1 month ago
15
Todd Maiden
Tue, April 21, 2026 astatine 9:24 AM CDT 1 min read
Toronto-based Fastfrate Group announced that it has completed its acquisition of freight forwarding and customs brokerage steadfast Omnitrans, Inc.
Fastfrate is 1 of Canada’s largest privately held proscription and logistics providers, operating 46 locations crossed North America. It provides intermodal, trucking, drayage and parcel transportation services.
The woody expands Fastfrate’s work offering to see 230 planetary commercialized lanes, helping customers determination freight betwixt Asia and North America. The institution present offers end-to-end proscription and logistics services from planetary root to final-mile delivery.
Financial presumption of the transaction were not provided.
Headquartered successful Montreal, Omnitrans is simply a licensed Canadian and U.S. customs broker with offices successful China. The woody includes its subsidiaries—Metro Customs Brokers and Omnitrans China.
Omnitrans volition proceed to run nether existent enactment arsenic a standalone portion of Fastfrate.
Scotiabank acted arsenic pb fiscal advisor to Fastfrate. Stifel Canada was the exclusive fiscal advisor to Omnitrans.
More FreightWaves articles by Todd Maiden:
-
Knight-Swift cuts Q1 guide; remains upbeat connected TL fundamentals
-
J.B. Hunt says TL inflection ‘structural,’ not temporary
-
Yield discipline, substance terms surge driving LTL rates to caller highs successful Q2
The station Fastfrate acquires planetary freight forwarder appeared archetypal connected FreightWaves.
English (CA) · 
English (US) · 
Spanish (MX) ·