News Release - July 12, 2011
SASKATCHEWAN-BASED TRUCKING COMPANY LATEST TENANT AT GLOBAL TRANSPORTATION HUB
Yanke Group of Companies President and CEO Russell Marcoux was joined today by Global Transportation Hub (GTH) Board Chair Wayne Elhard and Saskatchewan Minister responsible for the GTH Jim Reiter, to officially announce the beginning of the company's new three-stage development in the City of Regina.
Yanke and their affiliate organization, AFI Distribution Group's 40-acre project will be the next major transportation and logistics centre at the Global Transportation Hub. Yanke's total investment in the GTH is valued at up to $20 million and their presence will bring between 400 to 500 truck loads per week at the GTH and 40 new jobs to the city.
"Our concept plan for this site involves expansion, the development of new service offerings and greater efficiencies for each of our operating entities," Marcoux said. "The potential and the infrastructure are a great fit for our operations as the major anchor tenants of the GTH have long-standing relationships with Yanke."
"The addition of the Yanke Group of Companies to the GTH is another major step forward for what is clearly one of the most important economic development initiatives in Saskatchewan," Elhard said. "The Global Transportation Hub has the opportunity to be a recognized, world class template for cooperation, participation and efficient operation of multiple transportation modes and we are pleased to welcome Yanke as a partner."
Yanke joins Canadian Pacific and Canadian Logistics Services, which serves the Loblaw Group of Companies, in locating to the GTH which is made up of about 2,000 acres of serviced land.
Yanke is an innovative and entrepreneurial transportation business that provides unique and diverse solutions to meet the challenges of a global market place and is an all-encompassing source for transportation needs. Yanke currently employs about 600 people and has a fleet size of 350 tractors, 1,000 trailers and 75 owner-operators.
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