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Diminishing Arctic ice opens trade routes, commercial possibilities

When it comes to predicting the Arctic's future, we are all "skating on thin ice." Recent data taken from the National Oceanic and Atmospheric Administration's annual Arctic Report Card shows that, by 2018, the Arctic Ocean lost 95...

source: By Michelle R. Matisons
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The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending May 11, 2019. For this week, total U.S. weekly rail traffic was 529,263 carloads and intermodal units, down 3.7 percent compared with the same...

source: AAR

The cost of trade between China and the U.S. is rising. Tariffs, or taxes, on $200 billion of Chinese...

source: By Seth Sandronsky

Alberta's new energy minister says the recently elected UCP government doesn't want to be in the business of moving crude by rail. But she's still reviewing $3.7 billion worth of contracts signed by the previous, NDP...

source: CBC News

CN, through a subsidiary company, has reached an agreement to acquire the intermodal division of the Alberta-based H&R Transport Limited. "H&R is well known in Alberta and across the industry for investing in its people, systems, and assets, as well as its customer centric...

source: Canadian Shipper

Canada’s trade deficit shrank in March but not as much as expected as exports, led by the energy sector, climbed higher. Statistics Canada said recently the merchandise trade deficit for March amounted to $3.2 billion compared...

source: Canadian Shipper

DP World announced the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP). The acquisition will be effected through DP World's Canadian subsidiary, DP World Canada Investment Inc. which is owned 45 percent by Caisse de dépot et placement...

source: Canadian Shipper

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