Walmart Canada has entered into an agreement to sell its fleet operations to Canada Cartage, a move that aligns with the company’s strategic focus on expanding its retail presence and enhancing its supply chain across Canada. Both companies announced the deal, which is expected to close in the coming weeks.
Canada Cartage, a long-established provider of fleet services, will take over the fleet unit, which is responsible for transporting deliveries from distribution centers to over 400 Walmart stores nationwide. As part of the agreement, Walmart’s fleet employees will be offered positions with Canada Cartage, maintaining their current wages and benefits.
Canada Cartage, which has been operating for 110 years, is well-known for providing fleet services to Canadian retailers, grocers, and manufacturers. The company aims to enhance its fleet outsourcing capabilities and foster growth within the Canadian market through this acquisition.
The sale follows Walmart’s recent move to divest its intermodal assets to J.B. Hunt Transport Services in February 2024, a deal that was designed to boost volume and capacity for both companies.
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