Kaide X Transportation sold to Power Link Expedite

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Energy Hyperlink Expedite – a same-day courier and expedited firm primarily based in Milton, Ont. – has acquired Burlington-based Kaide X Transportation Providers, which gives truckload, LTL and warehousing companies.

By way of the deal, Energy Hyperlink picks up freight brokerage companies, cross-border asset-based transportation, and warehousing house for cross-docking.

Phrases of the settlement weren’t disclosed, however management groups with each firms will work collectively over the following 12 months to make sure a clean transition.

Kaide X Transportation Providers was based in 1999.

Left Lane Associates represented Energy Hyperlink Expedite within the transaction.

Craig Millar bought Energy Hyperlink Expedite on the onset of the Covid-19 pandemic in 2020, after experiencing success with a freight forwarder, and since then the staff has doubled its income.

Power Link Expedite
(Illustration: Left Lane Associates)

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