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Huffington Post
The sudden escalation in the U.S.-China trade war could have serious consequences for Canada, according to economists at the Bank of Montreal.
In a client note recently, they predicted that, if all the tariffs the U.S. and China are threatening actually happen (which certainly seemed possible as of Tuesday afternoon), it would shave 0.8 percentage points off Canada's economy.
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Canadian Shipper
Canada’s trade deficit shrank in March but not as much as expected as exports, led by the energy sector, climbed higher.
Statistics Canada said recently the merchandise trade deficit for March amounted to $3.2 billion compared with $3.4 billion in February.
Economists had expected a deficit of $2.45 billion, according to Thomson Reuters Eikon.
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By Seth Sandronsky
 The cost of trade between China and the U.S. is rising. Tariffs, or taxes, on $200 billion of Chinese imports to the U.S. rose from 10% to 25% one minute after midnight on May 10. "The tariff increase inflicts significant harm on U.S. industry, farmers and consumers," Douglas K. Barry, director of communications and publications for the U.S.-China Business Council, told MultiBriefs in an email. "American agricultural exports to China are particularly impacted. According to our recent survey, some states' exports were down 50%. The entire American agricultural sector is feeling the stress."
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Canadian Shipper
A top Trump administration cabinet member says the end of punishing steel and aluminium tariffs on Canada and Mexico is close at hand.
"I think we are close to an understanding with Mexico and Canada," Treasury Secretary Steven Mnuchin said, as Foreign Affairs Minister Chrystia Freeland met with Trump trade czar Robert Lighthizer in a renewed push to get the tariffs lifted.
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Securiguard maintains a highly trained and fully certified K9-unit featuring dogs skilled in narcotic/explosive detection. Whether our clients are based on land, at sea or in the air, our services ensure added safety and peace of mind. Visit us at the Cargo Logistics Expo
in Vancouver, BC at booth #425 on Feb 5-7!
Learn more
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Valuepart Worldwide
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At Valuepart, we know the importance of providing you with fast availability of our quality undercarriage and repair parts inventory. This is why we maintain one of the largest North American networks of Depots and Warehouse facilities in the industry.
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Canadian Shipper
Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars with Amazon.
The nation's largest retailer said it's been building a network of more efficient e-commerce distribution centres to make that happen.
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AAR
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending May 11, 2019.
For this week, total U.S. weekly rail traffic was 529,263 carloads and intermodal units, down 3.7 percent compared with the same week last year.
Total carloads for the week ending May 11 were 258,641 carloads, down 3.1 percent compared with the same week in 2018, while U.S. weekly intermodal volume was 270,622 containers and trailers, down 4.3 percent compared to 2018.
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Progressive Railroading
CSX Corp. recently honored 70 customers with the company's Chemical Safety Excellence Award for being committed to the safe transportation of hazardous materials.
Each year, the award honors customers who safely ship more than 600 carloads of hazardous materials during the prior year without a release due to controllable factors. Now in its 25th year, the program recognizes customers committed to safe procedures, such as securing valves and closures properly, and safe loading.
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CBC News
Alberta's new energy minister says the recently elected UCP government doesn't want to be in the business of moving crude by rail. But she's still reviewing $3.7 billion worth of contracts signed by the previous, NDP government, which analysts have suggested might not be so easy to break.
Sonya Savage says the new government is going through the commitments, which are complicated, and looking at all options.
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CP
Canadian Pacific is proud to report strong network performance and momentum as it exits a record-setting April.
On the strength of CP's service and commitment to innovation in the grain supply chain, including investing in new high-capacity hopper cars, April was an all-time record month for Canadian grain and grain products. CP moved a best-ever 2.643 million metric tonnes of Canadian grain and grain products this past month, bettering the previous record from October 2018.
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Canadian Shipper
Ontario will be raising speed limits to 110 kilometres an hour on sections of three 400-series highways as part of a pilot program that could lead to limits being increased across the province.
Transportation Minister Jeff Yurek, who announced the pilot, said the government will also be holding consultations on the project that's set to begin in mid-September.
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Canadian Shipper
CN, through a subsidiary company, has reached an agreement to acquire the intermodal division of the Alberta-based H&R Transport Limited.
"H&R is well known in Alberta and across the industry for investing in its people, systems, and assets, as well as its customer centric services and best in class operations, all of which is aligned with CN's strategy to expand our presence in moving consumer goods," said JJ Ruest, president and chief executive officer of CN.
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Air Cargo Week
Cargojet has partnered with award-winning Canadian artist Drake who will act as a company ambassador, and receive assistance with logistics requirements.
Drake has been a longstanding supporter of the Canadian airline, which specialises in overnight services, having been first introduced to Cargojet during celebrations of its first Boeing 767-300F.
The artist says: "Supporting home grown businesses has always been a top priority of mine, so when an opportunity came up to get involved with a great Canadian company I was honoured to do so."
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By Matt Falcus
 Construction has begun on the first phase of the next major expansion at Germany's largest airport in Frankfurt, which will dramatically increase the airport's capacity, create thousands of new jobs, and a bring boost to the national and regional economies. Terminal 3 has been in the preparation stage for a number of years, with the building's basement level works already completed. Now, the cornerstone of the above-ground works have been laid by Fraport AG, the airport's operator, and it hopes to have the terminal's first pier in operation within two years.
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ILWU Local 500
The results of the strike vote held May 8-9, 2019 show 98.4 percent in favour of supporting strike action agains the member companies of the BC Maritime Employers Association, if necessary.
Click the 'Read More' link to see the bulletin.
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Canadian Shipper
DP World announced the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP). The acquisition will be effected through DP World's Canadian subsidiary, DP World Canada Investment Inc. which is owned 45 percent by Caisse de dépot et placement du Québec (CDPQ) DP World expects the transaction to close in the first half of 2019.
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Progressive Railroading
The Prince Rupert Port Authority earlier this week completed a master plan for expanding container terminal capacity and development at the Port of Prince Rupert in British Columbia, Canada.
Completed in partnership with AECOM, the plan identifies the long-term potential to develop 6 million to 7 million 20-foot equivalent unit (TEU) capacity by developing multiple terminals at the port, authority officials said in a press release.
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The Maritime Executive
Five ocean carriers have joined the Digital Container Shipping Association as members: CMA CGM, Evergreen Line, Hyundai Merchant Marine, Yang Ming Marine Transport Corporation and ZIM Integrated Shipping Services.
They join A.P. Moller — Maersk, Hapag-Lloyd, MSC and ONE in the association which aims to enable digital standardization in the container shipping industry.
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Canadian Shipper
The Port of Halifax contributed $1.97 billion to the economy of Halifax and Nova Scotia from operations in 2017-18, up 15 per cent from the previous year, according to a new economic impact report produced by Chris Lowe Planning and Management Group.
Through the Port of Halifax in 2017, Nova Scotia container exporters contributed over $2.58 billion to the province’s gross output.
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The Loadstar
El Niño is having a major impact on container traffic through the Panama Canal this year.
From May 28, the canal operator is going to reduce the draught at its Neopanamax locks to 43 feet, the latest in a series of depth reductions that have brought the permitted level down from 50ft at the beginning of the year.
The region is suffering from a protracted drought that has decimated the water in a lake that is used to top up water levels in the canal.
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