Fuel Transport buys Brampton warehouse

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Montreal-based Gasoline Transport has made a leap into the Toronto-area market with a $43-million funding in a 122,442-square-foot Brampton warehouse.

The warehouse, at 35 Precidio Court docket within the Bramalea Enterprise Park, is surrounded by a excessive density of industries starting from meals and beverage to well being care and life sciences, the corporate says. The brand new facility will assist it increase provide chain resiliency and add flexibility to Gasoline’s operations, it provides.

Gasoline additionally says the opening is timed to serve U.S. shoppers who’re bringing manufacturing again to North America from Asia, or plan to in coming years as reshoring intensifies.

Fuel Transport warehouse
Gasoline’s new Brampton warehouse at 35 Precidio Court docket. (Picture: Gasoline Transport)

“Toronto is a serious marketplace for Canadian imports and exports; it’s the gateway to Japanese Canada,” mentioned Peter Perrella, vice-president, operations at Gasoline Transport. “That is an progressive, extremely environment friendly resolution for shoppers that brings them nearer to their service areas. Warehousing compliments the logistics aspect of our enterprise, and goes to deliver worth to U.S. and Canadian shoppers. It is going to additionally spin-off advantages that’ll cut back transport and delivery backlogs which have been irritating shoppers.”

Gasoline says the brand new flagship warehouse is a step towards constructing a broader warehouse portfolio that now exceeds 1 million sq. toes of capability.

“This $43-million greenback funding is a part of a much bigger, constant technique we’ve had since day one to be a value-added logistics supplier throughout North America, by bolstering our hybrid model of non-asset and asset-based options, and serving to to optimize our shoppers’ enterprise,” mentioned Robert Piccioni, CEO and founding father of Gasoline Transport. “We’re in a position to leverage Gasoline’s fiscal power to constantly reinvest within the business; in our folks, our coaching and methods, our truck and bulk divisions, and owned property, like 35 Precidio Court docket in Brampton.”

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