Fastfrate Group, which began in 1966 as a specialized operation to address Canadian Pacific Railway's challenge of empty westbound boxcars, has expanded significantly over six decades. Initially, its sole purpose was to consolidate less-than-truckload (LTL) shipments in Eastern Canada for transport to the West, ensuring efficient use of rail assets. This focused service has since grown into a diverse, billion-dollar logistics enterprise.
For freight forwarders and operations managers, this evolution signifies the increasing consolidation and diversification within the Canadian logistics landscape. Fastfrate's journey from a rail-dependent LTL provider to a multi-modal network suggests enhanced capabilities for handling various shipment types and potentially more integrated service offerings across Canada. This expansion could offer forwarders more options for domestic distribution, particularly for LTL and intermodal solutions, potentially impacting routing choices and service reliability for cross-Canada movements.
