Port traffic volumes increased 6.5% in 2021, mainly driven by North America and South Asia, but all regions showed significant growth rates, according to Drewry. However, the Maersk company stressed that the strong increase in demand tested the flexibility of the supply side of the logistics industry and
South Korea has 17 FTAs in force involving 57 countries, including most recently one with the United Kingdom and another with five Central American countries, based on data as of July 2021, according to a US Congressional report. This country has also concluded, but has not yet ratified,
Lumentum, an American company that manufactures optical and photonic products, noted that lasers are increasingly used in industries. This company recorded revenues of 1,743 million dollars in the fiscal year ended July 3, 2021, with net profits of 397 million dollars. As technology advances, industries such as consumer
Yield10 Bioscience, an agricultural bioscience company, is looking to replicate the success of canola in Canada on camelina. Today, canola is grown on 20 million acres in Canada and is estimated to generate around US$25 billion for the Canadian economy, according to the Canola Council of Canada. Camelina
Bombardier reported that it continued in 2021 with enhancements to its global customer service network, including the expansion of Bombardier’s network of service centers in Berlin, Miami, London-Biggin Hill, Singapore and the new service center under construction in Melbourne, Australia. In this regard, Bombardier expects to diversify its
Canadian Pacific Railway Limited’s investments in rail, locomotives and other capital expenditures totaled CAD1,551 million in 2021. Such amount was 8.1% lower compared to its 2020 benchmark and 6.8% lower compared to 2019. For starters, additions of $970 million in 2021 (2020: $1,161 million), approximately $907 million (2020: