The recent acquisition of the Canadian and U.S. terminal business of Fednav Limited has added a major new dimension to the operations of Montreal-based LOGISTEC Corporation that Madeleine Paquin, president, and CEO, regards as a building block to still greater things in the North American marine industry.
Supply chain, capacity and decarbonization are key challenges being addressed.
Two significant developments – one already announced and the other to come soon – will have an impact on a bustling breakbulk market in Canada.
Situated in a remote location in northern British Columbia, there appears to be no stopping of the momentum driving the Port of Prince Rupert in recent years.
In the past few years, Canada’s leading pension plans have been allocating more and more investments abroad to port and other infrastructure projects. One can now add to the list recent forays into offshore wind projects, notably in the United States and Europe.
The second largest country in the world after Russia, Canada benefits from vast areas offering abundant wind resources with significant potential for the expansion of wind-generated power.
Canada’s major container ports on both coasts eyeing expansion.
The bi-national St. Lawrence Seaway, which links the Atlantic Ocean to the industrial heartland of North America, showed considerable resiliency in facing the pandemic challenges of 2020 and 2021.
As a continental gateway, the St. Lawrence River has been the scene of many developments in the past few years.
With supply change issues continuing to prevail in Canada, transportation providers are paying increasing attention to offering warehouse space through distribution centers to boost resiliency and competitiveness.
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