Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
3/15/2016 9:35:00 AM Write a Letter to the Editor Write a letter to the Editor

VersaCold Logistics Agrees to Buy Coastal Pacific

Canadian firm VersaCold Logistics Services agreed to buy Coastal Pacific Xpress, a refrigerated carrier, to broaden the buyer’s service offering in the United States and Canada.

VersaCold,, based in Toronto and Canada’s largest provider of temperature-controlled services, didn’t disclose sale price or other details about the deal that is expected to be completed in the first half of the year. Coastal Pacific, based in British Columbia, will operate as a stand-alone business to provide truckload and less-than-truckload services.

VersaCold is No. 39 among the largest warehouse firms listed in the Transport Topics Top 50 list of the largest companies in North America.

"We have always held CPX in high regard for its reliable service and deep commitment to its customers," VersaCold CE) Douglas Harrison said. “This exciting acquisition is a major step.”

Coastal Pacific President Scott McIntosh said, "VersaCold and CPX service many of Canada's leading companies, and it was clear to us that, when partnered, we would only be stronger."

By Transport Topics


Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2016, Transport Topics, American Trucking Associations Inc.
Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement