December 8, 2019
Port of Trois-Rivières: A driver of growth through innovation
December 8, 2019
Port of Trois-Rivières: Developing the waterfront – Balancing economic, environmental and social objectives
December 8, 2019
Port of Trois-Rivières: Hason builds oversized parts assembly plant for petrochemical industry
Sept-Îles marks major milestone as record cruise season comes to a close
It has been a banner year for Destination Sept-Îles Nakauinanu. After an impressive spring earning international recognition at the Cruise Insight Awards in Miami and an award at the Gala du Mérite Nord-Côtier, the cruise development organization now marks the end of...
Panama Canal use by box ships slows only slightly, but trade wars continue to threaten
By Mike Wackett The number of container ships transiting the Panama Canal during its fiscal year ending 30 September declined slightly, by 1.1 per cent to 2,575. But, there could be further reductions after ocean carriers announced a number of blanked sailings in the...
Shippers nervous as new Europe-Asia container capacity crunch looms
By Mike Wackett CMA CGM has announced that it will increase its 40ft FAK rate from North Europe to Asia to $850 from 1 November. The first adjustment this year by the French carrier of its backhaul rates could coincide with what European exporters fear: a severe...
November on course to be the crunch month for ocean carriers
By Mike Wackett November will be a decisive month for ocean carriers as they go all out to push up container spot rates on the key tradelanes of Asia-Europe and the transpacific. According to Alexander Borulev, commodity associate at S&P Global Platts, rates are...
DHL Express invests $100 million to expand its gateway at Hamilton’s John C. Munro International Airport
DHL Express announced its latest gateway expansion in Canada: a new $100 million facility at Hamilton’s John C. Munro International Airport. This new facility will replace its existing one to meet double-digit growth in shipment volumes. “Hamilton International...
CN and CP announce third quarter results
It seems that Canada’s two national railways keep on producing never-ending record performances. Although both carriers expressed caution about the immediate future, both produced very respectable third quarter results. During the quarter, CN’s revenues increased by...