Canada Cartage plans to buy Vanguard

Toronto, Ontario—Canada Cartage is proposing to acquire Mississauga-based Vanguard Global Services Inc. Vanguard is a third-party logistics firm that has been in business since 1999. The transaction is expected to close in January, 2015.

The addition of Vanguard to the Canada Cartage group of companies brings additional transportation management expertise and leading-edge technology to the company’s logistics portfolio. Canada Cartage will now be able to deliver national fleet outsourcing, warehousing and distribution through their Direct Distribution Centres division, and complete third-party transportation management in both Canada and the US through Vanguard.

The financial details of the transaction were not disclosed, and the acquisition is expected to close by the end of January, 2015.