by CanadianSailings | Oct 21, 2014 | Business and Economy, Corporate events & profiles, Other
FedEx Corp. reported operating income of $987 million, up 24 per cent from $795 million last year, on revenues of $11.7 billion, up 6 per cent from $11.0 billion the previous year, for the first quarter of fiscal 2015, ended August 31, 2014. FedEx reported operating...
by CanadianSailings | Oct 21, 2014 | Business and Economy, Other
By Peter G. Hall, Vice-President and Chief Economist We used to take surpluses for granted. But one key feature of post-crisis Canada was the emergence of a persistent trade deficit. In general, the word ‘deficit’ scares us, and in most cases, it should. But in this...
by CanadianSailings | Oct 21, 2014 | Government and Regulation, Other, Rail
Lisa Raitt, Minister of Transport, launched a second stage of consultations with a view to strengthen the liability and compensation regime and ensure railways and shippers are held accountable in the event of an incident. The government of Canada is enhancing...
by CanadianSailings | Oct 21, 2014 | Ocean, Ocean Carriers, Other, Shipbuilding and Repair
By Gavin van Marle The entrance of Liquefied Natural Gas (LNG)-powered containerships on European waters could occur sooner than thought, after classification society DNV-GL presented an “Approved in Principle” award to a new deepsea boxship design. DNV-GL said the...
by CanadianSailings | Oct 21, 2014 | Business and Economy, Gateways and Corridors, Other
M&A activity in the U.S. container terminal sector is currently at its highest level since the boom time of the mid-2000s. However, whilst the type of buyer is largely similar to what it was, the rationale for pursuing today’s deals is different. The U.S....
