Gore Bay business Manitoulin Transport has acquired the portion of Penner International based in Manitoba, which offers less-than-truckload (LTL) transport services across North AmericaThe company made the announcement on April 19, noting that Penner has decided to focus on its truckload business. An agreement with Manitoulin Transport has been struck to purchase its LTL book of business.
In Canada, Penner terminals are located in Toronto, Winnipeg, Edmonton, Calgary, and Surrey, while terminals in the U.S. Are located in Minneapolis and Fargo. The primary consolidation points are Winnipeg and Minneapolis.
The acquisition of Penner will allow Manitoulin to provide direct service coverage between Minneapolis and Winnipeg, improving service times to all of Western Canada.
The announcement comes on the heels of Manitoulin's purchase of Exalta Transport Corp. of Medicine Hat, AB, in March, through which it acquired 300 pieces of equipment and seven terminals located through southern Alberta and Saskatchewan.
At the time, Gord Smith, president of Manitoulin Group of Companies, said that the acquisition would allow Manitoulin to “continue to expand our western reach and press forward with our goal of complete transportation coverage throughout the country.”
“Our expansion into Saskatchewan and southern Alberta will provide direct service coverage and a uniform level of service across the Manitoulin network,” he said.
Exalta provides scheduled general freight service between terminals in Regina and Saskatoon, and among terminals in Brooks, Clagary, Edmonton, Lethbridge, Medicine Hat, and other locations throughout Alberta.
It also provides a through service between points in Alberta and Saskatchewan, and a truckload division between points in British Columbia, Alberta, Saskatchewan, and Manitoba.
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