Canada Cartage to Acquire Walmart Fleet ULC in Strategic Expansion

Date: 06 February 2025

Canada Cartage has signed an agreement to acquire Walmart Fleet ULC, the transportation division of Walmart Canada. The acquisition strengthens Canada Cartage’s fleet outsourcing capabilities while allowing Walmart Canada to focus on its retail growth strategy.

Walmart Fleet ULC, based in Mississauga, Ontario, operates across Canada, supplying Walmart’s more than 400 stores. The acquisition will see Canada Cartage continue operating the fleet as a dedicated service, ensuring continuity for Walmart Canada.

“Our acquisition of Walmart Fleet reflects our commitment to expanding our network and bringing dedicated fleet transportation solutions to more customers across Canada,” said Scott Lane, President, Canada Cartage. “This move positions us for long-term growth while providing the talented employees joining us from Walmart Fleet with more opportunities to develop long-term careers and thrive in a fleet-focused environment.”

For Walmart Canada, the divestiture aligns with its broader strategy to expand its stores and supply chain.

“This decision is part of our broader growth ambitions and strategy to focus on what we do best: delivering value to our customers,” said Matt Kelly, Vice President, Supply Chain, Walmart Canada. “We are confident fleet employees will benefit greatly from Canada Cartage’s leadership. They’re very well-respected, and we know their culture is the right fit for fleet employees and our business.”

The transaction is expected to close in the coming weeks, subject to customary closing conditions.