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Old Posted Jun 25, 2019, 5:35 PM
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Quote:
Originally Posted by King&James View Post
https://renx.ca/purolator-build-330m...r-hub-toronto/

I hope this does not impact YHM negatively... would be good to see investment plan for MT Hope
I don't think this is bad for YHM. This is a sort facility to as they state "allowing it to deliver more packages quickly. Purolator, which delivered more than 25 million packages in 2018, said that the facility will triple its capacity, and help it deal with higher volumes of deliveries during peak periods.". This is for local service and they are building a facility 110,000-square-foot facility in North York which will add up to 135 new delivery routes. The packages and mail will come into this sort facilities by large trucks from all over the world. They will go out in the same trucks with some coming to YHM. The vast majority of this stuff will come into YHM in aircraft shipping containers in large trucks to go directly onto the plane.

CargoJet has a long contract with Purolator (and Canada Post and DHL). I am sure they are talking to them about their needs. CargoJet buying more aircraft, hanger space at YHM and is looking to build more buildings at YHM. You may still see Purolator expand at YHM.
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