Canadian trucking company TransForce Inc said it would purchase truckload transport and logistics company Transport America for $310 million, including debt, from private equity firm Goldner Hawn Johnson & Morrison Inc. Transport America's network includes 12 terminals in the United States, TransForce said in a statement.
Transforce Inc. is engaged in transportation and logistics services. Shares of TFI traded higher by 0.77% or $0.18/share to $23.70. In the past year, the shares have traded as low as $19.41 and as high as $25.88. On average, 270983 shares of TFI.TO exchange hands on a given day and today's volume is recorded at 373736.
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