logo
Amid Industry Pullback, Radius Logistics Bets on the Canadian Economy with 75,000 sq ft Expansion

Amid Industry Pullback, Radius Logistics Bets on the Canadian Economy with 75,000 sq ft Expansion

Cision Canada2 days ago
MISSISSAUGA, ON, July 3, 2025 /CNW/ - Radius Logistics, a leading Canadian third-party logistics (3PL) provider, is proud to announce the opening of its new 75,000 square-foot warehousing and distribution facility in Mississauga, Ontario. Strategically located near Toronto Pearson International Airport and key transportation corridors, the site significantly strengthens Radius' national logistics network.
This expansion more than doubles Radius' warehousing footprint, with integrated facilities now in both Mississauga, ON and Surrey, BC, enabling coast-to-coast service across Canada.
"We see this facility as a turning point—not only for our company but for the businesses that trust us to deliver," said Kristy Doyle, President of Radius Logistics.
"Amid economic uncertainty, Radius is investing in real capacity and long-term infrastructure. We're building a national platform designed to help Canadian and cross-border businesses move forward with certainty."
Built for Resilient Supply Chains
As the logistics industry contends with global tariffs and shifting trade routes, Radius is doubling down on Canadian infrastructure—offering flexible warehousing and transportation solutions for e-commerce brands, B2B distributors, and U.S. companies entering the Canadian market.
Facility Highlights
75,000 sq ft of racked and bulk storage
Advanced inventory and order management systems
Seamless integration with Radius' national transportation network
Close access to major air, rail, and cross-border hubs
Supporting E-Commerce, B2B, and Cross-Border Brands
Radius' expanded footprint enables it to better serve e-commerce brands, B2B distributors, and U.S. companies entering the Canadian market. With warehouse capacity in both Eastern and Western Canada, the company provides national fulfillment, intermodal transportation, and value-added services designed for scalability and speed.
"This expansion represents more than just square footage," said Paul Chess, Vice President of Supply Chain Solutions at Radius Logistics. "It's a strategic move to lead the market. We're growing alongside our clients and building infrastructure that reflects the future of supply chain management in Canada."
The Mississauga warehouse will be fully operational in July 2025, offering high-performance warehousing, fulfillment, and distribution services for new and existing clients.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Carney should suspend federal loan to BC Ferries for purchase of Chinese ships
Carney should suspend federal loan to BC Ferries for purchase of Chinese ships

Toronto Star

timean hour ago

  • Toronto Star

Carney should suspend federal loan to BC Ferries for purchase of Chinese ships

Say this for the outrage of BC Ferries preparing to spend an estimated $1 billion to buy four ferries from China, a country doing great injury to Prairie farmers and to fishers in Atlantic Canada and B.C. by imposing tariffs on roughly $4 billion of imported Canadian canola, seafood and pork. It gives the Carney government a bargaining chip to help negotiate an end to our trade dispute with China by suspending the ferry deal at least for now. Opinion articles are based on the author's interpretations and judgments of facts, data and events. More details

Alberta and Carney: conflict and collision — Can Alberta survive Carney's net-zero agenda?
Alberta and Carney: conflict and collision — Can Alberta survive Carney's net-zero agenda?

Calgary Herald

time2 hours ago

  • Calgary Herald

Alberta and Carney: conflict and collision — Can Alberta survive Carney's net-zero agenda?

It should be evident to Albertans that the province is on a collision course with the federal Liberal government, driven by a fundamental disagreement: will Alberta and Western Canada be allowed to fully develop its hydrocarbon endowment, or will that economic value be lost in pursuit of the climate policy known as 'net zero'? Article content This collision is inevitable and imminent. Net zero is difficult to reconcile with growing, or even sustaining, existing hydrocarbon production in Canada. Article content Article content Article content In April, Prime Minister Mark Carney won a near majority government based on his perceived superior credibility in confronting the tariff threats from the Trump administration. The win was narrow in the popular vote nationally but not in Alberta, where Carney's party gained only 28 per cent of the vote. The outcome was defined by tariffs and not a direct endorsement of net zero imperative for Canada. Article content Article content Canada has endured a decade of economic stagnation, much of it attributable to the obstruction of hydrocarbon production and related infrastructure by the various elements of the Canadian left. Yet, net zero remains a policy goal of the Carney government. Article content It's unreasonable for any Canadian prime minister to speak about becoming an 'energy superpower' while placing self-destructive limits on the development of Canada's hydrocarbon endowment. Article content Meanwhile, hydrocarbon demand globally is not declining, nor is it expected to in the foreseeable future. Any global market share for hydrocarbons that Canada relinquishes in its pursuit of net zero will be captured by other nations, creating no real net decrease in global emissions. Article content Carney wasn't elected to explicitly deconstruct the hydrocarbon industry — and with it, much of Alberta's economy. Yet, that would be the consequence if his government materially advances its net zero agenda. Article content If this is not Carney's intention, he should clarify his position to be consistent with the following: Article content • No federal emission caps will apply to hydrocarbon production through at least 2050. Article content • The Impact Assessment Act (Bill C-69), will be repealed and replaced with an expedited review process that ensures irrevocable political sanction for major projects within one year of regulatory application, free of climate tests and explicit statutory guidance on stakeholder consultation and accommodation.

Christopher Liew: How do I fix a bad credit score?
Christopher Liew: How do I fix a bad credit score?

CTV News

time2 hours ago

  • CTV News

Christopher Liew: How do I fix a bad credit score?

Christopher Liew is a CFP®, CFA Charterholder and former financial advisor. He writes personal finance tips for thousands of daily Canadian readers at Blueprint Financial. Mistakes happen. Perhaps you've missed a few payments, maxed out a credit card, or have an account that's been sent to collections. Unfortunately, these seemingly small mistakes can be the difference between a great and a problematic credit score. The good news is that your credit score doesn't have to stay stuck. Below, I'll share some simple tips to help you fix your past mistakes, get negative items removed from your credit report, and rebuild a fresh, more positive credit profile. The effect of credit mistakes on your score Marriage and relationship counsellors often quote the 'magic' 5:1 ratio - the idea that for a relationship to be successful, each negative interaction should be balanced by at least five positive interactions. While it's not an exact ratio, the same principle largely applies to your credit profile. You can do everything right (pay your bills on time, keep your credit utilization rate low, etc.), and your score will slowly increase over time. However, the one mistake you make (a 30-day late payment, maxing out your credit card) can cause a drastic overnight drop in your score. Negative marks on your TransUnion or Equifax credit report will typically remain for six to seven years, acting like anchors that hold your score back, even if you've done everything right since your mistake. While negative marks can often be corrected or deleted, this process can often take months or years, making it imperative to avoid them as much as possible. How do I increase my credit score? You'll find no shortage of credit myths on social media designed to give you false hope or fill you with fear. That said, here are the most practical, time-tested ways to help you fix your credit. 1. Check credit report for mistakes Your credit report often isn't as infallible as you may believe. This is why it's important to check your credit reports from both Equifax and TransUnion periodically. Sometimes, lenders or creditors you work with can make mistakes resulting in misreported negative marks on your report, bringing down your score. For example, I've had friends who've made all of their payments early or on time, only to find out later that the lender misreported a late payment due to an administrative error. By law, Equifax and TransUnion are required to provide Canadians with free credit reports (updated monthly) upon request. If you want even quicker updates, both credit bureaus also offer paid credit monitoring services that will update you in real time as your credit report changes. If you find any mistakes on your credit profile, you should contact both the lender and the credit bureaus to clear the issue up and get the negative mark changed on your credit report. 2. Pay down credit card balances Even if you have no missed payments and make all of your monthly payments on time, a high credit card utilization rate can bring your score down, as it shows irresponsible use of credit. Ideally, you should try to keep your revolving credit utilization rate under 30 per cent. For example, if you have a $10,000 credit card, you should avoid carrying a balance of over $3,000 into the next billing cycle. If you have cards with a balance of more than 50 or 60 per cent of their spending power, paying these balances down can be a quick way to get your score back on track. 3. Avoid new credit inquiries New credit inquiries, especially when applied for frequently in a short period of time, can deal a sharp blow to your credit. This is why realtors caution new home buyers to avoid applying for any loans or credit cards until they've closed on their house. Whenever you apply for a new credit card, a loan, or a rental unit, you'll receive an inquiry mark on your credit report that will remain on your report for two years. Ideally, you should try to keep your inquiries to fewer than two or three in a one-year period. 4. Consider a debt consolidation loan If you are in a very difficult situation, such as facing bankruptcy or falling far behind on payments, a debt consolidation loan could be an option to explore. This is a special type of personal loan that combines multiple debts into one more manageable payment. Instead of juggling several high-interest accounts, you would make a single monthly payment, often at a lower interest rate. This simpler structure can help you stay organized and avoid missed payments. Keep in mind that applying for a debt consolidation loan can cause a temporary drop in your credit score because of the hard inquiry and the new credit account. However, if the alternative is bankruptcy, consolidating your debt is often the better choice in the long run. It can help protect your credit from more severe damage and set you up to rebuild your score over time. Debt consolidation loans are usually best suited for serious financial hardship, not minor cash flow issues. It is important to review all your options and speak with a financial professional before deciding 5. Get a secured credit card If you've shot your credit and blown your chance at being trusted with a traditional credit card, the best way to rebuild trust with creditors is to apply for a secured credit card. These work a lot like prepaid debit cards, and you start by 'reloading' them upfront. The difference is that each time you reload your secured card, you'll receive a positive credit card payment mark on your report. How long does it take to fix your credit? Repairing your credit isn't an overnight process, especially if you have accumulated multiple negative marks over a long period of time. In a best-case scenario with just a couple of negative marks on your report, you might be able to get mistakes removed or deleted within a few months. For more complicated cases, credit repair can easily take a year or longer as you go back and forth with creditors and credit bureaus. That said, the alternative is waiting six or seven years for negative marks to gradually fall off of your credit. While credit repair can be tedious, it can also fast-track the process of getting back on top of your personal finances. More from Christopher Liew:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store