A global logistics company that has operated in the United States for more than 100 years has announced plans to expand its operations to Canadian waters.
Global Logistics Inc., known as Global LNG, will use its existing facilities in Canada and open a new facility in St. John’s, New Brunswick, that will house its logistics operations and facilities.
Global LNNG said it will use the St. Johns facility to process shipments of goods from the United Kingdom, the United Arab Emirates, the Netherlands, and other countries.
“Our future is with Canada and Canada’s future is a very strong one,” Global Lng CEO and chairman Michael C. Goggin said in a statement.
Global is based in Toronto.
“Canada’s position as a world leader in transportation and logistics is not just a global asset, it’s also an asset for the entire Canadian economy,” Goglin said.
Global said it has an estimated $8.5 billion in revenue and nearly 2,000 people working in its operations, with operations in six countries.
Global was founded in the late 19th century.
The company is a leader in the use of advanced, low-cost and environmentally sustainable processes for container shipping, and it uses its facilities to transport its goods to and from the U.S., Canada, and the United Nations.
Global’s operations are based in the San Francisco Bay Area.
Global employs about 2,700 people in the U, the U., Europe and Australia.
Global has been based in St-John, N.B., since the 1970s.
Global had $11 billion in annual revenues for the fiscal year ending June 30, up nearly $4 million from a year earlier.