OpenText implementing Amber Road export on-demand solution for export compliance

EAST RUTHERFORD, N.J.– Amber Road announced today that OpenText, Canada’s largest software company, is using Amber Road’s Export On-Demand solution. Prior to integrating Export On-Demand, Waterloo, Ontario, Canada-based OpenText relied on…

CN says it is in sync with Western Canada’s grain supply chain

MONTREAL, Que.– Claude Mongeau, president and chief executive officer of CN,  said that the company is continuing its record-setting pace of grain movements and remains fully in sync with the grain supply…

Over ordering risks upsetting tanker shipping party

LONDON, U.K.– A steep rise in vessel orders risks bringing the recent bonanza in oil tanker shipping to an abrupt end, according to the latest edition of the Tanker Forecaster, published…

Air Cargo Ends 2014 on a Positive Note: IATA

MONTREAL, Que.–The International Air Transport Association (IATA) released full-year air cargo data for 2014 showing 4.5% demand growth compared to 2013 measured by freight tonne kilometers (FTKs). That is a…

West Coast congestion impacting Canadian trade, says association

TORONTO, Ont.–In its bulletin posted February 3, CIFFA, the Canadian International Freight Forwarders Association, noted that it had written, on behalf of its members, an open letter to ocean carriers…

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…

Commodity prices tumble to lowest level since mid-2009: Scotiabank

TORONTO, Ont.– Scotiabank’s Commodity Price Index plunged -10.3% month-over-month (m/m) and -15.4% year-over-year (yr/yr) in December to mid-2009 levels. “A fight for market share in international oil and iron ore…

AAL launches new operation, AAL Japan

TOKYO, Japan–Global breakbulk and heavy lift operator AAL has announced the launch of a new operation in Japan – the world’s 3rd largest economy.  The strategic move is based on…

FlyUs appointed Aeroflot’s Cargo GSSA across Central America

SCHIPHOL, Neth.–Dutch-headquartered GSSA company FlyUs has been chosen as Aeroflot’s cargo GSSA in six countries across Central America.  Effective immediately FlyUs will represent the Russian national carrier in Belize, Costa…

DHL Global Forwarding completes new Chicago facility

MIAMI, Fla.–DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, has officially completed its new $35 million facility in Chicago, Illinois. The three-story building has 491,000 square-feet…