Nippon Express $1.6B Canada deal leads logistics investment wave

From billion-dollar acquisitions to EV fleet deployments and organisation web expansions, Canada is seeing a surge of logistics concern tied to its relation successful North American proviso chains and cross-border trade.

Japan-based Nippon Express Holdings is moving to importantly standard its North American logistics beingness done the planned acquisition of Canada’s Metro Supply Chain Group, according to a quality release.

The deal, valued astatine up to $1.6 billion, would springiness Nippon Express a stronger foothold crossed Canada, the U.S. and the U.K., portion expanding its declaration logistics capabilities.

Metro Supply Chain Group is simply a third-party logistics supplier offering end-to-end solutions for brands in Canada, the U.S. and the U.K. Metro Supply Chain services a wide scope of industries, including user goods, automotive, manufacturing and healthcare.

Nippon officials said the acquisition aligns with its semipermanent strategy to physique a planetary logistics platform, with Canada serving arsenic a cardinal gateway marketplace for cross-border freight flows and lawsuit expansion.

The transaction is expected to adjacent by December.

Tokyo-based Nippon Express is simply a planetary logistics services institution with 739 worldwide locations and much than 33,000 employees.

Coca-Cola Canada Bottling is expanding its electrical trucking fleet, adding 7 Volvo VNR Electric trucks successful Quebec and British Columbia.

The additions bring the company’s nationalist electrical fleet to astir 40 vehicles, supporting determination transportation routes wherever predictable operations align with EV capabilities, according to a quality release.

The trucks tin question up to 273-miles per complaint and are being deployed on high-frequency organisation routes, supported by caller charging infrastructure successful some provinces.

The Volvo VNR Electric motortruck is simply a Class 8 electrical vehicle, typically priced astir $400,000–$420,000+ each.

Toyota Canada plans to put much than $300 cardinal to physique 3 caller facilities, including 2 Western Canada parts organisation centers and a caller caput bureau successful Ontario.

The caller organisation facilities see the 210,000 operating quadrate feet British Columbia Parts Distribution Centre successful Richmond, British Columbia, and the 220,000 Alberta Parts Distribution Centre successful Calgary, Alberta.

The organisation centers are designed to amended work levels for dealerships crossed Western Canada and heighten entree to large proscription corridors.