CBP says late ISF filers can expect increased enforcement in the form of manifest holds

U.S. Customs and Border Protection (CBP) is continuing to inform the trade about Importer Security Filing (ISF) compliance. To be fully compliant, ISFs must be filed 24 hours prior to the lading of cargo on ocean vessels. CBP recently stated that manifest holds will be put on any cargo that does not have an ISF on file 48 hours prior to arrival.

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CN’s 2013 Investor Fact Book and sustainability report now available on company’s website

CN announced that its 2013 Investor Fact Book and Delivering Responsibly sustainability report are now available on the company’s website.

The Investor Fact Book, which can be accessed at http://www.cn.ca/investors, is a comprehensive source of information about CN, its franchise and business model. It profiles the company’s strategic agenda, North American network and operations, markets and financial performance in a concise, readable format. Delivering Responsibly is available at http://www.cn.ca/en/delivering-responsibly and highlights CN’s strategy, programs and achievements in the areas of corporate governance, safety, people, community involvement and environmental stewardship.

Government of Finland acquires control of Aker Arctic Technology Inc.

A government owned investment company, Finnish Industry Investment Ltd, has purchased a 66.4-per-cent majority stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is one of the world’s leading companies in Arctic marine logistics and offshore solutions as well Arctic vessels design. The Company’s two other shareholders, ABB Oy Finland and Norway’s Aker Engineering and Technology AS, share the remaining 33.6 per cent equally.

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Seaway tolls to increase by 2.5 per cent in 2014 – traffic down by 5.3 per cent in 2013

The St. Lawrence Seaway Management Corporation (SLSMC) announced a toll rate increase of 2.5 per cent for the 2014 navigation season. The new revised tariff is available on its website.

The Corporation also announced that the Seaway closed for the season on January 1, 2014. The Seaway was open for 286 days, given an opening date of March 22.

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