iHaul Freight Ltd.
iHaul Freight Ltd. has acquired H&R Transport's Over-The-Road Division
Engagement Type:
Industry:
Transportation and Warehousing
iHaul Freight Ltd. has acquired H&R Transport's Over-The-Road Division. MNP Corporate Finance Inc. was the exclusive financial advisor to iHaul Freight Ltd. in structuring and negotiating this transaction.
Transaction Brief
iHaul Freight Ltd. (iHaul) is a full-service transportation, distribution and logistics provider operating in Western Canada. iHaul's complete range of services includes refrigerated transport, full and less than truckload shipments and warehousing services.
H&R Transport provides temperature-controlled truckload transportation and logistics services in North America through its Over-The-Road (OTR) and Intermodal divisions.
The acquisition of H&R Transport's OTR Division will expand iHaul's transportation fleet and customer base, which facilitates an increased presence in the Western Canadian market and penetration into the United States.