Bison Transport Inc. Acquires Pottle’s Transportation
October 12, 2022 (Winnipeg, MB) Bison Transport (“Bison”) is pleased to announce that, effective October 31, 2022, Bison will acquire, through an affiliate, 100 per cent of the issued and outstanding shares of Pottle’s Transportation (“Pottle’s”).
Headquartered in Hermon, Maine, Pottle’s is a truckload carrier based in the Northeastern US with 200+ tractors and 750+ trailers and a logistics offering. Pottle’s is a 2nd generation business, founded over 60 years ago by Cliff Pottle and then owned by his son, Barry Pottle, until it was acquired by Bison. Pottle’s success has been driven by a long tenured and reputable customer base, low driver turnover, a focus on safety, a quality fleet and a strong company culture. These factors are similar to those that have allowed Bison to be successful, leading us to see a strong strategic fit between our companies.
Bison’s President & CEO, Rob Penner, commented regarding the transaction, “We are excited about the next step in our US growth. The investment in Pottle’s punctuates our commitment to the region, the customers and the great people we have in our business. We look forward to connecting our most recent acquisition of Hartt Transportation Inc. with Pottles as we continue to build Bison Transport USA.”
Barry Pottle, past President & CEO, of Pottle’s Transportation stated “I have respected and admired Bison for setting the bar when it comes to safety and success. I have come to know Bison well through our various industry associations and being members of the same TCA benchmarking group, which has led to us growing relationships with many of their people. I am thrilled for our Pottle’s team to join forces with the Bison team for endless opportunity and success for years to come.”
Financial details of the transaction will not be made public.
About Bison Transport
Bison Transport is a privately held, professionally managed transportation company established in 1969, owned by James Richardson & Sons, Limited and is headquartered in Winnipeg, Manitoba. Bison is a leading asset-based freight solutions provider that employs over 3,700 professional drivers and staff with a network of terminals throughout North America. With its fleet of over 2,600 tractors and 9,000 trailers, Bison delivers transportation services to its customers throughout Canada and the United States, and into Mexico.