Latest news with #Radius'
Cision Canada
03-07-2025
- Business
- Cision Canada
Amid Industry Pullback, Radius Logistics Bets on the Canadian Economy with 75,000 sq ft Expansion
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.
Business Wire
28-04-2025
- Business
- Business Wire
RDUS Investors Have the Opportunity to Join Investigation of Radius Recycling, Inc. with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Radius Recycling, Inc. ('Radius' or 'the Company') (NASDAQ: RDUS) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Radius board breached its fiduciary duties to shareholders. The Company announced on March 13, 2025, that it has 'entered into a definitive merger agreement with Toyota Tsusho America, Inc. ('TAI'), a U.S. subsidiary of Toyota Tsusho Corporation (8015.T) ('TTC'), under which TAI will acquire all shares of Radius for $30.00 per share in cash, representing an approximate 115% premium to Radius' closing share price on March 12, 2025, and an approximate 102% premium over the 90-day volume-weighted average share price (VWAP).' If you are a shareholder, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
