M-O ANNOUNCES ANOTHER SIGNIFICANT CAPITAL INVESTMENT IN EQUIPMENT

August 31st, 2018.

BRAMPTON, ONTARIO

 

Maritime-Ontario Freight Lines Limited (M-O), committed to providing “Best in Class” transportation solutions, is pleased to announce the purchase of one hundred and fifty (150) – 53 foot DRY domestic intermodal containers, and seventy (70) intermodal container chassis. This current capital investment reflects an expenditure of $4.1 Million dollars, and follows our November 2017 release, wherein we announced an expenditure of $18 Million dollars, for both intermodal containers and highway trailers.

The current order of intermodal containers will be provided by CIMC located in Qingdao, China and will arrive via the Port of Vancouver prior to the end of August 2018, and deployed into full service prior to the end of September 2018. The container chassis are being manufactured by Max-Atlas Equipment Inc., located in Saint-Jean-sur Richelieu, QC, and will be in service during the month of October 2018.

For more than 50 years Maritime-Ontario Freight Lines has been a leader in the transportation industry, specifically in the LTL and TL sectors, with a reputation for service excellence and innovation.

For further information, please contact Steve Snow, Vice-President, Sales & Marketing. By e-mail ssnow@m-o.com and or by phone (905) 792-6154.

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