iHaul Freight Ltd.

iHaul Freight Ltd has acquired the Over-The-Road division of H and R Transport

iHaul Freight Ltd. has acquired H&R Transport's Over-The-Road Division.

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.