Inside Logistics

Done deals: February 5, 2021

Contracts, mergers, acquisitions and big deals in the supply chain sector this week


February 5, 2021
by

TFI International

TFI International Inc. has acquired Fleetway Transport Inc. Founded in 1983 and based out of Brantford, Ontario, Fleetway is a full-service provider of truckload and heavy-haul transportation solutions and logistics services. It operates over 80 tractors and more than 250 vans, flatbeds, drop decks and floats. Fleetway provides warehousing and transportation for forestry and refrigeration equipment and consumer packaged goods. It serves all of North America from its three facilities in Brantford that include its headquarters and terminal, a warehouse and a storage yard. Fleetway, which generates approximately $25 million in annualized revenue, will operate as a standalone business unit within TFI International’s Specialized Truckload segment and continue to be led by its president, David Rees, and VP of finance, Scott Walker.

Fresenius Medical Care

Fresenius Medical Care North America (FMCNA) is using Waterloo-Ontario-based Descartes’s last mile delivery solution to improve the distribution of equipment and services to home patients and dialysis centres across the U.S. With 400 vehicles on the road daily, the Descartes system is giving Fresenius more efficient route planning, as well as visibility for dialysis patients waiting for their service.

Rite-Hite

Milwaukee-based manufacturer Rite-Hite has acquired Scraper Systems of Lancaster, Pennsylvania. Scraper Systems is the manufacturer of FleetPlows, an automated snow removal systems for trucks, vans, and buses. Howard Livingston, and his son Fin Livingston, acquired the company in 2011 and subsequently led the company to its market leadership position. Howard will be retiring, and Fin will stay on as general manager. All Scraper Systems employees will join Rite-Hite’s 2,200 employees worldwide.

East Coast Warehouse & Distribution

East Coast Warehouse & Distribution, a temperature-controlled logistics provider to the food and beverage industry  located on the Port of New York/New Jersey and in Philadelphia, Pennsylvania, has acquired Temp-Distribution of Maryland, Inc. It is a temperature-controlled transportation and warehousing provider located on the I-95 corridor just outside the Port of Baltimore. This acquisition will allow East Coast Warehouse to use its port-based expertise in both the Port of Baltimore and the Mid-Atlantic market.