Private equity-backed Jardine Transport buys Canadian carrier

A tractor-trailer of Jardine Transport Group carrier R.E.M. Transport

Jardine Transport Group, a Canadian trucking company backed by private equity fund SeaFort Capital, has acquired Quality Transportation Services, a cross-border carrier based in New Brunswick.

The acquisition, announced Monday, expands Jardine’s footprint in its home province of New Brunswick and the larger Atlantic Canada region. Quality Transportation Services has a fleet of over 40 power units and provides long-haul dry van services to customers in Canada and the United States.

“The...

https://www.freightwaves.com/news/pe-backed-jardine-transport-buys-canadian-carrier

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