Fleet, freight contract from ‘Ice Road Truckers’ carrier for sale
Story by: Nate Tabak, Canada Correspondent @ FreightWaves.com
Prospective buyers can bid on defunct Canadian firm’s trucks, trailers and a contract to haul cement to a diamond mine.
Anyone who has ever considered getting into the ice road trucking business now has a chance. The fleet of defunct Canadian carrier Tli Cho Landtran Transport and affiliates, and a freight contract are for sale.
The court-approved sale includes about 230 pieces of transportation equipment, primarily trucks and trailers, and a contract to haul cement for a diamond mine in the Northwest Territories.
The ongoing contract with Diavik Diamond Mines runs until Sept. 1, 2024. The public information included with the sale doesn’t disclose any financial details of the contract.
Tli Cho and its affiliates filed for insolvency protection in December following years of losses and mounting debt. The indigenous-owned carrier had been featured on the TV series “Ice Road Truckers.”
The deadline for bids is Feb. 7.
Prospective buyers of Tli Cho’s fleet and freight contract might want to consider the company’s demise.
The carrier struggled to make its key contracts profitable despite its expertise in hauling freight on the ice roads.
Read the full story and more HERE @ freightwaves.com
Read the related story HERE @ itrucker.com Debt losses sink Canadian carrier featured on “Ice Road Truckers“
Source and credits: freightwaves.com /Nate Tabak / iTrucker / Mario Pawlowski