Purolator Buys Livingston to Boost International Operations
Livingston Specializes in Customs Brokerage, Freight Forwarding
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play. (Purolator)
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Purolator bought Livingston International from Platinum Equity for an undisclosed sum to bolster the Mississauga, Ontario-based carrier’s cross-border and overseas operations, the company said.
Livingston specializes in customs brokerage, global freight forwarding and trade consulting. The Chicago-based company employs more than 2,900 staff at over 100 border crossings, airports and seaports around the globe.
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars between industrialized nations grows, the company said Feb. 4.
President Donald Trump is threatening to impose 25% tariffs on U.S. imports from both Canada and Mexico. The U.S. Postal Service also halted parcel service from China briefly after revoked a “de minimis” rule …
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