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As 2013 comes to a close, CITA would like to wish its members, partners and other industry professionals a safe and happy holiday season. As we reflect on the past year for the industry, we would like to provide the readers of the CITA News Bulletin a look at the most accessed articles from the year. Our regular publication will resume Jan. 16.
Changes in the works for Canadian shipments to the US
From June 17, 2013: There are two new changes (one official and one potential) that will both help and hinder cross-border trade between Canada and the United States, according to the Canadian Trucking Alliance.
The U.S. Department of Homeland Security has announced new regulations changing potential suspensions and removals from the Customs-Trade Partnership Against Terrorism (C-TPAT) list of trusted traders. CTA says this is the good news.
Canadian Pacific posts progress on turnaround plan
From March 8, 2013: Canadian Pacific is making gains — and in some cases is ahead of schedule — in its four-year turnaround strategy, Chief Executive Officer E. Hunter Harrison said earlier this week in a speech to the J.P. Morgan Aviation Transportation and Defense Conference in New York City.
Harrison talked about the "fast track of change" the Class I has been on since he took over as CEO on July 1, 2012, following a "spirited" proxy contest that prompted the resignations of several CP executives, including President and CEO Fred Green, and board members.
The ABCs of investing in railroads: Canadian Pacific vs. Canadian National
The Motley Fool
From Aug. 19: In December 2012, Harrison told The Globe & Mail, “Canada, within 18 months, will have two of the most successful railways in the world.” It’s been about eight months since he made that statement, and we can start to measure the progress that’s been made. Let’s take a look at both Canadian Pacific and Canadian National to see how they’re managing the cost of operations and dealing with the changing price of fuel and safety costs.
Can the growth in shipping crude by rail be derailed by safety concerns?
Canadian Transportation & Logistics
From July 9, 2013: The fatal train derailment in this small town about 250 km east of Montreal will undoubtedly spark debate about the risks involved in transporting oil by rail.
In North America crude oil has traditionally been transported to markets by pipeline. In recent years, however, a combination of factors have made rail a viable alternative, as was explained in research recently published by the Canadian Transportation Research Forum.
Feds to invest $80 million in upgrades for three border crossings
April 4, 2013: The Canadian government has announced up to $80 million in funding to expand and improve three border crossings across the country.
The Lansdowne Border Crossing, located at the Canadian side of the Thousand Islands Bridge in Lansdowne, Ont., will be getting up to $60 million in infrastructure improvements, according to Gord Brown, M.P. for Leeds-Grenville. The crossing boasted more than $14 billion in two-way trade in 2012.
Hitting the moving target on fuel surcharges: A critical conversation for shippers and carriers
From Nov. 4, 2013: In a panel discussion on fuel surcharges at the CITT’s National Conference on Supply Chain & Logistics today, Lou Smyrlis, editorial director of Truck News, asked shippers, carriers, and oil industry experts to weigh in on the discussion about types of fuel surcharges and the need to re-examine the processes around them.
Smyrlis also said he hoped the discussion would “spark an understanding of the different points of view and also the desire to continue the conversation.”
Miramichi mill wants CN Railway line reinstalled
From March 7, 2013: A Miramichi mill is fighting to have a CN Railway line reinstalled after it was ripped up this week.
Miramichi Lumber had plans to ship 600 rail cars of wood chips and 100 cars of lumber per year to Saint John by train beginning this spring, said Hal Raper, the company's chief financial officer.
USDA suggests new fees at Canada-US border
From May 2, 2013: Canadian manufacturers fear even more fees may be looming at the Canada-U.S. border as the U.S. Department of Agriculture recommends revenue-generating measures that could result in higher costs.
In a presentation to stakeholders in the U.S. capital this week, the department suggested new border fees because some federal agencies, including U.S. Customs and Border Protection, are currently providing free services at America's borders.
Motor carriers miffed over delay in ACI eManifest program implementation
From March 8, 2013: Canadian motor carriers who have made the investment and put forward the effort to be early-adopters of Canada Border Service Agency’s ACI eManifest program are not pleased by the agency’s announced delay in implementation, according to the Canadian Trucking Alliance.
The CBSA officially announced the informed compliance period for the ACI eManifest program will be extended beyond May 1, 2013 — the date it had set for the program to become mandatory for all highway carriers.
Canada ranks 14th in global competitiveness for the 2nd consecutive year
The Conference Board of Canada
From Sept. 4: Canada ranks 14th overall for the second consecutive year in the 2013-14 Global Competitiveness Report, released by the World Economic Forum (WEF). The Conference Board of Canada is the Canadian Partner Institute for the WEF's Centre for Global Competitiveness and Performance, which produces the annual ranking.
Business Leaders' Perspectives; Canada's Competitiveness and Innovation Doldrums, also released, is the Conference Board's analysis of the Canadian results, and focuses on the underwhelming performance in areas such as innovation and business sophistication.
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