by CanadianSailings | Dec 3, 2015 | Business and Economy, Ocean, Ocean Carriers, Other
By Mike Wackett There are “significant obstacles” to the sale of Singapore-based Neptune Orient Lines (NOL), despite interest from Maersk Group and CMA CGM, according to Alphaliner.After weeks of speculation, NOL finally confirmed “preliminary discussions” with the...
by CanadianSailings | Dec 3, 2015 | Air, Business and Economy, Other
By Ian Putzger Air Canada Cargo, already one of the most technologically advanced carriers, has taken shipment visibility to a new level by employing RFID technology. This allows the airline to track shipments in real time – at piece level.“Piece level is unique to...
by CanadianSailings | Dec 3, 2015 | Business and Economy, Ocean, Ocean Carriers, Other
By Gavin van Marle Sub-economic freight rates were again blamed as Hapag-Lloyd saw a large dip in profits in the third quarter. The carrier reported a $3.3 million net profit in Q3 as the financial synergies from its merger with CSAV propelled it to a $175.6 million...
by CanadianSailings | Dec 3, 2015 | Business and Economy, Other, Supply Chain and Logistics
By Gavin van Marle Deutsche Post-DHL said yesterday its under-pressure freight forwarding unit, DHL Global Forwarding (DGF), had begun its turnaround – despite reduced air and sea freight volumes in the third quarter. Reporting its Q3 financials in Bonn, DP-DHL group...
by CanadianSailings | Dec 3, 2015 | Business and Economy, Other
By Peter G Hall, Vice President and Chief Economist Times are tough for resource-rich economies. Plunging global prices for oil, gas and other minerals are wreaking havoc with profit margins, trade balances and future investment plans. Canada knows this all too well –...
