Canada

Canada

Images for weekly wrap-up
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
09 Jul 2014
Manitoulin Transport has gained full ground coverage of Manitoba through its purchase of Jomac Transport, it said, the second major acquisition in seven months for one of North America’s largest less-than-truckload carriers.
07 Jul 2014
Roughly 400 unionized truck drivers at Port Metro Vancouver are threatening to strike, alleging that they are being paid less than the minimum rate established by the government, CBC.ca reports.
The 12,500-TEU MSC Fabiola broke records when it first called at California ports in 2012.
07 Jul 2014
West Coast ports will spend the coming year in much the same way they spent the past year: preparing for big ships operated by big carrier alliances.
07 Jul 2014
One of North America’s largest trucking operators grew a little more last week, as TransForce officially finalized the acquisition of Transport America, Inc.
A Wal-Mart store in Canada.
04 Jul 2014
Wal-Mart Canada has purchased two privately held Canadian logistics firms.
Ocean carrier rate revision roundup for July 4
04 Jul 2014
Several container lines have planned general rate increases in multiple trade routes to take effect Aug. 1...
Maher Terminals, Port of New York and New Jersey
30 Jun 2014
Deutsche Bank AG is seeking potential buyers for all or part of Maher Terminals after writing down a large percentage of the $2.3 billion the German bank paid to buy the container terminal operator in 2007.
27 Jun 2014
Waterloo, Ontario-based Descartes Systems Group announced the pricing of its public shares this week as sales start to bring the global logistics technology provider to the U.S. and Canadian stock exchanges.
Ocean carrier rate revision roundup for June 27
27 Jun 2014
Several container lines have planned general rate increases in multiple trade routes to take effect in July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
U.S.-Mexico cross-border trade by truck
27 Jun 2014
While trucking companies have been complaining about a major imbalance between the U.S. and Mexico for months, data from the U.S. Bureau of Transportation Statistics suggest just how big the imbalance might be.