Purolator Acquires Livingston International Amid Trade Uncertainty

Purolator has acquired Livingston International, Canada's largest customs brokerage, from Platinum Equity, enhancing its capabilities in cross-border trade amidst rising trade tensions and tariff scrutiny. This strategic move aims to create a vertically integrated logistics service that combines freight forwarding, customs brokerage, and trade consulting, allowing Purolator to better assist clients navigating complex international supply chains. With over 2,700 employees, Livingston has a strong foothold in international trade services, having supported Purolator for over 30 years. Purolator's CEO, John Ferguson, emphasized that this acquisition positions the company to provide greater flexibility and choice to customers, especially as 30% of its business is linked to cross-border deliveries. The deal is seen as a generational opportunity to enhance Purolator's offerings and solidify its role in the evolving trade landscape. Financial terms of the acquisition have not been disclosed.