Canada’s XTL acquires Georgia freight brokerage CBT

Tractor-trailers of XTL at a company load facility.

Cross-border trucking and logistics firm XTL Group has acquired Georgia-based freight brokerage CBT, creating the Canadian firm’s first U.S.-based operation. 

The acquisition, announced Monday, gives Toronto-based XTL a brokerage focused on serving the food service industry, and poultry and egg processors. The deal complements XTL’s trucking and freight brokerage businesses, which serve some of the same sectors within Canada and in cross-border operations with the U.S.

“They’ve never sold...

https://www.freightwaves.com/news/canadas-xtl-acquires-georgia-freight-brokerage-cbt

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon