Consolidated Fastfrate Invests Millions in Canadian Facilities and Equipment Assets14 October 2016
Consolidated Fastfrate (Fastfrate) announced today a series of investments totaling nearly 20 million dollars. These purchases include a new 10 million dollar facility in Edmonton, a 1.5 million dollar expansion at their current Winnipeg facility and the addition of 238 intermodal chassis (5.5 million) to their container transport operations.
Ron Tepper, CEO of Fastfrate explains, “These are exciting times for our company. We believe in our future and continue to invest in our Canada-wide network of asset based LTL road and rail services. But more than that, we are putting our considerable knowledge and experience into creating ‘thinking solutions’ geared to our customers’ more sophisticated transportation and distribution requirements.”
The facility investment in Winnipeg and Edmonton follows new Fastfrate facilities in Regina and Moncton. As well, Fastfrate will soon be announcing their expansion in the U.S. through strategic partnerships with a select group of regional niche players. Mr. Tepper adds, “No privately held transportation provider has our particular combination of facilities, resources and talent. We are truly a multi-faceted transportation and distribution network, coast to coast in Canada.“
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