by CanadianSailings | May 15, 2014 | Environment, Other, Ports and Terminals
Port Metro Vancouver and Metro Vancouver have come together to improve the monitoring of air quality on Burrard Inlet. Port Metro Vancouver will fund the purchase and installation of several new air quality and meteorological monitoring sites, to supplement existing...
by CanadianSailings | May 15, 2014 | Corporate events & profiles, Ocean Carriers, Other
ZIM reported 2013 revenues of $3.7 billion (compared to $4 billion in 2012), a decrease of 7 per cent resulting mostly from declining freight rates. Average freight rates in 2013 decreased by about 9 per cent (from $1342 per container in 2012 to $1227 in 2012).2013’s...
by CanadianSailings | May 15, 2014 | Business and Economy, Corporate events & profiles, Ocean, Ocean Carriers, Other
The Kuehne + Nagel Group reported an earnings increase of 11.9 per cent for the three months ended March 31, to CHF 150 million, on slightly lower revenues. Revenues declined by 1.3 per cent to CHF 4.127 billion from CHF 4.182 the year before. The overland business...
by CanadianSailings | May 15, 2014 | Business and Economy, Ocean, Other
By Mike Wackett Ocean carrier OOCL’s first-quarter performance indicates there is concern that its normally conservative parent, Orient Overseas International, might have been a tad optimistic about the level of profit this year. Earlier in the year, OOIL told...
by CanadianSailings | May 15, 2014 | Business and Economy, Corporate events & profiles, Other
FedEx Corp. reported revenues of US$11.3 billion for the third quarter that ended on February 28 of 2014, up 3 per cent from $11.0 billion recorded during the third quarter of the previous year. Operating income of $641 million was recorded, up 9 per cent from $589...
