Hartt Transportation

Bison Transport Inc. Acquires Pottle’s Transportation

October 12, 2022 (Winnipeg, MB) Bison Transport (“Bison”) is pleased to announce that, effective October 31, 2022, Bison will acquire, through an affiliate, 100 per cent of the issued and outstanding shares of Pottle’s Transportation (“Pottle’s”).

Headquartered in Hermon, Maine, Pottle’s is a truckload carrier based in the Northeastern US with 200+ tractors and 750+ trailers and a logistics offering. Pottle’s is a 2nd generation business, founded over 60 years ago by Cliff Pottle and then owned by his son, Barry Pottle, until it was acquired by Bison. Pottle’s success has been driven by a long tenured and reputable customer base, low driver turnover, a focus on safety, a quality fleet and a strong company culture. These factors are similar to those that have allowed Bison to be successful, leading us to see a strong strategic fit between our companies.

Bison’s President & CEO, Rob Penner, commented regarding the transaction, “We are excited about the next step in our US growth. The investment in Pottle’s punctuates our commitment to the region, the customers and the great people we have in our business. We look forward to connecting our most recent acquisition of Hartt Transportation Inc. with Pottles as we continue to build Bison Transport USA.”

Barry Pottle, past President & CEO, of Pottle’s Transportation stated “I have respected and admired Bison for setting the bar when it comes to safety and success. I have come to know Bison well through our various industry associations and being members of the same TCA benchmarking group, which has led to us growing relationships with many of their people. I am thrilled for our Pottle’s team to join forces with the Bison team for endless opportunity and success for years to come.”

Financial details of the transaction will not be made public.

About Bison Transport

Bison Transport is a privately held, professionally managed transportation company established in 1969, owned by James Richardson & Sons, Limited and is headquartered in Winnipeg, Manitoba. Bison is a leading asset-based freight solutions provider that employs over 3,700 professional drivers and staff with a network of terminals throughout North America. With its fleet of over 2,100 tractors and 6,000 trailers, Bison delivers transportation services to its customers throughout Canada and the United States, and into Mexico.

Bison Transport Inc. Acquires Hartt Transportation Systems, Inc.

January 3, 2022 (Winnipeg, MB) James Richardson & Sons, Limited (JRSL) and Bison Transport (Bison) are pleased to announce that, effective December 31, 2021, Bison Transport acquired 100percent of the issued and outstanding shares of Hartt Transportation Systems, Inc. (Hartt)

Headquartered in Bangor, Maine, Hartt is one of the largest truckload carriers based in the Northeastern US with 360+ tractors and 2100+ trailers and a sizeable logistics offering. Hartt is a 2nd generation business, founded in 1948 by Delmont E. Hartt and then owned by his son, Billy Hartt, until it was acquired by Bison. Hartt’s success over the last 70+ years has been driven by a long tenured and reputable customer base, low driver turnover, a focus on safety, a quality fleet and a strong company culture. These factors are similar to those that have allowed Bison to be successful, leading us to see a strong strategic fit between our companies.

“It is a year to the day that we announced that Bison Transport was joining the JRSL family of companies. We are pleased to see Bison continue to grow its existing businesses and by making this significant US acquisition of a company that shares the same values as both Bison and JRSL.” reflected JRSL’s, Executive Chair, President & CEO, Hartley T. Richardson.

Bison’s President & CEO, Rob Penner, commented at the closing of the transaction,“These are truly exciting times for all involved. I have had the privilege of meeting and spending time with the Hartt leadership team, and collectively we feel strongly about the cultural fit. There is a great energy in this business and the people have a strong desire to continue to grow and prosper in a responsible way. We believe this acquisition to be foundational in strengthening our cross-border offerings and establishing Bison Transport USA as a Tier1 US Domestic fleet, well positioned to serve the growing needs of our customers.”

Billy Hartt, past President & CEO, of Hartt Transportation Systems, Inc. stated that, “I am excited for my employees to become part of the Bison family, as we share similar core values and cultures. I am certain that, with the merger of Hartt’s and Bison’s teams, they will produce amazing results and become an even stronger carrier for the future.”

Marc Wolding, President of Bison Transport USA noted that, “We want to extend a warm welcome to all Hartt employees. The entire Hartt Transportation team should be extremely proud of the business which has grown to become a premier carrier in the eastern US. There is a very bright future in front of us, and I am looking forward to seeing us grow together.”

Financial details of the transaction will not be made public.

About Bison Transport
Bison Transport is a privately held, professionally managed transportation company established in 1969, owned by James Richardson & Sons, Limited and is headquartered in Winnipeg, Manitoba. Bison is a leading asset-based freight solutions provider that employs over 3,700 professional drivers and staff with a network of terminals throughout North America. With its fleet of over 2,100 tractors and 6,000 trailers, Bison delivers transportation services to its customers throughout Canada and the United States, and into Mexico.

About James Richardson & Sons, Limited
Established in 1857, James Richardson & Sons, Limited is a private, family-owned and operated corporation involved in global agriculture and food processing, as well as energy exploration, transportation and marketing, freight transportation and logistics, financial services, insurance and real estate. Headquartered in Winnipeg, Manitoba, JRSL has assets and operations strategically located acrossCanada, the United States and the United Kingdom.

About Hartt Transportation Systems, Inc.
Hartt Transportation Systems has been providing professional, reliable and safe motor carrier service to Maine and the nation for over 68 years. Starting in 1948 with a single truck designed to haul gravel and pulpwood, Delmont E. Hartt and more recently his son Billy Hartt have directed the company’s growth to include 360+ tractors, 2100+ trailers and hundreds of dedicated employees. Hartt Transportation Systems has been recognized by the American Trucking Association’s Safety Management Council, the Maine Motor Transport Association and Reliance Insurance Company for its superior safety record.

Media contacts:
Rob Penner
President & CEO
Bison Transport Inc.
rpenner@bisontransport.com
Marc Wolding
President
Bison Transport, USA
mwolding@wolding.com