News

MSC subsidiary Terminal Investment Limited (TiL), the sole shareholder of the TPO/TNMSC container terminals at Le Havre, has announced a major investment programme that will strengthen the port’s role as a gateway to North-western Europe. This €700 million investment will lead to the creation over the next six years of 900 jobs for dockers and 200 for maintenance workers. It will also prepare the

Thunder Bay port activity was up during the month of June compared to the same period last year.  It was a strong month for potash and general cargo shipments, while grain volumes had a modest rebound, the port reported. Shipments of potash continued at a strong pace.  Ocean-going vessels exported more than 150,000 metric tons

Chicago – The Council of the Great Lakes Region (CGLR), as part of its Circular Great Lakes initiative, has released an innovative five-year circular economy strategy and action plan for plastics. The Council is a bi-national forum fostering dialogue and collaboration among eight U.S. states and the Canadian provinces of Ontario and Quebec. The organization worked with a number of

  In its latest Container Forecaster report, Drewry consultancy notes that while the over-heated global container shipping market has recently taken a turn, the lingering congestion will likely prevent a rapid return to normal.  Falling demand has driven container spot freight rates lower on a weekly basis over the last four months while high inflation

Canadian National Railway (CN) has confirmed that a two-week strike that began on June 18 by 750 signals and communications workers will end just after midnight today. This follows an agreement with the International Brotherhood of Electrical Workers (IBEW) to accept binding arbitration.  The IBEW had initially rejected CN’s proposal to resolve remaining differences, on

Suresnes, France – FLYING WHALES, the French company behind the major industrial program LCA60T (the development of a heavy-lift airship solution and its operating ecosystem), welcomes funding from the French government – via French Tech Souveraineté, which is part of the France 2030 program led by the General Secretariat for Investment (attached to the Prime-Minister’s Office) and operated by Bpifrance – and the Principauté de Monaco, via the Société Nationale de Financement. This 122 million-euro-round of

Canadian National Railway has launched a second daily doublestack train service connecting Halifax to Toronto, Montreal and the US Midwest amid container growth expectations. The service capable of hauling 250 TEU connects Halifax to Montreal within 26 hours, Toronto in 35 hours, Chicago in 56 hours, and Detroit in 59 hours. “Working with our partner