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U.S. forest products exports ride high on recovered paper

by CanadianSailings | Nov 29, 2012 | Bruce Striegler, Business and Economy, Gateways and Corridors

By R. Bruce Striegler Increasing fibre demand in the developing world In the final of its fall Web series examining key U.S. economic drivers, the Journal of Commerce turned to forest products, presented by Rodney Young, Chief Economic Advisor at RISI. Founded in 1985...

Algoma reports Q3 results

by CanadianSailings | Nov 29, 2012 | Business and Economy, Corporate events & profiles

Algoma Central Corporation reported revenues for the three months ended September 30 of $173.4 million, compared with revenues of $184.2 million during the year-ago period. Net earnings of $29.9 million were reported, compared with net earnings of $35.0 million during...

“Track to Prosperity” coverage of I.E.Canada’s 81st Annual Conference

by CanadianSailings | Nov 29, 2012 | Business and Economy, Government and Regulation, Other, Supply Chain and Logistics

By Jack Kohane United States President Franklin Roosevelt once described two-way trade between Canada and the United States as “good neighborship” and explained that “the wellbeing of one nation depends in large measure upon the wellbeing of its neighbors.” It’s not...

Seaspan marks official start of $200M shipyard modernization project

by CanadianSailings | Nov 29, 2012 | Business and Economy, Shipbuilding and Repair

A ground-breaking ceremony at Vancouver Shipyards, in North Vancouver marks a significant milestone in the re-development of the shipyard into a world-class facility that will build a new generation of vessels for the Canadian Coast Guard and Royal Canadian Navy....

Westshore Terminals reports stellar Q3 results

by CanadianSailings | Nov 29, 2012 | Business and Economy, Corporate events & profiles, Other

Westshore Terminals Investment Corporation (WTIC) reported revenues for the quarter ended September 30 of $71.2 million, compared with revenues of $55.6 million for the same quarter of 2011. After-tax profits were $28.2 million (38 cents per share), versus $10.9...
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  • Freight rate bubble bursts, pushing smaller opportunists our of the transpacific
  • Confidence returns for China’s shippers, despite high costs and falling demand
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