Canada’s TransForce buys US-based last-mile delivery company
The acquisition gives TransForce an owner-operator-based “white glove” delivery service that runs nearly 500 daily routes in 20 U.S. cities, from Boston to Atlanta, Detroit and Texas, according to Hazen’s website.
That network will bolster TransForce’s capabilities to handle home-delivery of heavier goods sold via e-commerce, a trend that is reshaping traditional transportation networks.
The Taylor, Michigan-based company will be folded into TransForce’s same-day logistics subsidiary Dynamex, which the Montreal-based holding company acquired in 2010.
Rick Palmer, president of Hazen Final Mile, will remain with the company, and report to Scott Leveridge, President of Dynamex U.S., according to Bloomberg Business. Financial terms of the transaction were not disclosed.
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