auto
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EDC finances Mexican OEM supplier Metalsa
OTTAWA, Ont.–Export Development Canada (EDC) announced a USD $100 M financing deal with Metalsa, S.A de C.V. (Metalsa), a Mexico-based OEM producer of automotive structures such as chassis, suspension, cradles and stamping. The financing will be used for general corporate…
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WWL vehicle services Americas expands in Mexico
LYSAKER, Norway– Wallenius Wilhelmsen Logistics (WWL) has expanded its Mexico operations with the acquisition of integrated logistics provider Carlogistics. The expansion adds two facilities and nearly 100 employees to WWL’s auto logistics network in Mexico. Processing centers in Cuautitlan (just…
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CITT announces elections to Board of Directors
TORONTO, Ont.–The following CITT-certified Logistics Professionals (CCLPs) in good standing were elected to the CITT Board of Directors at the 56th Annual General Meeting of members held in Calgary on October 23rd, 2014 during Canada Logistics Conference 2014 presented by CITT.…
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Continued economic strength ahead, senior Scotiabank economist predicts
MISSISSAUGA, Ont.– Leading economic indicators are pointing towards continued economic growth and favourable conditions for motor carriers. That was the upbeat message from Carlos Gomes, senior economist with Scotiabank, when providing an economic outlook at the sold-out Surface Transportation Summit…
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Georgia Ports Authority tops 3 million TEUs
SAVANNAH, Ga.– The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014, the port announced. “The board and staff…
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Commodity prices edge down in June: Scotiabank
TORONTO, Ont.–Scotiabank’s Commodity Price Index inched down by 0.7% month-over-month (m/m) in June, but has climbed 8.9% from last December’s low — led by stronger oil and gas prices. “The Metal and Mineral sub-Index retreated in June, but will rally…
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Accenture enhances its air cargo pricing software
NEW YORK, N.Y.—Accenture has released a new version of its Air Cargo Pricing software designed to help air cargo carriers better compete. Part of the Accenture Freight and Logistics Software portfolio, Accenture Air Cargo Price 6.4 offers air carriers more…
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More to be done on rail safety: Unifor
TORONTO, Ont.–Unifor National President Jerry Dias is calling on the federal government to take measures to better regulate the rail industry, in light of the anniversary of the Lac Mégantic disaster. “There should have been a public inquiry into why…
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A police officer’s view of cargo crime
TORONTO, Ont. – In the grand scheme of things, Trevor Archibald knows that there is no way to be completely successful at his job, but rather than discouraging him, he turns each small, individual victory into a driving force that…
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Chairman elected for Georgia Ports Authority
SAVANNAH, Ga.–The Board of Directors of the Georgia Ports Authority has elected James A. Walters of Gainesville to serve as chairman. “Jim’s background in business and economic development make him a strong choice to lead the GPA,” said outgoing Chairman…