Walmart Canada has agreed to sell its fleet business to Canada Cartage as part of its strategy to enhance store expansion and supply chain efficiency. The sale is anticipated to close soon, with all Walmart fleet employees being offered positions with Canada Cartage at their current pay and benefits. Canada Cartage, a long-established provider of fleet services, aims to bolster its outsourcing capabilities and growth through this acquisition. This decision follows Walmart’s recent sale of its intermodal assets to J.B. Hunt Transport Services.
Source: https://www.supplychaindive.com/news/walmart-sells-fleet-business-canada-cartage/739170/