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ISquareI Squared portfolio companies Transportation Equipment Network (“TEN”) and TIP Canada combine operations; now the second largest full-service trailer lessor in North America

  • The transaction consolidates TEN’s North American footprint; TIP Group to focus exclusively on its core European business

Miami, 15 April 2024 - I Squared Capital, a leading independent global infrastructure investment manager, today announced a transaction to combine the North American operations of two of its portfolio companies.

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Trucking HR Canada held its annual Top Fleet Employers Awards Gala Dinner on Thursday October 11. The event brought together over 300 industry professionals to shine the spotlight on some of the best workplaces in Canada’s trucking and logistics industry. 

All 52 fleets were celebrated for their commitment to sound HR policies that meet Trucking HR Canada’s Standards of Excellence. Awards were given to celebrate the most impressive workplaces across the country, taking into consideration online applications and employee surveys which look at a variety of HR best practices.

The Top Private Fleet Award went to Trailer Wizards. ONE For Freight was the recipient of the Top Small Fleet Award. The Top Medium Fleet award went to Q-Line Trucking and rounding out the fleet awards was Bison Transport, which took home the Top Large Fleet Award. 

The Achievement of Excellence Awards are broken down into five categories to highlight leaders in specific HR areas. The recipient of the Workplace Culture Award was Canada Cartage. Ryder Canada Supply Chain Solutions took home the Award for Workplace Diversity. The recipient of HR Innovation Award was Arrow Transportation Systems. The Employee Engagement Award went to Sutco Transportation Specialists, and taking home the Award for Training and Skills Development was Caron Transportation Systems. 

The night’s most coveted award – the HR Leader of the Year Award, presented by Reimer Associates – was saved for last and was awarded to Geoff Topping of Challenger Motor Freight.

“We are honoured to highlight organizations who work year-round to provide great workplaces for all their employees,” said Angela Splinter, CEO, Trucking HR Canada. “And, with fleets under pressure to attract and recruit workers, being a Top Fleet Employer certainly helps these fleets stand out from the crowd.”

The successful event was made possible by Trucking HR Canada’s partners which include Reimer Associates, TransCore Link Logistics, Revolutions Staffing, The Guarantee, In Transit, Monster, Driver Engagement, Isaac Instruments and Newcom Media. 

Applications for the Top Fleet Employers Program were open October 15 and are open to any Canadian fleet. The program has grown significantly over the past five years, in turn raising the bar of the HR standards in the industry overall. 

If you think your fleet has what it takes to be a Top Fleet Employer, Trucking HR Canada encourages you to apply and join other fleets that shine a positive light on the trucking industry, and help showcase this industry as a great place to work.

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