by Canadian Sailings | Oct 18, 2018 | Alex Binkley, Business and Economy, Featured, Other, Rail, Supply Chain and Logistics
By Alex Binkley
Transport Minister Marc Garneau’s order to phase out two classes of tank cars used in transporting crude oil and condensates will complicate the petroleum industry’s logistics challenge but not completely disrupt shipments by rail, which are at record levels.
Brad Herald, Vice-President of Western Canada Operations for the Canadian Association of Petroleum Producers (CAPP), said the earlier than expected retirement of the two older classes of tank cars will be a challenge for the industry as it is struggling to clear as much product as possible. He described management of crude by rail shipments as a continental logistics exercise. In addition to making maximum use of the available tank cars, “we have to make sure there is capacity in the freight yards and on the rail lines to move them.” (more…)
by Canadian Sailings | Oct 18, 2018 | Corporate events & profiles, Featured, Gateways and Corridors, Ocean, Ocean Carriers, Other, Ports and Terminals, Tom Peters
By Tom Peters
The developing technology to create a more efficient cargo supply chain, the status of North American Free Trade Agreement (NAFTA) negotiations, and CN’s continued investment in safety and equipment to keep cargo moving fluidly, were among the main topics of discussion at the annual Halifax Port Days.
Digitization in the shipping industry grabbed the attention of delegates as a panel of business and technology experts focused on a new blockchain collaboration between Maersk and IBM, called TradeLens. The goal of the project is to develop a highly secure digital ledger system that promotes the sharing of information across the global shipping industry which can reduce costs, improve productivity, increase the speed of the delivery of goods and provide transparency. The Maersk-IBM blockchain will enable the needed safety and security for the digital platform. (more…)
by Canadian Sailings | Oct 18, 2018 | Business and Economy, Featured, Other, Ports and Terminals
Still a leader on the North Atlantic container market between North America and Europe, the Port of Montreal now trades with the entire world – 140 countries on every continent – while experiencing growing success in new markets.
“Globalization has changed the face of international trade and maritime shipping,” said Sylvie Vachon, President and Chief Executive Officer of the Montreal Port Authority (MPA). “It has led to increased trade among countries and fostered the development of emerging markets. (more…)
by Canadian Sailings | Oct 18, 2018 | Environment, Featured, Other, Ports and Terminals, St. Lawrence, Seaway and Great Lakes
Sustainable development and innovation are at the heart of the Montreal Port Authority’s (MPA) business practices and strategic plan.
“The MPA is at the forefront of the marine sector’s movement towards a future where emerging technologies, efficiency and sustainable development go hand in hand,” said President and Chief Executive Officer Sylvie Vachon. “We are an organization that is committed to protecting the environment, to its neighbouring communities, and to its contribution to the economic growth of Montreal, Quebec and Canada. The innovative projects that we are undertaking all have a positive impact on these three pillars of sustainable development.” (more…)
by Canadian Sailings | Sep 13, 2018 | Business and Economy, Featured, Ocean, Other, Ports and Terminals
Mandated to facilitate Canada’s trade objectives, the Vancouver Fraser Port Authority is continuing to build on a successful legacy of collaborative infrastructure funding. With its long-term strategy in mind, the port authority works collaboratively with government and industry to fund and deliver trade-enabling infrastructure projects to position the Vancouver gateway for the future.
Between 2009 and 2025, more than $17 billion will be invested in transportation and terminal infrastructure in the Vancouver region, more than double that of the recent Panama Canal upgrades. Working closely with industry and government, approximately $7.5 billion has already been invested to-date in port infrastructure to support port activities, a strong signal indicating confidence in the continued growth in Canadian trade. (more…)
by Canadian Sailings | Sep 13, 2018 | Business and Economy, Featured, Other, Ports and Terminals
The Vancouver Fraser Port Authority works with supply chain partners and port stakeholders to build future capacity through increased efficiency. The port authority’s emphasis on data visibility and transparency, as well as efficiency improvements aimed at optimizing land and marine operations across the supply chain, help improve overall supply chain performance.
Collecting, analyzing and reporting on data allows the port authority to assess how well the gateway is operating. Early warning indicators derived from reporting can help initiate discussions and support major capital decisions and future planning. Leveraging supply chain data can help optimize the Vancouver-area gateway’s existing infrastructure. Customers and users also benefit from several real-time monitoring programs and digital platforms to help keep them informed and enable them to anticipate, plan and respond effectively to operational matters. (more…)
