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Bloomberg News via Financial Post
The Canadians with the most to lose in NAFTA negotiations have a message for Justin Trudeau: Don't let Donald Trump blow the thing apart.
Key industry groups, companies and stakeholders are urging the prime minister to "do no harm" to the North American Free Trade Agreement while seeking updates on labor mobility, rules of origin and e-commerce. With Trudeau's team remaining tight-lipped on its own priorities, the submissions to his government offer the best glimpse of the northern partner's perspective.
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The Globe & Mail
It hasn't been a good recent week for Canadian business.
Petronas, Malaysia's state-run oil company, announced it was abandoning its $36-billion liquid natural gas project in British Columbia, eliminating thousands of potential jobs. It joins other major global energy investors, such as ConocoPhillips and Royal Dutch Shell, that have recently scaled back or sold off their Canadian operations.
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Netral English
Salt has a long history with humans and has been used since ancient times to preserve and nourish food. In fact, ancient civilizations are often found near sedimentary salts. Global trade has been driven by demand for salt and some cultures, even used as a currency.
At present, salt continues to hold a prominent position in international trade and many countries are working to extract it.
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Bain & Company
The North American Free Trade Act (NAFTA) could undergo radical changes at the hands of the Trump administration. Even though many trade experts argue the legislation is obsolete because it excludes important sectors, such as services, finance and largely digital companies, a renegotiation of NAFTA — or at the extreme, withdrawal — could reduce net income for U.S.-based companies with North American supply chains by $9 billion.
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Sandler, Travis & Rosenberg
The U.S., Canada, and Mexico are looking to move quickly to revamp NAFTA before political challenges in 2018 make it more difficult. The first round of talks will be held Aug. 16-20 in Washington, D.C., and the second round has reportedly been scheduled for Sept. 1-5 in Mexico City. Press sources indicate that negotiators are planning to meet seven times through the end of the year, approximately every three weeks, with trade ministers taking the lead on the last day of each round.
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RailwayAge
Growing concerns by shippers regarding service issues with CSX have prompted a response by regulators.
Recently, the Surface Transportation Board sent a letter to Hunter Harrison, Chief Executive Officer of CSX, expressing concerns about deteriorated service resulting from the railroad's recent operating changes.
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Progressive Railroading
Canadian Pacific released its 2016 corporate sustainability report.
The document outlines the railroad's commitment to "long-term value creation and sustainable operations," CP officials said in a press release.
The report shares progress that the Class I has made since 2014, when its last sustainability report was published. The latest report notes that CP has logged a 15.5 percent reduction in annual greenhouse gas emissions since 2015.
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RailwayAge
According to author William C. Vantuono: CSX President and CEO E. Hunter Harrison, our two-time Railroader of the Year, reached out to me personally following publication of my blog, in this space, asking about the events at CSX since he took over the railroad. What I wrote was based solely on correspondence I received from various stakeholders. I promised Hunter that I would publish his response, unedited, and he could use as much space as needed.
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Cision
CN has announced that the Teamsters Canada Rail Conference — Conductors, Trainpersons and Yardpersons union that represents the company's conductors and yard crews in Canada has ratified a new collective agreement with the company.
The three-year agreement retroactive to July 23, 2016, provides wage increases and benefit improvements to approximately 3,000 conductors.
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Progressive Railroading
The Federal Transit Administration has issued a record of decision for a project to replace Amtrak's Portal Bridge in New Jersey.
The document formally adopts the Federal Railroad Administration's environmental impact statement for the project, which involves replacing a century-old swing bridge over the Hackensack River in New Jersey with a high-level fixed bridge.
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By Delany Martinez
 Long-haul trucking has been in the midst of a staffing crisis for some years now, with numbers of available candidates dwindling and driver turnover hovering near a staggering 80 percent across the board. Faced with this issue, some companies have chosen to pursue the route of innovation. Other truck-driving companies have chosen to stay the course, but find themselves with a particularly troublesome roadblock looming: electronic logging device mandates.
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Truckinginfo
It appears Elon Musk's Tesla electric Class 8 tractor will be designed from the ground up with autonomous platooning capability.
That’s the take-away from an email exchange between the Tesla chief executive office and the state of Nevada, as reported by Reuters.
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Canadian Trucking Alliance
The value of U.S.-Canada freight flows increased by 11.4 percent to $51.2 billion between May 2016 and May 2017 as the value of freight on all five major modes increased from a year earlier. The value of freight carried on pipeline increased by 66 percent, vessel by 26 percent, rail by 9.8 percent, air by 9.7 percent, and truck by 5.4 percent.
Trucks carried 57.8 percent of the value of the freight to and from Canada. Rail carried 16.4 percent followed by pipeline, 10.5 percent; air, 4.5 percent; and vessel, 3.8 percent.
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Truckinginfo
Meritor, in the midst of a three-year push to unveil 20 significant new products as part of its growth strategy, is also looking to a not-so-distant future where electrification will be a major factor in commercial trucks.
Speaking this week on CNBC's "Mad Money," Meritor CEO Jay Craig talked about the company's history, the success of its three-year M2016 turnaround strategy, its current M2019 three-year strategy, and the importance of longer-term strategy.
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Air Cargo News
The Dakosy FAIR@Link Cargo Community Platform at Frankfurt Airport has expanded its range of import and export services.
For imports, freight forwarders can now receive flight manifest data from the airlines via the integrated FAIR@Link dashboard, including status reports on incoming flights and air waybills, allowing the necessary resources to be planned in a timely manner.
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Air Cargo Week
The strengthening global economy fuelled growth of 11.1 per cent in airfreight in May, according to the Airports Council International (ACI).
ACI says after a period of economic uncertainty regarding US trade policy and risks related to the UK's vote to withdraw from the European Union, global commerce is "no longer sidelined."
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TheStreet
The air cargo business is booming, thanks to improved global trade, and the impending expansion of Amazon.com Inc.'s Prime Air cargo carrier seems likely to fuel further growth.
In the first half of 2017, global air freight volume grew 10.4 percent, the strongest first-half performance since the industry's 2010 rebound from the global financial crisis and nearly triple the growth rate over the past five years, according to the International Air Transport Association.
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Air Cargo Week
Air cargo's strong performance in the first half of 2017 was confirmed with year-on-year growth of 11 per cent in June, the International Air Transport Association says.
Freight tonne kilometres were up 10.4 per cent in the first half, the strongest first half-year performance since air cargo's rebound from the Global Financial Crisis in 2010, and nearly triple the industry’s average rate of 3.9 per cent over the last five years.
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Quartz
Driverless cars. Pilotless planes. What about crewless ships?
Shippers and shipbuilders are exploring how to make autonomous ships a reality. The benefits could be plentiful. In theory, these ships could help lower fuel use and labor costs. Some 90 percent of world trade is transported by sea, which means the shipping costs of our coffee, televisions, and sneakers could decline if cargo was shipped in self-steering vessels.
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SouthCoastToday.com
Both the potential users and operators of a ferry freight service from New Bedford to Martha's Vineyard have expressed interest in re-establishing the route that last set sail 15 years ago.
But the multimillion-dollar question remains: Where would it call home?
The Woods Hole, Martha's Vineyard and Nantucket Steamship Authority's port council received an update from Craig Johnson, a partner in the Florida-based maritime executive search firm Flagship Management, which has been hired to study resuming the service.
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