Financial performance
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Air Canada agrees to $5.9 billion aid package
Rescue deal will give the government a six percent equity stake in the airline
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FedEx quarterly profit nearly triples on online shopping boom
CEO says vaccine deliveries the company’s most important role ever
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DP World 2020 profits drop 29 percent
Revenue in 2020 climbed 11 percent to $8.53 million attributed to acquisitions
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Martinrea executives deride pandemic travel restrictions
Executives at auto parts manufacturer Martinrea say it’s “time to move on” and recognize the “good things happening,” despite employee deaths from the novel coronavirus
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Global logistics recovery leads other sectors
Trade activity across transport and logistics supply chains grew 10 percent in the fourth quarter of 2020
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Shopify doubles fourth quarter revenue
Strengthening fulfilment network and targeting international brands will be next focus
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Maersk reports a rebound
The Copenhagen-based company reported a net profit of US$1.3 billion in the fourth quarter of last year
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Logistics execs think recovery will take years
Pandemic fallout to weigh on global economy even as some regions rebound, survey indicates
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Montreal airports up landing fees
Cargo flights see an increase April 1
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CN says outlook rosy for 2021
Net income surged 17 percent in the fourth quarter, buoyed by shipments of grain