• ITVI.USA
    12,649.840
    -133.150
    -1%
  • OTRI.USA
    27.930
    -0.300
    -1.1%
  • OTVI.USA
    12,598.890
    -131.290
    -1%
  • TLT.USA
    3.230
    -0.060
    -1.8%
  • TSTOPVRPM.ATLPHL
    2.890
    0.260
    9.9%
  • TSTOPVRPM.CHIATL
    2.930
    -0.150
    -4.9%
  • TSTOPVRPM.DALLAX
    1.280
    0.100
    8.5%
  • TSTOPVRPM.LAXDAL
    3.000
    -0.210
    -6.5%
  • TSTOPVRPM.PHLCHI
    1.750
    0.120
    7.4%
  • TSTOPVRPM.LAXSEA
    3.280
    -0.080
    -2.4%
  • WAIT.USA
    121.000
    1.000
    0.8%
  • ITVI.USA
    12,649.840
    -133.150
    -1%
  • OTRI.USA
    27.930
    -0.300
    -1.1%
  • OTVI.USA
    12,598.890
    -131.290
    -1%
  • TLT.USA
    3.230
    -0.060
    -1.8%
  • TSTOPVRPM.ATLPHL
    2.890
    0.260
    9.9%
  • TSTOPVRPM.CHIATL
    2.930
    -0.150
    -4.9%
  • TSTOPVRPM.DALLAX
    1.280
    0.100
    8.5%
  • TSTOPVRPM.LAXDAL
    3.000
    -0.210
    -6.5%
  • TSTOPVRPM.PHLCHI
    1.750
    0.120
    7.4%
  • TSTOPVRPM.LAXSEA
    3.280
    -0.080
    -2.4%
  • WAIT.USA
    121.000
    1.000
    0.8%
CanadaNews

Manitoulin buys another U.S. freight-forwarder

Canadian transportation and logistics firm acquires Miami-based Demark Global Logistics, increasing its reach on the East Coast of the United States.

Manitoulin Group, one of Canada’s largest transportation and logistics firms, has expanded its reach in the U.S. with Miami-based freight-forwarder Demark Global Logistics.

Ontario-based Manitoulin purchased Demark for an undisclosed sum through its freight-forwarding arm Manitoulin Global Forwarding (MGF). 

“Demark is a valuable addition to MGF given its strategic locations in the U.S., which enhances our ability to service all parts of the United States,” Manitoulin Group CEO Gord Smith said in a statement on October 7.

Family owned Demark offers a variety of logistics services including freight forwarding, customs brokerage and warehousing. It has a second location in New Jersey. 

“We are confident that our customers will be in excellent hands with MGF and will experience a seamless transition,”  Demark president and CEO Mirna Ramirez said in a statement. 

The Demark acquisition occurred less than a year after Manitoulin Global purchased its first U.S. firm in November 2018, Houston-based N/J International.

Manitoulin expanded its Canadian logistics business in May with the purchase of Trident Freight Logistics in British Columbia.

Based near Toronto, Manitoulin has more than 1,000 power units and operates extensively across Canada and the United States.

Tags

Nate Tabak, Border and North America Correspondent

Nate Tabak is a Toronto-based journalist who covers cross-border trucking, logistics and trade for FreightWaves. Before moving to Canada, he spent seven years reporting stories in the Balkans and Eastern Europe as a reporter, producer and editor based in Kosovo. He previously worked at newspapers in the San Francisco Bay Area, including the San Jose Mercury News. He graduated from UC Berkeley, where he studied the history of American policing. Contact Nate at ntabak@freightwaves.com.
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