Excerpts from The Northern View:
A company owned by the government of Dubai is set to purchase Fairview Terminal from Deutsche Bank for $580 million.
DP World Ltd. announced today its intention to purchase the operations, with the transaction and expected to be complete in the second half of this year.
The agreement is subject [...]
The Western Canadian province of Saskatchewan expects to post a slim budget surplus in the 2015-16 fiscal year, helped by changes in how it taxes potash mining companies, the government said on Wednesday.
The province is home to mines owned by Potash Corporation of Saskatchewan, Mosaic Co and Agrium Inc . Germany’s K+S AG and [...]
”What I am trying to do is raise awareness about all things Arctic. I’m trying to allow members to see and appreciate that the Arctic is not just about Alaska,” Murkowski said in an interview Tuesday.
From the Alaska Dispatch News:
Coming soon to the U.S. Capitol is a new group of lawmakers: the Senate [...]
Unifor says it has reached a tentative contract settlement with Canadian National Railway to avoid a lockout of 4,800 workers.
The Montreal-based railway had said it planned to lock out workers represented by Unifor unless the union agreed to binding arbitration to settle contract differences. However, Unifor president Jerry Dias had firmly rejected binding arbitration.
A strike at Canadian Pacific came to a sudden end Monday after rail workers, facing the prospect of back-to-work legislation, agreed to end the stoppage and send the labour dispute to arbitration.
A key issue was fatigue for rail workers, and the union is hoping arbitration can bring about a better system to manage the [...]
In an article titled ‘CP engineers on strike after talks fail,’ the Journal of Commerce reports:
A Teamsters union representing more than 3,000 Canadian Pacific Railway locomotive engineers and conductors walked off the job after failing to reach an agreement by the midnight deadline on Feb. 14.
Teamsters Canada Rail Conference (TCRC) members went on [...]
An eastbound CN freight train hauling crude oil has derailed on the CN mainline north of Gogama. The wreckage is on fire according to information provide by a CN official.
The stretch of rail between Gogama and Foleyet is extremely remote and cannot be accessed by road, according to Ontario Provincial Police. CN said the [...]
From Canadian Pacific’s web site:
Despite Canadian Pacific’s best efforts to reach an agreement with Teamsters Canada Rail Conference-Running Trades (TCRC), the union has provided official notice of its intent to strike the company in the event there is not a negotiated settlement. This group represents more than 3,000 active locomotive engineers and conductors at [...]
Hundreds of transport trucks wound their way along Knight Street in Vancouver Wednesday, Jan. 28, 2015 in protest as part of an ongoing labour dispute with the Port Metro Vancouver.
Trucker Jurjit Dulay was protesting Wednesday because he’s out of work — along with about 600 other drivers, as well as mechanics and staff, [...]
In the U.S., shippers of grain, coal and other commodities have told regulators of poor service from BNSF, owned by Warren Buffett’s Berkshire Hathaway Inc. The U.S. Surface Transportation Board in June ordered railroads to report plans for resolving the backlogs.
Seattle and Tacoma are being stymied in their push to [...]
Much of the new traffic through the Northern Sea Route is one-way shipments of fossil fuels from Northern Europe to Asia or is between Russian ports. Wall Street Journal photo.
Reported in the Wall Street Journal:
The opening up of the Arctic for commercial cargo offers a faster route for some shipments between Europe [...]
Louis Dreyfus fire, Yorkton, Saskatchewan
A canola-crushing plant owned by the Canadian unit of global grain trader Louis Dreyfus Corp will be offline indefinitely after an explosion and fire on Friday, the company said.
Firefighters are investigating the cause of the blast at the Yorkton, Saskatchewan, plant, and an assessment of the structural condition of [...]
Port of Tacoma CEO John Wolfe said it remains to be determined whether he will continue to serve as the Port of Tacoma chief executive as well as the alliance CEO or whether he will give up his Tacoma post to assume the new post.
The ports of Tacoma and Seattle, for decades rivals in [...]
Ted Fick, the Port of Seattle’s new CEO, is a former manufacturing and distribution company executive who is from Tacoma.
The Port of Seattle’s new CEO began work Thursday, faced with a booming airport and a struggling seaport.
According to port documents, the Port of Seattle supports 148,000 maritime jobs that pay an average of [...]