Tuesday, March 17, 2009

Calyx Transportation Group Expands Operations Through Acquisitions

TORONTO – March -- 17, 2009 – Calyx Transportation Group Inc., a leading provider of transportation and logistics services, today announced it has acquired Totalline Transport, Kreative Carriers Transportation & Logistics Services Inc. and Bransam Logistics Services Inc. These three acquisitions augment the services currently provided by companies within the Calyx Group, and reinforce the company’s growth strategy to become one of North America’s leading providers of transportation and logistics services. Totalline, Kreative and Bransam will become separate operating subsidiaries of the Calyx Group. Financial details of the acquisitions were not disclosed.

Calyx customers will benefit from Totalline’s Premier Express service, an expedited carrier service that offers the industry’s only unconditional, on-time guarantee. The acquisitions also enhance Calyx’s service offering to, from and intra Maritimes; while expanding its existing third party logistics (3PL) capabilities nationally with more than one million square feet of warehouse space across Canada. Calyx also extends its freight brokerage capabilities across Canada.

“These acquisitions represent a tremendous opportunity for both the Calyx Group and our customers as it increases the scale of our operations and enhances the service offerings we currently provide,” said Robert J. Donaghey, CEO, Calyx Transportation Group Inc. “The trio of companies we are acquiring have an impressive track record of growth, consistent with other companies within the Calyx Group.”

“This is an exciting time for our company as we embark on a new journey. Joining the Calyx Transportation Group provides us with an opportunity to excel in a highly competitive marketplace,” said Uwe Petroschke, President and CEO of Totalline Transport. “Our focus is on strengthening our partnerships with our customers and aligning our resources with the Calyx team to deliver unparalleled services in our industry.”

Uwe Petroschke will continue in his role as President of the Totalline organization; and Rodi Saarloos, as President, will maintain overall responsibility for Kreative and Bransam.

With the acquisition of Kreative and Bransam, the Calyx Group strengthens its presence in Atlantic Canada as both companies have developed strong reputations on the Atlantic seaboard, and provide transportation services across Canada and the United States. In addition, Bransam maintains one of the only bonded warehouses located in Atlantic Canada.

Totalline
Totalline Transport is an award-winning provider of forward-thinking transportation and warehousing solutions, specializing in products that are high value, time-sensitive and require unique delivery solutions. Totalline’s expedited service, Premier Express, guarantees the only unconditional, on-time delivery in the business. Also achieving an unparalleled loss and damage ratio in the industry, Totalline has earned the reputation of being a high quality carrier across Canada.

Bransam
Founded in 1998, Bransam Logistics Services Inc. is a Halifax-based transportation company that offers Truck Load, Less Than Load and Freight Broker services within Canada and to/from the United States. With an established foundation in the Maritimes – including terminal locations in Moncton, New Brunswick and Halifax, Nova Scotia – Bransam delivers on a reputation of knowledge, service and quality.

Kreative Carriers

Based in Halifax, Nova Scotia, Kreative Carriers Transportation & Logistics Services Inc. is a Truck Load carrier servicing all of North America. Established in 2003, Kreative has earned its reputation delivering time sensitive, secure freight services to its long-standing customer base.

The Calyx Group
Calyx Transportation Group Inc. is a provider of third party logistics and transportation services to the North American market. Comprised of several operating entities, companies within the Calyx Group cover a wide range of services including domestic intermodal freight forwarding; North American freight brokerage; international air and ocean freight forwarding; dedicated and closed loop transportation; specialized less-than-load (LTL) transportation, truckload transportation (TL) and third party logistics services. Members of the Calyx Group include: National Fast Freight; Indis; Euroworld; Muir’s Cartage; Nesel Fast Freight; Hyphen; Totalline; Kreative and Bransam. Calyx has approximately 1,800 employees and operates a network across Canada, the U.S.A. and Mexico. Learn more about the Calyx Group of Companies at www.calyxinc.com.