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Canada seeks rail service improvements for export grain
The governments of Alberta and Saskatchewan are calling on the Canadian government to increase railroads' accountability for a grain-movement backlog in Western Canada.
The Saskatchewan government wants the feds to immediately oversee negotiations between grain companies, CN and Canadian Pacific to establish parameters for moving grain from production points to ports for export. The Canadian grain industry is dealing with a bumper crop.
Related story: NTSB: Rail cars used to ship oil are "unacceptable public risk"
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Irving Oil sets tank car conversion plan
Saint John, New Brunswick-based Irving Oil Ltd. announced plans to voluntarily convert its older DOT-111 tank cars used in crude-by-rail business — which has soared in recent years — to meet higher recommended safety standards by the end of April.
Irving Oil also will ask its suppliers to adhere to these standards — Association of American Railroads CPC-1232 — by the end of the year, President and CEO Paul Browning said in a statement.
St. Lawrence College receives major gift from RBC Foundation to support new academic programs
St. Lawrence College
RBC Foundation is investing $50,000 through the Difference We Make campaign at Ontario's St. Lawrence College. The gift will advance the college's efforts to support the growing supply chain and logistics sector in the region. RBC Royal Bank presented the gift during a special reception for leaders of the supply chain sector held at the college.
US follows Canada's lead in rail safety regulations for crude oil
The Globe and Mail
U.S. regulators are ordering shippers to test all crude oil drawn from the Bakken formation before moving it by rail, in response to a series of fiery train explosions.
The emergency order, issued by the U.S. Department of Transportation, also requires all crude to be classified in one of two higher-risk categories, even if test results indicate it is less dangerous. The rules are meant to deal with growing concern about the safety of moving volatile crude oil by rail after the devastating accident in Lac-Mégantic, Quebec.
Railroads act to reduce crude-by-rail risks
U.S. railroad operators have agreed new safety procedures to reduce the number of fiery derailments involving crude-carrying trains and cut the risk of a catastrophic explosion in a densely populated urban center.
The agreement between the Association of American Railroads and the U.S. Department of Transportation builds on safety enhancements many rail operators had already implemented individually.
Report: Canadian commercial vehicle registrations softened in 2013
Canadian commercial vehicle registrations were down 5.7 percent in 2013, with increases recorded only in the provinces of Prince Edward Island and British Columbia.
A recent analysis from Polk showed Classes 3-8 commercial vehicle registrations in 2013 totaled 78,700 units, down from 83,500 units in 2012.
Class 3 vehicles led the way, representing 40 percent of new registrations. Class 8 vehicles represented 37.6 percent of new registrations, but were off 11.7 percent compared to 2012.
Trucking increases share of total NAFTA trade in December
Trucking increased its dominance over other transportation modes when it comes to hauling freight between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico.
A new U.S. Transportation Department report shows trucks carried 57.2 percent of the $90.1 billion of U.S.-NAFTA trade in December 2013, accounting for $26.3 billion of exports and $25.2 billion of imports.
Peace Bridge to pilot new border-crossing program for trucks
Canada and the U.S. have announced a one-year pre-inspection pilot program to be conducted at the Niagara River's Peace Bridge, which if successful could allow for the pre-clearance of trucks at certain border crossings.
The Canadian Trucking Alliance said the new pilot marks the culmination of years of negotiations between the two countries.
A commitment to conduct a pre-inspection pilot was first outlined in the Beyond the Border Action Plan.
Cargojet shares soar after awarded Canada Post domestic air cargo contract
Shares in Cargojet soared following news the Toronto-area company has been awarded a multi-year contract to provide domestic air cargo services to Canada Post and its Purolator division.
By mid-day, Cargojet shares were up more than 22 per cent, or $3.24, at $17.60 on the Toronto Stock Exchange. Earlier in the morning, it had reached as high as $19.25.
The cargo carrier, based in Mississauga, Ontario, says projected revenues from the contract are estimated to be approximately $1 billion during the initial seven-year agreement, based on projected volumes.
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Free trade benefits airfreight
Air Cargo World
With more than 80 percent of global purchasing power situated abroad, international trade is vitally important not only to our own industry, but to the U.S. economy as a whole.
To those of us who move freight across borders, the value of international trade agreements — which eliminate artificial barriers to trade such as tariffs, quotas and protective subsidies — may seem like a no-brainer.
US Federal Maritime Commission reportedly likely to approve P3 Alliance
The U.S. Federal Maritime Commission is expected to approve an alliance among the world's three biggest container lines by the end of March, but will attach conditions to help protect smaller competitors, freight forwarders and fuel providers on the busiest trades, according to sources of the Wall Street Journal.
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