The Transportation Safety Board of Canada (TSB) says the Zim Kingston accident in 2021 raises questions about the adequacy of Canadian resources in emergencies that could pose risks to marine vessels, the environment and the general public. TSB issued that warning during a news conference Wednesday releasing its investigation into the accident. In October 2021,…
CALGARY, Alberta — Canadian Pacific Kansas City had a gangbuster second quarter asmerger-related traffic synergies kicked in faster than expected and boosted revenue and profits,executives said on Tuesday.Although freight demand remains soft, CPKC has been able to create its own opportunitiesthanks to last year’s combination of Canadian Pacific and Kansas City Southern, CEO KeithCreel says….
CALGARY, Alberta — With labor negotiations at a standstill, a Canadian rail strike is likely tooccur in late August, Canadian Pacific Kansas City CEO Keith Creel said Tuesday.CPKC and the Teamsters Canada Rail Conference are still talking but remain far apart on a newcontract, Creel said on the railway’s second quarter earnings call.The Canadian Industrial Relations…
New data from Xeneta shows airfreight returned to normal levels just nine days after the July 19 CrowdStrike Windows outage. Thousands of flights were canceled at a time when airfreight demand is soaring, creating concern among logistics managers. Wenwen Zhang, airfreight analyst at Xeneta, tells American Shipper that the cargo backlogs caused by the IT…
The U.S. trade representative (USTR) announced Tuesday a two-week delay on the start of steep tariff increases for a variety of imports from China, including a 25% duty hike on Chinese-made ship-to-shore cranes. The tariffs, which were set to take effect Thursday, are now under further review. The final determination is expected in mid-August, with…