The Caisse de dépôt-backed company, which currently operates in six Canadian provinces, is expanding its Dragonfly Shipping subsidiary to its first international market. The company will make its first deliveries in Brisbane, and hopes to service much of Australia’s far-flung rural areas. (The Logic)
Talking point: Founded in 1986 as a courier company, Intelcom no longer operates its own vehicles. Rather, it provides digital logistics tools for a variety of courier companies that deliver packages on behalf of Intelcom partners including Amazon, UPS, FedEx and Sameday. Its revenue is forecast to surpass $500 million in 2021, according to The Globe and Mail.