Nippon Express Acquires Canadian Logistics Firm in $1.6 Billion Deal
Nippon Express Holdings is acquiring Canada's Metro Supply Chain Group for up to $1.6 billion to expand its North American logistics footprint. The deal is expected to close by December and is part of a broader trend of logistics investment in Canada. Coca-Cola Canada is also expanding its electric truck fleet.
Topics: acquisition cross-border trade electric fleet logistics investment supply chain expansion