CMA CGM targets auto sector via Ceva ro-ro transhipment services
Transporting finished vehicles appears to have become a new growth bet for cash-rich mega-container lines ...
© Madscica
The port of Saint John has raised fresh funding for its expansion plans, just as Canadian Pacific (CP) bags CMA CGM traffic for more growth.
Both the federal government in Ottawa and the province of New Brunswick have dug up funds to support its expansion and are pumping C$37.8m (US$29.9m) into the project, which will add a second berth and rail track to more than double rail capacity.
Transport Canada is allocating C$21m to increasing port capacity and pouring another C$21.16m into ...
Comment on this article