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FedEx Freight to increase rates

by CanadianSailings | Mar 20, 2014 | Corporate events & profiles, Other, Supply Chain and Logistics

FedEx Freight, a subsidiary of FedEx Corp. will increase shipping rates by an average of 3.9 per cent, effective March 31, 2014.  This rate change applies to eligible FedEx Freight® shipments within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S....

Maersk reports 2013 results

by CanadianSailings | Mar 20, 2014 | Business and Economy, Corporate events & profiles, Other

Although 2013 revenues for the Group fell by 4 per cent to US$47.4 billion, and net profit dropped by 6 per cent to US$3.8 billion, Group CEO Nils S. Andersen reported that “We have reason to be pleased with profit development in 2013. Maersk Line strengthened its...

UPS releases 2013 4Q results

by CanadianSailings | Mar 20, 2014 | Business and Economy, Other, Supply Chain and Logistics

UPS released details regarding fourth quarter 2013 results. Average daily package volume increased 6.0 per cent, as total deliveries in December surged 20 per cent. Significantly higher than predicted volume and inclement weather contributed to excess operating costs...

Quebec marine industry faces major human resource challenges

by CanadianSailings | Mar 20, 2014 | Government and Regulation, Other, St. Lawrence, Seaway and Great Lakes

The number of direct jobs resulting from marine-sector activity in Quebec amounted to 13,222 . This figure comes from the recent study l’Étude sectorielle sur les effectifs maritimes au Québec recently released by the Human Resources Sectorial Committee of the...

EDC renews partnership with CARE after five successful years

by CanadianSailings | Mar 20, 2014 | Other

Export Development Canada (EDC), Canada’s leading provider of trade financing and insurance, announced that it has renewed its community investment partnership with CARE Canada for another three years. The announcement was made on the fifth anniversary of the...
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