by CanadianSailings | Dec 16, 2013 | Business and Economy, Other
By Gavin van Marle Container shipping lines Hapag-Lloyd and CSAV have announced they have been holding discussions on the possibility of merger or some other form of co-operation.A short statement released this morning said: “Hapag-Lloyd and CSAV are currently...
by CanadianSailings | Dec 16, 2013 | Business and Economy, Other
By Mike Wackett The chances of Hapag-Lloyd turning a full-year profit were slipping away fast after the German ocean carrier posted disappointing peak season Q3 net profits of €16.6m, compared with €45.6m in the same period of 2012. For the nine months of 2013,...
by CanadianSailings | Dec 16, 2013 | Business and Economy, Other
Canadian exports rose 1.8 per cent to $40.6 billion in September, driven almost entirely by rising volumes. Even more exciting was that August growth was revised up from 1.8 per cent to 2.4 per cent, pushing it to the largest monthly increase in almost 2 years....
by CanadianSailings | Dec 16, 2013 | Business and Economy, Corporate events & profiles, Education, Other, Rail
CN is to acquire additional monitoring equipment to enhance its ability for early detection of defects. Jim Vena, CN Executive Vice-President and CEO, said: “We’re stepping up our inspection and detection capabilities. We’ve had a major push in recent years to...
by CanadianSailings | Dec 16, 2013 | Business and Economy, Corporate events & profiles, Other
Freight forwarder and logistics services provider Damco reported total revenues of USD 836 million for the third quarter of 2013, which is on a par with the previous year’s turnover of USD 838 million in the same quarter. EBIT before Special Items was USD 23 million...
