WINNIPEG - Bison Transport announces today that it has acquired all of the assets of the container on flat car ("COFC") intermodal operations of Indianapolis, Ind.-based Celadon Group, Inc.
The acquisition includes operating personnel, drivers, customers and supplier relationships. This represents the continued growth of Bison's intermodal service and enhances its ability to support cross-border shippers in Canada, United States and Mexico.
"Our intermodal business platform is approximately five times larger than it was five years ago," said Brad Chase, vice-president logistics and multimodal. "This strategic move supports our corporate initiative for continued growth in our asset-light business platforms. We welcome and look forward to working with the staff, customers and suppliers who will be joining us as we enter a new and exciting phase of Bison's intermodal growth."
Financial details concerning this transaction have not been disclosed.
About Bison Transport Inc.
Bison Transport is one of the largest carriers in Canada, offering award-winning transportation solutions to the industry since 1969. Recognized by the TCA as North America's Safest Fleet, Bison is a high-service, dependable and value-creating supply-chain partner. Bison offers full truckload service, full-service logistics, intermodal, LTL, dedicated fleet operations, yard management, and warehousing and distribution. Bison is an active member of Natural Resources Canada's FleetSmart Program, as well as a SmartWay Transport Partner, a national and voluntary partnership of the U.S. Environmental Protection Agency.
Vice-President, Logistics & Multimodal
Chief Finance Officer