Green light for Transforce’s Acquisition of Contrans
Trucking company Transforce got a green light from the Competition Bureau to complete its acquisition of its rival Contrans. Both companies provide non-specialized (dry box trailers) and specialized trucking services.
The Bureau said its primary focus was “the provision of dump trailer services on long haul (long distance) routes where the inability to arrange for backhaul (the route back to the origination point) becomes cost prohibitive.” However, the Bureau identified a number of smaller carriers that could expand, which led it to the conclusion that the merger would not lead to a substantial lessening or prevention of competition.