• ITVI.USA
    15,496.720
    85.590
    0.6%
  • OTLT.USA
    2.743
    0.003
    0.1%
  • OTRI.USA
    21.110
    0.000
    0%
  • OTVI.USA
    15,466.390
    90.520
    0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,496.720
    85.590
    0.6%
  • OTLT.USA
    2.743
    0.003
    0.1%
  • OTRI.USA
    21.110
    0.000
    0%
  • OTVI.USA
    15,466.390
    90.520
    0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
CanadaNewsTrucking

Mullen Group buys Manitoba carrier as acquisition run continues

Canadian trucking and logistics giant picks up Harris Transport, the latest in a string of deals

Canadian trucking and logistics firm Mullen Group (TSX:MTL) has added another acquisition to its belt, buying Manitoba carrier and brokerage R.S. Harris Transport, an open-deck transport specialist.

Mullen announced the deal on Friday. Winnipeg-based Harris Transport adds 50 trucks and annual revenue of about CA$25 million ($20 million) to one of Mullen’s best-performing units, Gardewine Group.

“This strategic acquisition allows the Gardewine Group to complement multiple offerings within our group, including multimodal transload,” Darin Downey, Gardewine president and chief operating officer, said in a statement. 

Harris marks the latest in a string of acquisitions for Mullen Group, the second largest of Canada’s three publicly traded trucking companies after TFI International. Just Wednesday, Mullen announced the purchase of Chicago-area 3PL QuadExpress, its first U.S. operation. 

Mullen also recently closed two other acquisitions: LTL carrier APPS Transport and container trucking company Tri Point, both based in the Toronto area.

The string of deals marks a reversal of course for the company. Since the start of the pandemic in 2020, Mullen had avoided making any significant acquisitions.

Read more

Click for more FreightWaves articles by Nate Tabak

Nate Tabak, Border and North America Correspondent

Nate Tabak is a Toronto-based journalist and producer who covers cybersecurity and cross-border trucking and logistics for FreightWaves. 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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