Transplace buys Canadian truck broker

Logistics Management

Wednesday, December 05, 2012

Privately-held third party logistics provider Transplace said Thursday it has acquired Torus Freight Systems, a Canadian 3PL specializing in cross-border and intra-Canada freight management. Ontario-based Torus is the third small acquisition for Transplace in the past two years. Backed by money from its owner, private investment group CI Capital Partners, Transplace last year bought Chicago-based intermodal marketing company Celtic International and Philadelphia chemicals spec...

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