by CanadianSailings | Sep 24, 2012 | Business and Economy, Other, Supply Chain and Logistics
FedEx Corp. reported earnings of $1.45 per diluted share for the first quarter ended August 31, 2012, compared to $1.46 per share last year. Revenues were $10.79 billion, up 3 per cent from $10.52 billion a year ago. Net income declined 1 per cent from last year’s...
by CanadianSailings | Sep 24, 2012 | Other
Hapag-Lloyd has announced plans to add an Eastbound call at Lisbon to its Med Canada Service itinerary as first European port of call as from October 2012. This step will not only reduce transit time from Montreal to Portugal to 9 days, but will also provide new...
by CanadianSailings | Sep 24, 2012 | Business and Economy, St. Lawrence, Seaway and Great Lakes
Cargo shipments on the St. Lawrence Seaway increased by 7 per cent in August compared to the same month last year as buoyant export trade of North American iron ore and coal to Europe and China continues. The August traffic helped lift total year-to-date shipments...
by CanadianSailings | Sep 24, 2012 | Ports and Terminals
On September 20, George H. Cohen, Director of the (U.S.) Federal Mediation and Conciliation Service (FMCS), issued the following statement concerning the present round of labour negotiations between the International Longshoremen’s Association and the United States...
by CanadianSailings | Sep 24, 2012 | Ports and Terminals
The redevelopment of Pier 22 at Port of Hamilton has been named as one of four finalists in the “Excellence in Project Development at the Neighbourhood Scale” category for the Canadian Urban Institute’s Brownie Awards, a national award program that recognizes...