HomeCanadaGTI Transport Solution Acquires Precision Specialized Division

GTI Transport Solution Acquires Precision Specialized Division


gtiGTI Transport Solution Inc., a Canadian provider of open-deck, specialized and over-dimensional freight services, is acquiring Precision Specialized Division Inc. (PSD), a division of Precision Truck Lines, Inc.

The acquisition – whose amount was not disclosed – represents a continuation of GTI’s strategic plan to expand its current capabilities and geographic reach.

Located in Woodbridge, Ontario, PSD is a leader of open-deck and heavy haul transportation in the province. All employee positions at the division, including management roles, will be maintained.
GTI plans to invest in the company’s growing operations by expanding into new markets. This will begin with all operations moving to Brantford, Ontario and a unified name change to Precision Specialized Inc (“PSI”).
Ed Bernard, former VP of Precision Specialized Division Inc., will continue in his current role and more, now serving as President of Precision Specialized Inc.

A Novacap-backed company, GTI Transport Solutions specializes in open-deck, heavy haul and over dimensional transportation services while also offering specialty storage, logistics and freight forwarding services. The company has equipped transportation terminals in Quebec and Ontario and 300,000 sq.ft. of specialized warehousing.