A Canadian freight operator grew from filling empty rail cars to a multi-service logistics group with 46 locations across North America.
Fastfrate, initially created in 1966 to utilize empty Canadian Pacific Railway boxcars, has evolved into a billion-dollar logistics network. The privately held group now spans intermodal, truckload, drayage, warehousing, e-commerce fulfillment, and international freight forwarding across Canada, the U.S., and Mexico.
The transformation began under executive chairman Ron Tepper, who acquired Fastfrate in 1994 and led strategic shifts, including a pivot from boxcars to intermodal in the late 1990s. The company expanded through acquisitions, capitalizing on demand from China’s manufacturing boom and CP Rail’s push for efficiency.
Operating 46 locations, Fastfrate serves shippers with integrated supply chain solutions, eliminating one-way move constraints that once limited its rail-based origins.