Vitran Agrees in Principle to Buy Western LTL Carrier
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Vitran said it expects the transaction, subject to its board and other approvals, to close early in January.
oronto-based transportation and logistics firm Vitran Corp. said Monday that agreed it had agreed in principle to acquire the assets of Sierra West Express, a regional less-than-truckload carrier based in Nevada.
It would be the company’s first operational division the western United States. In the latest 12-month period, Sierra West had revenue of $16 million, Vitran said.
Terms of the pending agreement were not disclosed.
Vitran is ranked No. 58 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
