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CSX launches Valleyfield intermodal terminal

2014-12-22

Greg Wight, President and CEO of Algoma Central Corporation since 2008  recently announced to employees his plan to retire from the Corporation during the 1st quarter of  2015.
Mr. Wight joined the Marine Division of Algoma Central Railway in January 1980 as the Division's Controller. At that time, Algoma's Marine Division owned and operated 12 Great Lakes vessels and had revenues of $66 million.
Today, as CEO, Greg heads an organization that owns and operates 33 Great Lakes vessels and has interests in ocean shipping and real estate. In 2013 the Corporation reported revenues of $500 million.
Mr. Wight  rose steadily in the Company, holding a variety of financial roles, eventually moving to St. Catharines in 1996 following the sale of the Algoma Central Railway and the consolidation of the Company's marine operations in the city.
In addition to his responsibilities at Algoma and a number of positions with industry related organizations
"Come January, I will have been with Algoma for 35 years," Mr. Wight said "and I could not have asked for a better Company or group of people to work with. Algoma has risen to be the largest owner and operator of Canadian flag vessels on the Great Lakes - St. Lawrence Waterway. The Company prides itself on its contribution to the Canadian economy and on the role it plays in the communities in which employees live and work."
Mr. Wight continued, "Algoma is a very strong company that has been recognized as one of Canada's Best Managed Companies in both 2012 and 2013."
"Greg deserves tremendous praise for his contributions to the company", said Duncan Jackman, Chairman of the Board of Directors of Algoma.  "His leadership and focus have been so important to the success of Algoma, particularly during a period of such economic uncertainty.  Greg's accomplishments extend to the fleet renewal program he championed, which leaves Algoma well positioned for future success."
The Board of Algoma has engaged an executive search firm to assist them in the process of selecting Mr. Wight's successor and will consider both internal and external candidates for the role.
(Photo ACC)Greg Wight soon retiring from Algoma

Large U.S. rail carrier CSX has announced the opening of a new intermodal terminal in Salaberry-de-Valleyfield near Montreal, Québec. The facility expands CSX's intermodal network capacity and offers Canadian customers domestic and international service that connects with the railroad's 21,000 mile network in the United States.

"CSX continues to invest in our intermodal business as a key growth driver and we look for long-term opportunities, such as increased north-south trade access outlined by the North American Free Trade Agreement," says Clarence Gooden, Executive Vice President and Chief Commercial Officer at CSX, which is based in Jacksonville, Florida. "Opening a terminal near Montreal creates an opportunity to build relationships with new customers on our network, expand access to new markets, and improve the efficiency of the North American supply chain."

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Jean-Philippe Brunet président
du conseil d'administration
d'Armateurs du Saint-Laurent

Jean-Philippe Brunet becomes
SLS Chairman of the Board

Jean-Philippe Brunet becomes SLS Chairman of the Board
2014-12-17

Armateurs du Saint-Laurent (ASL) est heureux d'annoncer que M. Jean-Philippe Brunet a été nommé président de son conseil d'administration.

Membre du conseil d'administration d'ASL depuis 2012, M. Brunet amène avec lui une expertise notable en matière de transport maritime domestique, puisqu'il occupe également les postes de  vice-président exécutif, affaires corporatives et juridiques chez Groupe Océan et de président de l'Association des propriétaires de remorqueurs de l'Est du Canada.

Titulaire d'un baccalauréat en droit de l'Université de Sherbrooke, Jean-Philippe Brunet est avocat et membre du Barreau du Québec depuis 1998. Avant son arrivée chez Océan, il a ?uvré dans des postes stratégiques, notamment au Ministère des Transports du Québec et dans le domaine des pâtes et papiers.

M. Brunet succède à M. Daniel Bélisle, vice-président senior chez Oceanex, qui présidait le conseil d'administration  depuis 2012. Armateurs du Saint-Laurent remercie chaleureusement M. Bélisle pour son leadership, son travail et son implication au sein de l'association et lui souhaite une retraite à la hauteur de ses aspirations.

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Greg Wight soon retiring from Algoma

2014-12-16

Greg Wight, President and CEO of Algoma Central Corporation since 2008  recently announced to employees his plan to retire from the Corporation during the 1st quarter of  2015.
Mr. Wight joined the Marine Division of Algoma Central Railway in January 1980 as the Division's Controller. At that time, Algoma's Marine Division owned and operated 12 Great Lakes vessels and had revenues of $66 million.
Today, as CEO, Greg heads an organization that owns and operates 33 Great Lakes vessels and has interests in ocean shipping and real estate. In 2013 the Corporation reported revenues of $500 million.
Mr. Wight  rose steadily in the Company, holding a variety of financial roles, eventually moving to St. Catharines in 1996 following the sale of the Algoma Central Railway and the consolidation of the Company's marine operations in the city.
In addition to his responsibilities at Algoma and a number of positions with industry related organizations
"Come January, I will have been with Algoma for 35 years," Mr. Wight said "and I could not have asked for a better Company or group of people to work with. Algoma has risen to be the largest owner and operator of Canadian flag vessels on the Great Lakes - St. Lawrence Waterway. The Company prides itself on its contribution to the Canadian economy and on the role it plays in the communities in which employees live and work."
Mr. Wight continued, "Algoma is a very strong company that has been recognized as one of Canada's Best Managed Companies in both 2012 and 2013."
"Greg deserves tremendous praise for his contributions to the company", said Duncan Jackman, Chairman of the Board of Directors of Algoma.  "His leadership and focus have been so important to the success of Algoma, particularly during a period of such economic uncertainty.  Greg's accomplishments extend to the fleet renewal program he championed, which leaves Algoma well positioned for future success."
The Board of Algoma has engaged an executive search firm to assist them in the process of selecting Mr. Wight's successor and will consider both internal and external candidates for the role.
(Photo ACC)Greg Wight soon retiring from Algoma

Greg Wight, President and CEO of Algoma Central Corporation since 2008 recently announced to employees his plan to retire from the Corporation during the 1st quarter of  2015.

Mr. Wight joined the Marine Division of Algoma Central Railway in January 1980 as the Division's Controller. At that time, Algoma's Marine Division owned and operated 12 Great Lakes vessels and had revenues of $66 million.

Today, as CEO, Greg heads an organization that owns and operates 33 Great Lakes vessels and has interests in ocean shipping and real estate. In 2013 the Corporation reported revenues of $500 million.

Mr. Wight rose steadily in the Company, holding a variety of financial roles, eventually moving to St. Catharines in 1996 following the sale of the Algoma Central Railway and the consolidation of the Company's marine operations in the city.

In addition to his responsibilities at Algoma and a number of positions with industry related organization.

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Grain and steel driving              Seaway surge

2014-12-12

St. Lawrence Seaway cargo shipments in 2014 are expected to finish well ahead of 2013 after an exceptional year in grain exports and steel imports. The final throughput at the end of December is expected by Seaway officials to approach 39 million tonnes - pre-recession levels - versus the 2013 total of 37 million tonnes.

According to Canada's St. Lawrence Seaway Management Corporation, total shipments reached 34.6 million tonnes for the period from March 25 to November 30 - up 5 per cent over the same period last year. Vessel transit were down slightly at 3,452.

Grain shipments (Canadian and U.S.) tallied 10.1 million tonnes, up 44 per cent over 2013. This total included the most Canadian grain routed through the Seaway for that period in 13 years. A surge in Prairie grain throughout the year has the Port of Thunder Bay on track for its best season in 16 years. Ontario grain exports through ports such as Hamilton, Windsor, Goderich and Port Colborne have also been up significantly this autumn.

Renewed construction activity and automotive manufacturing in Canada and the U.S. lifted steel shipments by 80 per cent this season to 2.2 million tonnes.  The ports of Oshawa, Hamilton and Windsor have all seen major increases in steel imports.

Nearly 2 million tonnes of new business also helped to offset decreases in iron ore and coal shipments this year of respectively 11.7% and 30%. General cargo, including steel and project cargo, was up an impressive 81%.   (Photo Paul Beesley)

 
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