Morneau acquires General Cartage in Toronto
Toronto, September 28, 2021
It is with great excitement that Morneau Group announces the acquisition of General Cartage, a Toronto-based LTL transportation company. This transaction is effective October 1, 2021.
"General Cartage is a family owned and operated company that has been in the transportation business since 1949 and has similar values to the Morneau Group. The company focuses on the LTL market which is exactly what we do. But above all, it is a team of highly qualified professionals that we are proud to welcome to the Morneau family. All of these reasons make General Cartage a very important addition to the future, development and sustainability of the company."
Consolidation of Morneau Group's operations in Ontario
For Groupe Morneau, the acquisition of General Cartage allows it to significantly increase its presence in the Toronto and Ontario markets. Having been present in Toronto for 20 years, the Morneau Group is strengthening its position as a leader in the LTL industry in Eastern Canada.
"This addition once again expands the Group's extensive LTL network. For our customers, it represents a direct access, without intermediaries, for the transportation of their goods between Ontario and Quebec"
This will help feed the regions and increase the volume of goods to and from Canada's largest city, Toronto.
In growth mode
Groupe Morneau will have more than 120 trucks on the roads of the Greater Toronto Area, all divisions combined, which will increase our service offering and our pick-up and delivery capacity. The team will also include more than 60 employees. As a result of the transaction, Groupe Morneau now has close to 1,300 employees and close to 1,600 pieces of equipment, which reinforces and confirms its position as a major company in the trucking industry.