Canadian bulk hauler Trimac announced Friday it has acquired flatbed carrier Watt & Stewart for an undisclosed sum.
Watt & Stewart is a 38-year-old specialized carrier with a fleet of 124 tractors and 205 trailers operating out of locations in Claresholm, Alberta; Lexington, South Carolina; and San Angelo, Texas. The company primarily serves the mining, forestry and manufacturing industries.
It will continue to operate under its current banner and management team as part of the Trimac brands.
“Watt & Stewart is a remarkable company with a proud history, and we are honoured to carry forward their legacy while working together to achieve new heights …,” said Matt Faure, Trimac president and CEO in a news release. “Together, we’re better positioned to serve our customers and drive growth across North America.”
Trimac operates more than 140 locations in the U.S. and Canada.
The deal closed on Wednesday.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now