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ILA and Halifax Employers Association reach two-year pact

by CanadianSailings | May 30, 2012 | Other, Tom Peters

By Tom Peters Three International Longshoremen’s Association (ILA) locals in the port of Halifax and Halifax Employers Association have reached agreement on a new two-year contract. Union members will get wage increases of 2.75 per cent in the first year and 3 per...

Maersk Line suffers US$599 million Q1 loss

by CanadianSailings | May 30, 2012 | Business and Economy, Ocean Carriers

Maersk Line, the world’s largest container line, suffered a net operating loss of almost US$600 million during the three months ended March 31, 2012, and negative cash flow from operations of US$257 million, despite a significant increase in volumes carried. Volumes...

Emirates SkyCargo in the saddle with record horse shipment for Jubilee Pageant

by CanadianSailings | May 30, 2012 | Corporate events & profiles

Two Emirates SkyCargo special freighter charters have recently touched down in the U.K., carrying a record cargo of over 100 horses. The first shipment of 70 horses, which arrived on April 27, was the largest number ever transported by Emirates SkyCargo on a single...

American Feeder Lines ends cargo feeder service

by CanadianSailings | May 30, 2012 | Business and Economy, Gateways and Corridors, Other, Tom Peters

By Tom Peters After only nine months in operation, American Feeder Lines (AFL) has ended its cargo feeder service from Halifax to Boston and Portland, Maine, citing a lack of long-term investors as the major cause of its demise. “Our main thing involved getting...

Staying afloat in a slow-growth economy

by CanadianSailings | May 30, 2012 | Alex Binkley, Business and Economy

By Alex Binkley Shippers and transporters can’t let their worries about slow global economic growth prevent them from refining their supply chain to be ready for a future upturn, speakers told the annual Transportation Situation and Outlook Conference. Canada picked a...
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  • Maersk confident of contract integrity, as it builds $19 billion M & A war-chest
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