Freight service to Churchill slashed in half
The Port of Churchill was shuttered Monday. The next day, Omitrax announced a rail slowdown. (CBC) After closing Port of Churchill, Omnitrax cuts freight trains to once a week Freight-train service to Churchill has been cut to once a week, dealing another blow to a northern Manitoba town still reeling from the closure of its port. Omnitrax is now sending freight trains to the Hudson Bay community on Wednesdays only, scaling back freight service from two trains that arrived on
AirBridgeCargo wins rights for new US destinations
AirBridgeCargo (ABC) has won the rights to operate scheduled operations to several new destinations in the US. Documents seen by Air Cargo News show the Russian scheduled freighter airline has won the rights to operate flights from the Russian Federation to Seattle (Washington) Columbus (Ohio), Boston (Massachusetts) Washington DC and San Francisco (California) via intermediate points, which are expected to be in Europe. “With respect to the applicant’s request for exemption
Hanjin bankruptcy: S Korea throws lifeline to shipping firm
South Korea's government has said it might provide Hanjin with loans to keep the bankrupt shipping giant afloat. Officials said Seoul could give 100bn won ($91m; £68m) or more in long-term funding at low interest rates if Hanjin provided the necessary collateral. The shipping company's shares rose more than 20% on the news of a lifeline. Hanjin's collapse has left much of its fleet stranded at sea, unable to dock over fears that vessels be seized by creditors. Parent company
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