Pride Group acquires Oakville-based Carrier LoadEX Inc

Pride Group Logistics is proud to announce that they have acquired Oakville, ON-based truckload Carrier,  LoadEX Inc., in an effort to continue expanding their reach and assets to best serve their existing and new clientele. LoadEX is a cross-border carrier to the mid-west and eastern parts of the US as well as Mexico and Canada specializing in Reefers and dry vans. LoadEX’s existing management will stay on board and continue in the same capacity.

This acquisition will include an additional 105 truck and trailer assets. This is a welcome expansion in terms of PGL’s capacity, particularly during the current asset supply crunch.

“In 2014, Loadex was just a dream between friends with years of trucking experience. With one truck, and lots of determination we turned this dream into a strong fleet; a company that currently is one hundred people strong. One hundred people who have safety, commitment, and customer satisfaction as their main objectives.

The acquisition of our company by Pride Group will significantly enhance our opportunities to serve our customers, it will further allow Loadex to grow and expand our business for the better of our drivers, customers, staff, and our acquirer. We are happy to be joining one of the leaders of the trucking industry and are excited for the times ahead.” -Daniel, LoadEX

Within the first quarter of 2022, PGL completed two sizeable acquisitions and grew its fleet and business by nearly 60%. PGL’s transportation divisions now equates to a combined total of over 1000 Trucks & 3500 Reefers/ trailers in our logistics division.

PGL was recently recognized as #24 on Truck News Canada’s biggest truck fleets: The Top 100 List (See here for further details https://lnkd.in/dftyM4cj). Now with these two new acquisitions, they are well-positioned within the top 10 major Canadian carriers.

PGL has gained a huge capacity in this crucial supply-chain challenge, allowing them to continue providing the high quality of service that Pride is well known for. For those looking for assets-based freight carrier services with capacity please call Pride today.

As PGL moves forward into the following quarters this year they plan to continue expanding into  Irving, TX; Los Angeles, CA; Jacksonville, FL; Fort Lauderdale, FL; Cincinnati, OH; and many more. and growing their existing offices in Chicago, Nashville, Atlanta, Montréal, Brantford, Mississauga, and Fort Erie ON.

Javed Nadeem
Javed Nadeem
VP of EV Infrastructure E-mail : Jnadeem@prideev.com

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Frederick Gareri

DIRECTOR OF LEGAL OPERATIONS

Frederick Gareri leads the legal team at Pride Group Enterprises, managing a range of corporate legal and operational duties with precision. He provides vital legal support to the company’s growing ventures and ensures smooth day-to-day operations.

Beyond his legal role, Frederick enjoys an active lifestyle, he can be found playing with his three puppies, honing his golf skills, or exploring the oceans on his periodic scuba diving trips. He also enjoys a well-brewed espresso and occasionally indulges in a fine single-malt scotch.

Frederick adeptly handles corporate law while guiding Pride Group Enterprises through the nuances of the world of corporate legal.

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Raj Johal

VP of operations

  • Following in the footsteps of his Father, Uncle and brother, Raj has taken on a senior role in Pride Group Enterprises, managing the day-to-day operations.
  • As the company continues to experience double-digit growth year after year, it is with Raj’s undivided focus and tutelage that our customer experience remains in the top quartile across a very competitive industry.
  • “At the end of the day, it’s all about our customers”, says Raj. “Without them we are nothing!”
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Aman Johal

Vice President, Logistics and USA Operations

  • Aman is a graduate of McMaster University Bachelor of Commerce and has actively been involved in the management of PGE from its inception.
  • Aman leads his team with compassion and integrity, ensuring PGE achieves a high level of customer satisfaction.
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Kav Hamzavi

Chief Financial Officer

• Kav Manages and oversees complex accounting, taxation, corporate finance and financial reporting matters for Pride Group Enterprises, where he is in charge of all strategic and future-oriented decision-making as it relates to financial reporting, corporate finance, tax planning including cross-border tax planning and compliance.

• Kav provides leadership to the Financial Reporting section of the organization, including guidance to staff on accounting principles and practices and reporting processes to guide the growth of PGE.

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Jas Johal

Co-founder of Pride Group

  • Jas dedicates his time to the management and operations of the entire company, with a heavy focus on the truck sales and leasing portion of the business.
  • Jas provides expert service to top clients and guidance to our sales and finance staff to ensure every individual is treated with the utmost respect.
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Sam Johal

President and CEO

Born in a modest Punjab village, Sam Johal learned the value of hard work from an early age while assisting his family on their dairy and agriculture farm. Despite challenges, he pursued economics studies in India before immigrating to Canada in 1993, where he faced economic hardships but persevered through physically demanding jobs.

Recognizing opportunities in the business world, Sam, along with his brothers Mark, and Jas invested in an underperforming hotel opportunity, transforming it into a profitable venture. Despite setbacks, Sam and Jas established Pride Truck Sales, which grew into North America’s largest seller of used commercial transport equipment, while Mark stayed in the hospitality game.

Sam and Jas have since grown Pride Group Enterprises to encompass a vast many industries, from truck repair, leasing and parts to logistics, Real Estate developments, factoring and so much more, the duo has created a one-stop solution for everyone within the trucking world.

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