by Canadian Sailings 2023 | Sep 27, 2017 | Business and Economy, Other, Ports and Terminals, St. Lawrence, Seaway and Great Lakes
Logistec Corporation announced its financial results for the second quarter and first six months ended June 24, 2017. During the second quarter of 2017, consolidated revenue reached $101.9 million, an increase of $22.2 million or 27.9 per cent compared with the same...
by Canadian Sailings 2023 | Sep 27, 2017 | Corporate events & profiles, Ocean, Other, St. Lawrence, Seaway and Great Lakes, Supply Chain and Logistics
Earlier this year, Canada Steamship Lines welcomed M.V. Ferbec, a 49,502 DWT conventional geared bulk carrier equipped with four cranes and grabs, which is now fully operational in the Gulf of Saint Lawrence. The vessel, which previously operated in CSL’s Australian...
by Canadian Sailings 2023 | Sep 27, 2017 | Business and Economy, Ocean, Other, Ports and Terminals
The port of Prince Rupert can now accommodate the largest container vessels in the world, following DP World’s expansion of its Fairview Container Terminal that increases the port’s container-handling capacity to 1.35 million TEUs annually. The conclusion of the...
by Canadian Sailings 2023 | Sep 27, 2017 | Alex Binkley, Business and Economy, Other, Ports and Terminals
Alex Binkley Canadian National and Canadian Pacific are hard at work transporting Prairie grain to terminals using longer trains with the goal of bettering their strong performance from last year. “Through innovation, collaboration and improved communication with our...
by Canadian Sailings 2023 | Sep 27, 2017 | Ocean, Ocean Carriers, Other
By Mike Wackett The APM Terminals and Damco units in the Transport & Logistics Division of Maersk Group slid into the red and lost ground to the competition in the first half of the financial year. In Q2, APMT reported a loss of $100 million, compared with a $112...