aerodynamic systems from Transtex for 100 trailers. Challenger will be using Edge Elite Aero Systems (EEAS) for their newest trailer order. Third party testing has proven up to 10.49 percent in fuel savings, or $4,618 per vehicle, from equipping the EEAS on 53 ft. dry van trailers. The system includes the E-2330T Edge Skirts, the Edge Topkit+, and Edge Flaps. As a for-hire fleet, Challenger affects its customers’ Environmental, Social, and Governance (ESG) score. With Transtex’s EEAS, Challenger improves its audit data, and extends the fuel savings and GHG improvements to their customers.

Bolloré & MSC

The Bolloré Group has received an offer from the MSC Group to acquire 100 percent of Bolloré Africa Logistics, including all of the Bolloré Group’s transport and logistics activities in Africa. The deal is valued at €5.7 billion ($8.3 billion).

Challenge Group & Cool Chain Association

Challenge Group has joined the Cool Chain Association (CCA). Global air cargo group Challenge’s six companies include cargo airlines, handlers, and logistics services, and its subsidiary carrier CAL Cargo Airlines carries perishables on the Israel to Europe trade lane. Challenge Group will join the CCA’s newly developed technical committee, with the aim of supporting tangible projects and initiatives to drive improvements in the cool supply chain.

– December 23, 2021