Wheels Group Buys Broker BBL Worldwide

Canadian logistics company Wheels Group Inc. said it has acquired BBL Worldwide, another Canadian company that specializes in cross-border truck brokerage.

BBL, based in Etobicoke, Ontario, has annual revenues of about C$4 million, and will give Wheels additional capacity for cross-border freight movement with the United States, Wheels said Sept. 18.

“This tuck-in acquisition is consistent with our strategy of acquiring small- to medium-sized highway brokerages that can be quickly integrated into Wheels’ existing operations while expanding our customer base and sales capabilities,” Wheels CEO Doug Tozer said in a statement.