Pride Group Enterprises
Pride Group Enterprises, founded in 2010, operates in the Transportation/Trucking/Railroad industry with a team of 102 employees. Headquartered in Mississauga, ON, the company manages businesses with revenues over $3 billion and employs over 1500 people across 42 locations in North America.
Company Overview
Pride Group Enterprises operates in the Transportation, Trucking, and Railroad industry. Founded in 2010, the company has grown to become a medium-sized business with a team of 102 employees. Headquartered in Mississauga, Ontario, Canada, Pride Group has established a significant presence across North America, managing 42 locations. The company oversees businesses with revenues exceeding $3 billion, employing over 1,500 individuals in various sectors.
Services Offered
Pride Group Enterprises provides a diverse range of services, including trucking and logistics, capital investments, equipment leasing and rentals, and hospitality. The company also specializes in electric vehicles through Pride EV, focusing on reducing the environmental impact of transportation. Additional offerings include pre-owned trucks, financial services, and maintenance and parts through Pride Fleet Solutions, which also features a Fleet Fuel Card Program.
Subsidiaries and Operations
Pride Group operates several subsidiaries across different industries in Canada and the United States. Notable entities include Pride Group Logistics, an asset-based truckload carrier, and TPine Leasing, which specializes in equipment leasing and asset management. The company also launched Dixie Parts Centre in 2022 to address supply challenges in the truck parts sector. Pride Truck Sales serves as a retailer and wholesaler of pre-owned trucks and trailers, while TPine Truck Rental offers Class-8 trucks for various rental needs.
Recent Developments
In 2022, Pride Group launched Five Rivers Realty, focusing on commercial properties. The company made a significant investment in electric vehicles, ordering eCascadia and eM2 trucks to enhance its fleet. Additionally, Pride Group sought protection under the Companies’ Creditors Arrangement Act to reorganize its business operations. Ernst & Young Inc. was appointed as Monitor during this process, indicating the company's commitment to restructuring its financial obligations.
Environmental Initiatives
Pride EV is dedicated to reducing the environmental impact of the transportation industry by providing electric medium-to-heavy vehicles. The company has also established Pride EV charging stations, contributing to the electrification efforts across North America. These initiatives reflect Pride Group's commitment to sustainability and innovation within the transportation sector.