From World Grain:
Prince Rupert Port Authority announced on Jan. 22 that a 26% surge in container volumes and the continued success of grain and wood pellet terminals at the Port of Prince Rupert helped stabilize overall 2015 results in the wake of declining coal volumes and international commodity markets.
“The 2015 cargo volumes achieved [...]
Canadian Pacific Railway’s attempt to takeover Norfolk Southern Railway has already raised alarm with a group of Illinois lawmakers and prompted a pointed response from the Canada railroad.
Sen. Dick Durbin, D-Ill., on Dec. 14 urged the U.S. Surface Transportation Board, the rail regulatory agency, to consider the potential negative impact of the Canada railroad’s [...]
From the Journal of Commerce:
A proxy war has been all but declared, analysts say, after Canadian Pacific Railway announced Wednesday it had upped its hostile bid for Norfolk Southern Railway by some $3.4 billion.
It’s the second time the Calgary-based railroad has attempted to sweeten the pot after NS shareholders called CP’s first two [...]
Anglo-Australian miner BHP Billiton will cut 76 jobs from its Canadian potash operations due to low commodity prices, a company spokesperson said on Friday.
Work continues on sinking and lining shafts at BHP’s potash mine near Jansen, Sask., about 60 km southeast of Humboldt, according to the spokesperson.
The mine would be the world’s biggest [...]
Japan’s Prime Minister Shinzo Abe and Canada’s prime minister-designate Justin Trudeau agreed to promote the Trans-Pacific Partnership (TPP), Japan’s foreign ministry said in a statement.
Last month, 12 Pacific Rim countries including Japan and Canada agreed the TPP, a pact which aims to liberalize commerce in 40 percent of the world’s economy by reducing or [...]
From the Canadian Press:
Creating the Arctic Coast Guard Forum is considered a significant step forward for international co-operation in the region and will flesh out previous search and rescue agreements.
“(The forum) will be an operationally focused organization that strengthens maritime co-operation and co-ordination in the Arctic,” said an emailed statement from the United [...]
The Northwest Passage connects the Beaufort Sea in the west with Baffin Bay in the east. It is a shorter route to move goods between the Pacific and Atlantic regions than the Panama and Suez Canals.
For years, scientists have obsessively monitored Arctic sea ice: how it expands in the winter months and how [...]
The U.S. brokered a historic accord Monday to ease trade in goods and services among a dozen Pacific-rim nations that make up about 40 percent of the world economy.
The Trans-Pacific Partnership, five years in the making, will now be subject to months of scrutiny by lawmakers that could yet derail it. Critics on both [...]
From the Journal of Commerce:
Harbor truckers in Los Angeles-Long Beach sincerely want terminal operators to succeed in their ground-breaking plan to develop a system of appointments throughout the harbor. But they fear that the logistics involved in coordinating as many as a dozen stand-alone trucker appointment systems will be very difficult to arrange.
The Toronto Star reports that ”an audit by Canada’s environment commissioner in 2014 noted the area has been ‘inadequately surveyed and charted,’ with some Arctic maps dating back to the early 1970s. Canadian coast guard data indicates that between 2002 and 2013 there were about 100 small, mostly oil and gasoline spills in the [...]
High-level talks to forge a 12-nation trade deal spanning the Pacific broke up Friday without resolving contentious disputes over Canadian dairy tariffs, the protection of cutting-edge drugs known as “biologics” and Japanese access to the North American automobile market.
Negotiators said they would continue to seek agreement over the coming months, but the failure to [...]
Funding for the installation of shore power facilities for container vessels at two Port Metro Vancouver container terminals has been announced by the Canadian government and Port Metro Vancouver officials.
Shore power reduces emissions by allowing vessels to draw power from the local electrical grid and thereby turn off their diesel engines while in port. [...]
One of Canada’s most protected industries — British Columbia timber — has been targeted by Japan in the massive Trans-Pacific Partnership trade talks, The Canadian Press has learned.
Japan is pushing Canada to eliminate or modify the controls it imposes on B.C. log exports — a practice that is heavily restricted by the federal and [...]
Germany’s K+S AG rejected a $8.7-billion (U.S.) bid from Potash Corp of Saskatchewan, saying the offer was too low and “completely disregards” the value of its large potash project in Saskatchewan.
Potash Corp., the world’s biggest fertilizer producer, is increasingly facing more competition in Canada and abroad. Acquiring K+S would give the Canadian company control [...]
G3 Global Holdings, a limited partnership between Bunge Canada and Saudi Agricultural and Livestock Investment Company (SALIC) Canada, announced on June 2 that it has formed a joint venture with Western Stevedoring Company Limited to examine the feasibility of building an export grain terminal at Lynnterm West Gate at Port Metro Vancouver, Canada.
Western Stevedoring [...]