The trade war between the US and Canada is wreaking damage on the Canadian economy and depressing demand for freight transportation, writes Larry Gross.
Solid peak season demand and elevated rates on the two trade lanes lifted the top line numbers and are leading the carrier to another highly profitable year.
The planned April departure of Hapag-Lloyd is the latest reshuffle in liner partnerships on the trade that has seen six of the top 10 global carriers rework their services in recent months.
