by CanadianSailings | Dec 29, 2014 | Other, Rail
CN announced that it has reached a tentative agreement with the United Steelworkers (USW) union Local 2004 to renew the labour contract for approximately 3,000 CN maintenance-of-way employees represented by the USW in Canada. The current CN-USW labour agreement is...
by CanadianSailings | Dec 29, 2014 | Business and Economy, Other, Ports and Terminals, St. Lawrence, Seaway and Great Lakes
Total cargo shipments through the St. Lawrence Seaway reached 34.6 million tonnes for the period from March 25 to November 30 — up 5 per cent over the same period last year. Seaway management expect the season will close ahead of last year by a similar margin. Grain...
by CanadianSailings | Dec 29, 2014 | Business and Economy, Ocean, Ocean Carriers, Other
Following completion of the company’s debt restructuring on July 16, 2014, ZIM reported improved results for the third quarter ending September 30. The $3.4 billion debt restructuring, which included a debt to equity swap of $1.4 billion, significantly improved the...
by CanadianSailings | Dec 29, 2014 | Other, Ports and Terminals, Safety and Security, St. Lawrence, Seaway and Great Lakes
Canada’s Transportation Safety Board has issued a warning to shipowners regarding cargo-handling cranes in the aftermath of a “catastrophic” crane failure on a bulk carrier this summer in Quebec. TSB, which issued the warning in a November 24 news release, said the...
by CanadianSailings | Dec 29, 2014 | Corporate events & profiles, Other
Manitoulin Global Forwarding has acquired Canfleet Logistics Ltd., of Vancouver, British Columbia. This is the latest strategic investments Manitoulin has made in Western Canada in recent years to build out its offerings and coverage in the region. The purchase of...