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Done deals: July 6, 2023

Done deals: July 6, 2023

Canadian Pacific Kansas City & Americold Realty Trust

Canadian Pacific Kansas City (CPKC) and Americold Realty Trust, Inc. are partnering to co-locate Americold warehouse facilities on the CPKC network. The two companies say they plan to build the first facility in Kansas City, Missouri. The plan is designed to handle food products coming from Mexico, CPKC president and CEO Keith Creel said. The railway’s MMX temperature controlled service will move fresh and frozen produce, baked goods, candy and other food products northbound and beef, chicken and pork to southern markets. CPKC and Americold are working to streamline border crossing procedures.

St. Lawrence Seaway Management Corporation & Unifor

The St. Lawrence Seaway Management Corporation (SLSMC) has reached a tentative agreement with Unifor locals 4211 and 4319 representing the Supervisory Group, as of June 30th, 2023. The agreement is for a four-year period, starting April 1, 2023. A ratification vote will take place in the next few weeks.

Cando Rail & Terminals

Cando Rail & Terminals has completed the expansion of its Cando Sarnia Terminal. Cando purchased the existing rail terminal in the spring of 2021. The recently completed expansion increases railcar capacity from 85 spots to approximately 550 spots. The terminal is located on approximately 90 acres in the Sarnia Chemical Valley region and is directly serviced by CN off the CN St. Clair industrial spur. The multi-purpose terminal offers services seven days a week for railcar staging for short or long-term, loaded or empty railcars, as well as transloading products to or from railcars. The terminal also has a two-track railcar repair shop and two-track railcar wash facility.

 GLS Canada & Altimax Courier

GLS Canada has acquired Altimax Courier (2006) Limited. Based in Moncton, New Brunswick, Altimax provides air and ground transportation in Atlantic Canada. This transaction follows the 2018 acquisition of the Dicom Transportation Group, as well as the 2021 acquisition of the Rosenau Transportation Group. GLS now has more than 64 terminals from coast-to-coast.

 

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