Canadian Tire

Pop-up container yards act as a pressure valve for port congestion

Walmart has developed an empty space near the ports of Los Angeles and Long Beach into a pop-up container yard.
The aim is to store containers off dock and alleviate the pressure the ports have come under since import volumes rebounded so heavily last year.
“Check this out – this was an empty lot near the LA/LB ports just four weeks ago,” posted Walmart EVP supply chain operations Joe Metzger on social …

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https://theloadstar.com/pop-up-container-yards-act-as-a-pressure-valve-for-port-congestion/

Canadian retailer buys stake in British Columbia’s largest inland port

An aerial view of Ashcroft Terminal in British Columbia.

Canadian Tire is acquiring a 25% stake in Ashcroft Terminal, the largest inland port in British Columbia, in a deal that will allow the Canadian retailer to move containers more efficiently from the Port of Vancouver and improve access to CN and Canadian Pacific rail capacity.

Ashcroft Terminal announced the CA$40 million ($32 million) deal on Thursday. Operator PSA International will retain a 60% stake in the transloading and intermodal facility. 

Canadian Tire (TSX:CTC), Canada’s largest...

https://www.freightwaves.com/news/canadian-retailer-buys-stake-in-british-columbias-largest-inland-port