Consolidated Fastfrate will expand operations in western Canada, spending $10 million to purchase a facility in Edmonton, Alberta, $1.5 million to expand a building in Winnipeg, Manitoba, and $5.5 million to add more than 238 intermodal chassis.
The carrier recently opened facilities in Regina, Saskatchewan, and Moncton, New Brunswick.
“We believe in our future and continue to invest in our Canada-wide network of asset based LTL road and rail services, " Fastfrate CEO Ron Tepper said. "But more than that, we are putting our considerable knowledge and experience into creating ‘thinking solutions’ geared to our customers’ more sophisticated transportation and distribution requirements.”
He added that Fastfrate soon will announce an expansion into the United States through partnerships with cross-border service providers.
Fastfrate Group, which owns Consolidated Fastfrate, Canada Drayage and Bruce R. Smith Limited, ranks No. 100 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.