With Canadian legislators not due back from a winter break until January 27, the chances appear virtually nil that Canada will ratify before February at the earliest the revised North American free trade accord re-named the US-Mexico-Canada Agreement (USMCA) signed on December 10.
The Great Lakes and St. Lawrence Seaway system are on a pace to break last year’s record for the decade but a strong final quarter is needed to set a new mark.
The introduction of HFM [Hands Free Mooring] technology has boosted Seaway efficiency.
This year marks a major milestone for Montreal-based, privately-owned Fednav Limited : the 75th anniversary of its creation in September 1944 by Ernest Pathy, grandfather of current President and CEO Paul Pathy.
On the heels of its recent expansion in Europe, Uber Freight has announced its entry into Canada, with a view to facilitating seamless domestic and cross-border loads. The first foray into North America further enlarges Uber Freight’s global footprint after its expansion into Poland, Germany, and the Netherlands.
In the past few years, project cargo has represented a steady growth business for Canadian ports on the Great Lakes/St. Lawrence maritime corridor, led by wind farm components manufactured regionally or in Europe as well as industrial machinery for oil and forest sector developments.
On Canada’s East Coast, the total container market is relatively small at approximately 2.3 million TEUs, with the deep inland Port of Montreal holding the lion’s share at 1.7 million containers handled in 2018.
With container volumes rising in recent years and potential capacity problems on the horizon, the Port of Montreal is counting on a planned new terminal at Contrecoeur, 25 miles downstream on the south shore of the St. Lawrence River, to meet future demands.
It was barely a decade ago that Don Krusel, then chief executive of a remote, long-struggling bulk port in northern British Columbia (population 13,000), launched a bold blueprint that surprised many marine industry observers: a container terminal to foster trade between North America and Asia.
Barely three hours after a lockout of 6,500 dockers across British Columbia began today, a tentative deal for a new collective agreement was announced between the International Longshore and Warehouse Union (ILWU) Canada and the British Columbia Maritime Employers Association. The previous agreement expired in March 2018.
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