Mullen Group completed the acquisition of the remaining 60% stake in PCX.

Mullen Group, a logistics company, completed the acquisition of the remaining 60% stake in Pacific Coast Express, a cargo transportation and trucking company. Financial terms were not disclosed. "We have made a number of equity investments in well-run private companies over the years with a particular focus on strong Canadian based trucking and logistics companies. The strategic rationale of these investments is knowing that at some point in the future these well-run companies would become part of Mullen Group. I would like to take this opportunity to welcome PCX's 120 employees and contract owner operators to the Mullen Group and I know that PCX's operating performance will be strengthened by joining Mullen Group's less-than-truckload network," Murray K. Mullen, Mullen Group Chairman and Chief Executive Officer.