Regional News : Canada

The International Air Transport Association this week cut in half its forecast for losses in 2010 but said the airline industry’s recovery is still mostly benefiting Asian and South American carriers. “Helped by the strong year end we have cut our estimate of 2009 net losses from $11 billion to $9.4 billion,” IATA said in its monthly economic update. “More significantly we now forecast sm...

The Association of American Railroads has named Thomas Farmer assistant vice president of security, responsible for working with individual railroads and federal oversight agencies on freight rail security. Farmer joins the railroad lobby from the Transportation Security Administration, where he was acting general manager for mass transit. He also was senior counsel for intermodal program...

The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has adopted as a final rule, with changes, an interim rule that requires inspection of Canadian grown fruits and vegetables imported into the United States. The rule also removes the user fee exemption for certain commercial vessels, trucks, railcars and planes, as well as international airline passengers ente...

Logistics network Descartes Systems Group, said it had net profit of $14.3 million in its fiscal year ending Jan. 31, compared to $20.2 the prior fiscal year. Revenue in the most recent fiscal year was $73.8 million versus $66 million in the prior year. Based in Waterloo, Ontario, the company reported its results in U.S. dollars. Geographically 59 percent of revenues were generate...