Journal of Commerce webcast explores the Internet of Things for freight logistics

By R. Bruce Striegler

“While I am going to focus on the ‘less than truckload’ transportation segment, hopefully you will see parallels to other transportation sectors like container shipping or full truckloads,” says John Maley, IBM’s global freight logistics leader. In the spring of 2015, IBM announced an investment of $3 billion in a new business division to establish an Internet of Things (IoT) unit. The Internet of Things refers to the growing network of sensors, communications and control interfaces, and applications platforms, on everything from smartphones to jet engines, allowing pre-programmed actions to occur continuously, or when predetermined triggers are exceeded. Instead of an Internet of connected computers, it’s an Internet of connected devices (or things) broadcasting amazing amounts of data. This cloud-based open platform is designed to help clients build IoT solutions, and IBM hopes this initiative will put the company at the forefront of a rapidly emerging new technology sector. The company will provide a common platform on top of which customers can build useful applications to take advantage of all that data.

(more…)

2M Alliance to expand Prince Rupert’s reach in transpacific trade

Prince Rupert Port Authority welcomed the vessel Columbine Maersk on October 8, part of the newest marine carrier alliance to add a weekly service at the Fairview Container Terminal. The 2M Alliance of Mediterranean Shipping Company and Maersk Line has added the port of Prince Rupert as the first North American port of call to its amended TP8 transpacific service. The service made its first call in Prince Rupert on October 1 when MSC Rania berthed at Fairview Terminal.

(more…)

Malaysia and Taiwan overtake China as the world’s top manufacturing locations – Canada in sixth place

By Gavin van Marle

It is now official: China is no longer the favourite country to build new factories. The latest Where in the World manufacturing index from property consultant Cushman & Wakefield, identifies Malaysia and Taiwan as the first and second best places, respectively, to site manufacturing plants.

“While countries from Asia Pacific (APAC) still dominate the top half of our index, highlighting the importance of the region as a global manufacturing powerhouse, there remains some underlying volatility. “Rising labour and operational costs in China, the world’s largest manufacturer in terms of output, are adding to the attractiveness of lower-cost regions, with Malaysia, Indonesia and Vietnam all ranking strongly as a result, the latter topping our Growth Index,” the report said.

(more…)

G3 Canada Limited announces construction of new grain terminal

G3 Canada Limited (G3) announced that it will construct a new lake terminal at the port of Hamilton to originate grains and oilseeds out of Southern Ontario for export to global markets.

“G3 is excited to announce this major investment in the Port of Hamilton as part of our vision to create a coast-to-coast Canadian grain enterprise,” says Karl Gerrand, CEO, G3. “Grain exports from Southern Ontario have been increasing for some time now. We look forward to expanding our relationship with farmers in the province, and will work hard to establish G3 as the partner of choice in marketing their grain.”

(more…)