Omnitracs LLC, a global pioneer of fleet management solutions to transportation and logistics companies, announced that it has signed an agreement to acquire from Shaw Communications Inc. the assets of Shaw Tracking, the leading fleet management solutions provider in Canada. The terms of the transaction, expected to close summer 2017, subject to regulatory approval of the transfer of operational licenses, were not disclosed.
Through the combination of Omnitracs and Shaw Tracking, Canadian fleet customers will have access to the comprehensive Omnitracs product and service portfolio. In addition, carriers will benefit from a more seamless user experience, with direct access to best-in-class technology solutions with exceptional customer service support and infrastructure that addresses current and future demands.
“We’re very pleased to bring the operations of Shaw Tracking into the Omnitracs family as we further our mission to transform transportation by providing innovative solutions to our customers,” said John Graham, Chief Executive Officer, Omnitracs. “This acquisition is another key step in expanding our global footprint in the technology transportation industry, thereby providing these critical solutions to the ever-expanding transportation industry.”
Shaw Tracking has been the exclusive Canadian distributor of Omnitracs fleet management solutions for over 25 years, helping to increase efficiency and reliability for customers. The company distributes a wide range of world-class solutions, including GPS vehicle tracking products, fleet management software and professional services for additional support. Shaw Tracking will be integrated into the Omnitracs solution portfolio, further expanding Omnitracs’ customer base and reach into Canada.
“The Canadian transportation market represents a significant and important opportunity for us,” explained Mike Ham, General Manager of Omnitracs, Canada. “Shaw Tracking is a well-respected brand among fleets throughout this country, with a rich 27-year history. As the Canadian market changes and government regulations unfold, the transportation industry will face some unique challenges requiring fleets across the country to evolve with new technologies. This acquisition puts Omnitracs at the forefront of responding to these changes within the Canadian market.”
“We deeply appreciate the service and contributions made by the people at Shaw Tracking and thank our customers for their loyalty and ongoing business. By going to a leader in the transportation and logistics industry, the operations of Shaw Tracking are well-positioned for future growth and investment,” said Jay Mehr, President, Shaw Communications. “This transaction further reflects our commitment to our strategic initiative of becoming Canada’s leading connectivity provider and our ongoing work to focus our operations around our core offerings.”
Every year, more than $650 billion in goods cross the U.S.-Canada border. With Omnitracs expanding its well-known presence into Canada, customers will benefit from direct access to Omnitracs’ products while operating cross-border trade routes, utilizing notable customer support centers in both countries.
“Through this acquisition, Omnitracs will be ready to further assist the Canadian market, and support fleet owners with the entire portfolio of platforms and applications,” Ham concluded. “Whether it’s electronic logging devices (ELDs) or other productivity solutions, the combined organization now has even more knowledge and resources to help overcome management and operational obstacles throughout an entire load life cycle.”
The actual legal entity acquiring Shaw Tracking is Turnpike Global Technologies Inc. (Ontario), a wholly-owned Canadian subsidiary of Omnitracs, LLC.
