As e-commerce shopping booms, Canadians are making their way to online stores and many of them are choosing outside merchants. At least 70 percent of Canadians' purchases in 2015 were from merchants based outside the country because these online retailers often have better prices or provide goods not available in Canada.
McKesson Corp., an international healthcare services and information technology company, is strengthening its position in Canada's pharmaceutical supply chain with the acquisition of Rexall Health for US$2.2bn.
Southeastern Freight Lines, a provider of regional less-than-truckload (LTL) transportation services, is now providing door-to-door cross-border delivery between Canada and the U.S.
The total cost of ground transportation for Canadian shippers decreased by 3.4 percent in November when compared with October results, according to results published by the Canadian General Freight Index.
The TransCore Link Logistics Canadian Freight Index fell behind in November, following its traditional drop this time of year, with volumes declining eight percent compared to October. While year-over-year volumes also dropped 28 percent, this is compared to historic highs set throughout 2014.
Canada is prepared to impose retaliatory tariffs against U.S. beef imports after the World Trade Organization sided with Canada and Mexico in a trade battle over meat-labeling rules.