Fuel Transport (FT) Expands Quebec and Ontario Warehousing, Completes 2026

Fuel Transport (TSX: FTL) is expanding its warehousing footprint as a long-term growth lever, not a reaction to short-term volatility. The company is rebuilding its Cordner facility in Montréal with a 2026 completion date, adding 126,000 sq ft of high-performance storage to support higher throughput and flexible operations. A 2026 expansion at its Brampton, Ontario warehouse, supported by a new long-term customer agreement, will further scale its national and cross-border distribution capacity. The expansion strategy, rooted in fiscal discipline and partnership-driven planning, emphasizes building over leasing to align infrastructure with evolving customer needs. Fuel is enhancing its warehouse management system and evaluating automation tools that integrate with its pallet-in, pallet-out operations and customer systems. The company, which has self-financed much of its industrial investment pre-pandemic, is also advancing its U.S. footprint with Chicago as a key base and pursuing opportunities in LTL.