Kriska Transportation Group

Trucking executives share M&A experience, pitfalls

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ORLANDO, Fla. — Trucking company owners looking to sell their business or buy a new one got an...

https://www.freightwaves.com/news/trucking-executives-share-ma-experience-pitfalls

Kriska acquires cross-border carrier Transport N Service

A tractor-trailer of Transport n Service, which was acquired by Kriska Transportation Group.

Krista Transportation Group, one of Canada’s largest trucking and logistics firms, has acquired cross-border LTL carrier Transport N Service.

The acquisition, announced Monday, adds a fleet of about 90 tractors. The price was not disclosed. 

“Transport N Service brings more than two decades of LTL operational excellence to our group,” said Kriska CEO Mark Seymour in a statement. 

Existing management will continue to run the Guelph, Ontario-based operation, which also provides full truckload...

https://www.freightwaves.com/news/kriska-acquires-cross-border-carrier-transport-n-service

Kriska CEO spies post-coronavirus growth with the intermodal acquisition

A Kriska tractor hauling an intermodal container.

Even by Canadian standards, Kriska Transportation System’s recent acquisition of Wills Transfer’s intermodal division was tiny. The Ontario cross-border carrier added just 21 power trucks to its fleet of over 800. 

But the deal, announced on May 18, provides a toehold into drayage from the Port of Montreal to eastern Ontario. 

“I’m thrilled about this acquisition,” Kriska CEO Mark Seymour told FreightWaves. “It’s a nice line of business we’re currently not in. We plan to grow it.” 

The drayage...

https://s29755.pcdn.co/news/kriska-ceo-spies-post-coronavirus-growth-with-the-intermodal-acquisition