A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the United States stretching back 35 years, is telling customers to expect to pay higher prices. Another company, that produces mascot costumes...
https://gcaptain.com/as-trump-tariffs-sink-in-canadian-companies-pivot-from-us-to-new-markets/
Weekly U.S. rail volume remains ahead of 2024 levels — at least for now.
Amid reports that import traffic from China is about to drop dramatically, with an almost-certain impact on intermodal volume, both carload and intermodal traffic remained above previous-year levels for the week ending April 26, 2025.
Statistics from the Association of American Railroads show that U.S. traffic for the week was 502,105 carloads and intermodal units, up 5.5% from the same week in 2024. That includes 233,411...
https://www.freightwaves.com/news/us-rail-freight-still-ahead-of-2024-levels
Parrish & Heimbecker, a Canadian, a family-owned agri-business, has acquired a deepwater bulk marine export terminal in Quebec City from Societe En Commandite Terminal Grains, which has been operated by Sollio Agriculture since 2021. “The addition of a Quebec City terminal is a strong fit for our...
Seaspan has put pen to paper on more containership newbuilds at Shanghai Waigaoqiao Shipbuilding (SWS) in China. The Bing Chen-led tonnage provider has booked six 10,000 teu vessels with delivery likely starting in 2028. No value has been revealed for the shipbuilding contract that was concluded in...
https://splash247.com/seaspan-books-six-containership-newbuilds-in-china/
Susannah Streeter, head of money and markets,...
A 46-year-old Canadian trucking company has been put into receivership at the request of Royal Bank of Canada (RBC), which said the carrier owes it $6.7 million.
Kingsley Trucking ceased operations on Thursday, the same day that the British Columbia Supreme Court placed the carrier into receivership due to the company’s being “unable to secure a transaction, financing, or other arrangement to address the defaults or repay the Indebtedness owing to the Bank,” according to court filings.
The...
UPS plans to acquire Andlauer Healthcare Group Inc., a Canada-based provider of cold chain logistics services for the health care sector, in an all-cash transaction for $1.6 billion, the company announced on Thursday.
UPS (NYSE: UPS), like global integrated shipping rivals FedEx and DHL, has targeted health care logistics as a primary area for growth because specialized storage and transport requirements for pharmaceuticals and biopharma products command high margins. The transaction comes on...
Tar balls have emerged on beaches near to where the MSC Baltic III remains grounded on Canada’s eastern seaboard, with the boxship remaining firmly lodged in place more than two months after it ran into difficulties. The Canadian Coast Guard has said there is still no sign of any persistent...
https://splash247.com/tar-balls-wash-up-on-canadian-shoreline-near-grounded-msc-boxship/
Seaspan Shipyards began construction today on what will become the most capable vessel in the Canadian Coast Guard’s fleet – a new heavy polar icebreaker, marking the country’s first such…
https://gcaptain.com/seaspan-cuts-steel-on-advanced-polar-icebreaker-for-canadian-coast-guard/
North American transborder freight carried by railroads declined in January from the same month the previous year even as shipments hauled by trucks increased by double digits.
Overall transborder freight totaled $134.4 billion in January, the Bureau of Transportation Statistics (BTS) said, an increase of 8.2% from January 2024.
Railroads moved $15.2 billion of that, down 2.7% y/y, while trucks accounted for $87.6 billion, up 10.2%.
While January historically is a slack period for most freight,...
https://www.freightwaves.com/news/trucks-make-january-run-for-the-border-at-railroads-expense