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New Army campaign inspires young Americans to take the first step to “Be All You Can Be”

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/Zr1Os51K6G8 On August 21, the U.S. Army unveiled “First Steps,” a new campaign that shows young Americans how they can start their journey to service. The campaign is built on the premise that American youth don’t need to have everything figured out from the beginning to make an impact. Taking a chance is the first step to achieving your goals. The campaign is a continuation of the “Be All You Can Be” brand refresh, which launched in March 2023. The new campaign offers an up-close, personal, and unfiltered look at Soldiers embarking on some of the most powerful experiences in their early Army journeys, including arriving at basic training, receiving their first patch, and hitting their first target from a battle tank. Maj. Sam Winkler is a shining example of where your first steps can take you in the U.S. Army. After immigrating to the United States from Nepal, she took her own first step: enlisting in the Army at 17 years old. Now, as a Soldier and a mom, she has used her passion for family to help lead a first grassroots effort transforming the way the U.S. Army supports parents in the force. Her efforts, in collaboration with other Army parents, led to the development of the Army’s Directive 2022-06: Parenthood, Pregnancy, and Postpartum. Twelve policy changes address key issues like family care planning, fertility treatments, paid parental leave, support in returning to work, and more. On August 30, Maj. Winkler conducted a nationwide media tour discussing the campaign and the limitless opportunities in the Army for youth to find their purpose, explore their passions, build connections, and join a community. Topics Maj. Winkler discussed included: The Army’s new “First Steps” campaign Her path to Army service and the many firsts along the way Her work to improve Army life for parents through the Directive on Parenthood, Pregnancy, and Postpartum The limitless possibilities and benefits available to Army Soldiers and their families To learn more, visit: https://www.goarmy.com/ Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 04, 2023 08:00 AM Eastern Daylight Time

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AI for good: Voxel AI tech is saving industrial workers’ lives as it increases funding to $30m with strategic funding round

Voxel

Every year over 340m workers suffer a workplace injury: slips and falls, strains and sprains, vehicle collisions and crashes. Voxel, an AI startup using computer vision to transform safety and operations in the workplace, is today announcing a $12m strategic funding round to improve workplace safety and save lives. The strategic funding round was led by global manufacturing industry leader Rite-Hite with participation from existing investors Eclipse Ventures and World Innovation Lab. This takes total funds raised to $30m since 2020. In the US, manufacturing, logistics, and physical operations are the lifeblood of the economy, with over 25 million individuals at the frontlines, contributing to 40% of the nation’s GDP. However, with massive output comes the persistent challenge of workplace injuries and operational inefficiencies. Now, artificial intelligence is revolutionizing the field of environment, health and safety (EHS) in industrial operations. Voxel integrates state-of-the-art computer vision technology into existing security cameras to identify hazards, risky behaviors, and operational inefficiencies across a diverse range of workplaces. Once potential risks, such as near-miss vehicle collisions, blocked exits, improper ergonomics,or spills, are identified, a real-time alert is sent to on-site personnel who can take immediate action, and Voxel's analytics help sites identify operational inefficiencies and design policies to prevent future issues. These proactive measures allow businesses to significantly reduce worker’s compensation and general liability costs, while improving their operations. In order to protect workers’ privacy, Voxel’s AI ethics policy means that no facial recognition or identification of individuals is permitted in their systems. Voxel provides its customers with resources for ethically and responsibly implementing AI in the workplace crafted after years of experience developing AI for America’s industrial leaders. Voxel has had a transformative impact for their strategic partners’ operations, reporting up to an 80% reduction in workplace injuries and substantially improving operational efficiency. Fortune 500 firms like Michael’s, Dollar Tree, Clorox, PPG Industries, Office Depot, and many others are already seeing the benefits of Voxel’s platform. Alex Senemar, CEO and co-founder of Voxel commented: “AI is saving lives. We’ve proven that our technology has made great strides toward reducing injuries and saving lives. Our approach is going to create worksites where employers don't have to bargain between meeting safety standards and meeting their productivity goals. The future of work is not just about doing more, but doing it safer in an environment fit for purpose”. Voxel business highlights (since series A funding round, April 2022) The team has grown from 10 people to over 50 employees, who have joined from established industry firms Samsara and Verkada to big tech Google, Apple, and Uber Featured in the Fast Company magazine Most Innovative Companies list Best B2B Tech Tool of 2023 by Products That Count. Voxel’s team is led by CEO Alex Senemar, who previously co-founded Sherbit, an AI-powered remote health monitoring system for hospitals (acquired in 2018) as well as co-founders, CTO Anurag Kanungo, who co-founded Sherbit with Senemar, and led the Machine Learning Systems Team at Uber’s Self Driving Unit; Harishma Dayanidhi, who developed self-driving car technology at Uber and Aurora; and Troy Carlson, former software engineer at Google. About Voxel Voxel uses artificial intelligence to enable security cameras to automatically identify potential workplace hazards, high-risk activities, and operational inefficiencies, allowing on-site personnel to address concerns in real-time. The platform keeps workers safe, while helping companies significantly reduce overhead costs from general liability, worker's compensation, and property claims. Voxel software is transforming operations in warehousing, manufacturing, retail, transportation, construction, and oil & gas. A demo is available upon request. For more information, visit https://www.voxelai.com/ About Rite-Hite Rite-Hite is a world leader in the manufacture, sale, and service of loading dock equipment, industrial doors, safety barriers, HVLS fans, industrial curtain walls, and more - all designed to improve safety, security, productivity, energy savings, and environmental control. Watch Rite-Hite's Always Looking Ahead video to learn more. About Eclipse Ventures With over $2 billion in assets under management, 70 portfolio companies, and a team of investors with deep expertise in technology, manufacturing, supply chain, logistics, healthcare, and consumer products, Eclipse is one of the US’ leading venture capital organizations. Its leadership team has the experience necessary to create and scale complex operations – with partners coming from industry giants, such as Flextronics, Tesla, Apple, Samsara, Intel, and GE. Eclipse partners with entrepreneurs boldly transforming the essential industries that define and propel economies. For more information, visit www.eclipse.vc. Contact Details Voxel Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.voxelai.com/

August 30, 2023 07:00 AM Eastern Daylight Time

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World’s Aviation and Logistics Changemakers Converge on Hong Kong to Steer Future Development in 2024

Hong Kong Tourism Board

HONG KONG SAR - Media OutReach - 29 August 2023 - Further to the successful completion of the 3rd JCtrans Global Freight Forwarders Expo and International Air Transport Association (IATA) Aviation Day at AsiaWorld-Expo (AWE), the world of logistics and aviation is looking to Hong Kong to spearhead industry exchanges and new growth opportunities. Industry experts are inspired by the city's new infrastructure, and its strategic role as an international logistics and aviation hub as well as being an important gateway of the Greater Bay Area (GBA). On top of the home-grown Asian Logistics, Maritime and Aviation Conference (ALMAC) to be held in November this year, IATA World Cargo Symposium 2024, Aero-Engines Asia-Pacific 2024 and Super Terminal Expo 2024 will all be staged in Hong Kong for the first time. Kenneth Wong, General Manager, MICE & Cruise of the Hong Kong Tourism Board (HKTB) said "We are thrilled that Hong Kong has become the destination of choice for multiple aviation and logistic events! The city's status as an aviation hub with a globally connected transportation network, a future-proof Airport City development, top-notch convention venues and a gateway to the GBA makes it a strategic choice in the region to host major industry events. " Hong Kong as an aviation hub Located in the heart of Asia, Hong Kong is within five hours' flight of half of the world's population, with Hong Kong International Airport (HKIA) providing globally renowned air transport services. It is frequently ranked among the world's busiest international passenger airports as it hosts some 120 airlines; it is also the busiest cargo airport in the world, with cargo throughput of 4.2 million tonnes in 2022, making it one of very few airports that's a leader in both fields. Airport City as a booster for business events To enhance the connectivity with the GBA and the world, HKIA is transforming itself from a city airport to an Airport City. A robust expansion strategy is in place including the Three-runway System that will increase capacity by 50% to be able to serve 120 million passengers and 10 million tonnes of cargo annually. Plans are in hand to strengthen the multimodal network with GBA cities through state-of-the-art cross-boundary infrastructure, Hong Kong-Zhuhai-Macao Bridge to ensure seamless travel via Hong Kong, which helps to facilitate more multi-destination exchange and excursions within the region. As part of the Airport City development, AWE - which is located right next to the international airport, is expanding to house the city's largest indoor arena with over 20,000 seats, thus attracting more large-scale events to stage in town. These enhancements position the city as a super-connector to capture more business opportunities of both the lucrative GBA market and the world, providing growth impetus to Hong Kong's MICE industry. Vivian Cheung, Chief Operating Officer, Airport Authority Hong Kong and Hong Kong Convention Ambassador said, "I am thrilled to bring significant industry events to our city, which reflects the role of Hong Kong as a leading aviation, transportation and logistics hub. As a member of the Hong Kong Convention Ambassador programme, I look forward to welcoming even more business events and delegates from around the world." Simon Li, Chairman of AWE commented, "AWE takes immense pride in facilitating transformative dialogues set to redefine the transportation and logistics sectors. The events will demonstrate the unprecedented synergies that can be achieved in all-in-one Lantau, the heart of Hong Kong's transport network, comprises of new hotels, the city's largest hub for retail, dining and entertainment – 11SKIES, and an award-winning MICE venue." IATA World Cargo Symposium to be hosted in Hong Kong for the first time Having been the world's leading air cargo hub for many years, HKIA will be the host airport for the 2024 edition of the IATA World Cargo Symposium in March. The conference is expected to attract over 1,000 attendees from around the world, with the aim of tackling subjects related to technology and innovation, security and customs, cargo operations, and sustainability. Conrad Clifford, Deputy Director General and Corporate Secretary, IATA said, "Hong Kong has the elements needed to retain its status as an important aviation hub for both passengers and air cargo. This includes having a strong hub airline, Cathay Pacific, as well as having the experience and expertise in handling perishable goods, lithium batteries and other dangerous cargo. I am confident that Hong Kong's traffic will return to pre-pandemic levels by the end of 2024, three years earlier than previously expected. This is in line with expectations of a faster recovery in the Asia-Pacific region." Super Terminal Expo 2024 inaugural in Hong Kong to capture world's fastest growing market Debuting at AWE in November 2024, Super Terminal Expo 2024 – the first of its kind – will feature dynamic networking opportunities and educational sessions as well as highlight important insights into trends and technologies shaping the future of cargo and passenger terminals, as well as ports, railways and building construction industries. Michael Duck, Executive Vice President of Commercial Development for Informa Markets added: "The Asia-Pacific region is the largest global logistics and passenger transport market, and Hong Kong sits right at its heart. We are delighted to host the inaugural Super Terminal Expo in this thriving market. Right before the flagship exhibition, we will also host Aero-Engines Asia-Pacific 2024 as part of Aviation Week Network's Aero-Engines series in the city in April 2024. These events present a raft of opportunities that will allow businesses to tap into the growing demand for logistics and passenger transportation services." Future Aviation, Transport, Logistics Conventions and Exhibitions Contact Details Hong Kong Tourism Board Ms Ivy Chung +852 2807 6255 ivy.chung@hktb.com Hong Kong Tourism Board Ms Candice Leung +852 2807 6578 candice.leung@hktb.com

August 29, 2023 04:07 AM Eastern Daylight Time

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Better Trucks Surges to 32 Markets Adding Texas and GLS Partnership in the West

Better Trucks

Better Trucks and GLS partnership unlocks nationwide markets to customers of both companies Better Trucks, a technology-driven logistics firm focused on rapid parcel delivery, has expanded its coverage area to 32 markets across 20 states, delivering to 126 million people and 40% of U.S. households. Better Trucks’ expansion includes the launch of its own operations in major metro areas in Texas including Dallas-Fort Worth, Houston, Austin and San Antonio. Additional expansion is realized through a partnership with GLS, a premier full-network carrier with operations across the Rocky Mountain region and West Coast. The bilateral partnership opens the combined footprint to customers of each company, unlocking markets from New York City to San Diego. “Shippers want a carrier with national reach that can integrate both technology and physical delivery in two days or less,” said Steven Bergan, GLS U.S. President. “Our partnership with Better Trucks unlocks not just one, but every region our customers have been asking for beyond our coverage in the West. Our clients can now deliver to the midwest, southeast, Texas and up to New York without any change to their process, and our markets are open to Better Trucks customers.” “Technology is a key focus of our partnership with GLS to create a seamless handoff between our operations to expand coverage for our respective customers,” said Andy Whiting, Better Trucks co-founder and CEO. “It is vital to both of us to uphold our high service standards. Customers can still print labels, initiate pickups and track packages as they always have, but now from coast to coast.” Better Trucks’ operational roadmap includes additional expansion plans during the remainder of 2023 and through 2024. ### About Better Trucks Better Trucks is a technology-driven, last-mile delivery carrier built for digital commerce. Founded in 2019, it delivers a better experience for retailers, e-commerce firms, and fulfillment centers to ship parcels faster with better communication and better value. Specializing in next-day and two-day deliveries, Better Trucks sorts and labels packages within its strategically-placed warehouses and delivers them through its extensive driver network. Visit bettertrucks.com for more information. About GLS US GLS is a full service parcel carrier providing first, middle, and last mile parcel shipping and delivery services across the western US from Denver to the Coast. They drive lower costs and faster time-in-transits through technology, customer engagement, and flexible pick-up options that help shippers lower their total landed cost of delivery. To learn more visit www.gls-us.com. Contact Details John Hall +1 303-223-6965 john@hallwaycommunications.com Company Website https://www.bettertrucks.com/

August 28, 2023 08:01 AM Central Daylight Time

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DB Schenker Lance une Série de Vidéos sur la Logistique dans les Amériques Présentant le Port de Montréal comme une Porte d'Entrée Européenne et Asiatique

DB Schenker

En tant que l'un des principaux fournisseurs de services logistiques au monde, DB Schenker a récemment publié une série de vidéos acclamées axées sur les principales passerelles logistiques dans les Amériques. À travers une série de cinq courtes vidéos, l'organisation mondiale met en lumière le Port de Montréal au Québec, au Canada, le plus grand port de l'Est du Canada. Animées par DB Schenker, les séances de questions-réponses mettent en vedette Paul Bird et Guillaume Brossard et Daniel Dagenais du Port de Montréal. Ensemble, ils discutent des défis actuels auxquels les ports du monde entier sont confrontés et des mesures qu'ils prennent pour les combattre dans la région. Et, les stratégies et actions pour lesquelles ils se sont engagés et se sont engagés à rester le port résilient et sans congestion pour lequel il est réputé. Du point de vue international, Susanne Aschi, Silvia Costantini et Chloe Adams discutent de leurs rôles en tant que Consul généraux et de la façon dont ils relient le Port de Montréal à leurs pays d'origine, l'Allemagne, l'Italie et le Royaume-Uni. De plus, Yves Lapere, l'Attaché Économique et Commercial de la Mission des Flandres, a donné une perspective basée en Belgique. Connecté à plus de 140 pays dans le monde, le Port de Montréal est le plus grand port de l'Est du Canada. Le port diversifié gère tous les types de cargaison, le vrac sec, le vrac liquide et les conteneurs étant les secteurs les plus importants. L'installation expansive traite tous les types de biens et travaille dans de nombreuses industries. Le port accueille plus de 2,000 navires par an, 2,500 camions par jour, 60 à 80 trains par semaine et 50,000 croisiéristes et membres de croisières sur 13 lignes de croisière. Toutes les grandes compagnies maritimes mondiales offrent leurs services au Port de Montréal, avec des services avec l'Europe du Nord, la Méditerranée reliant le Moyen-Orient, l'Asie et d'autres marchés mondiaux. Le port est relié à deux chemins de fer de Classe 1 au Canada, le Canadien National et le CPKC, offrant à ses partenaires fiabilité, fluidité et optionnalité. Souvent désigné comme le "moteur économique du Grand Montréal," le port dynamique est une installation diversifiée construite sur un écosystème logistique efficace qui gère environ 6,300 entreprises différentes. Ces chiffres vont augmenter dans un proche avenir. "Il est important pour nous de rester concentrés sur le renforcement des capacités de nos clients. Au cours des quatre prochaines années, nous visons à construire notre futur projet d'expansion, qui est le terminal de Contrecœur, qui se trouve à environ 50 kilomètres (30 milles) en aval d'ici," a déclaré Paul Bird, Vice-Président du Projet Contrecœur et Responsable de la Transformation Numérique pour le Port de Montréal. "Ça comprend l'ajout d'une capacité de 60% pour une capacité globale de 1.5 million d'UT en plus de la capacité actuelle à Montréal. C'est là que nous allons et comment nous [répondons] au marché." Partie essentielle de l'infrastructure de logistique et de transport du Canada, le Port de Montréal est le deuxième plus grand port à conteneurs du pays et l'Europe est son principal marché. "Ça veut dire qu'une grande partie du commerce de marchandises entre le Royaume-Uni et le Canada passe par le Port de Montréal," explique Chloe Adams, Consul générale Britannique à Montréal, qui voit également plus de croissance à venir. "Nous espérons que [le chiffre] augmentera à mesure que le commerce entre nos deux pays augmentera," ajoute Adams. "Il y a eu une augmentation de 17.5% du commerce bilatéral entre le Royaume-Uni et le Canada entre 2021 et 2022, et nous espérons que la trajectoire se poursuivra." Pour voir les vidéos complètes, cliquez sur les liens ci-dessous: https://nowthatslogistics.com/meet-the-largest-port-in-eastern-canada-port-of-montreal/ À propos de DB Schenker Americas DB Schenker est l'un des plus grands Fournisseurs de Services Logistiques Intégrés des Amériques avec plus de 10,000 employés dans 123 sites fournissant plus de 27 millions de pieds carrés d'opérations de distribution à ses clients. La présence de DB Schenker dans les Amériques comprend l'Argentine, le Brésil, le Canada, le Chili, le Guatemala, le Mexique, le Panama, le Pérou, les États-Unis et le Venezuela. DB Schenker offre des services de transport terrestre et de fret aérien et maritime, ainsi que des solutions logistiques complètes et des services de gestion de la chaîne d'approvisionnement mondiale à partir d'une source unique. Avec des partenaires intégrés à travers les Amériques, DB Schenker offre la meilleure combinaison de connaissances intimes sur les pratiques locales et de capacités mondiales. www.DBSchenker.com Contact Details Nicholas Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com/

August 24, 2023 05:35 PM Eastern Daylight Time

News Release

Ocean Power Technologies announces major milestone in the field of autonomous maritime technology

Ocean Power Technologies Inc

Ocean Power Technologies vice president of sales Matt Burdyny joined Steve Darling from Proactive to share an exciting development within the company. Ocean Power Technologies has achieved a significant milestone by successfully demonstrating the capabilities of its Wave Adaptive Modular Vessel during the 10th Annual Maritime Security West event. During the event, the company showcased the WAM-V's capability to remotely attach itself to a buoy and establish a connection for charging. Burdyny explained to Proactive that the achievement was the outcome of on-water trials conducted earlier in the month. This successful connection and charging capability represent a notable advancement in integrating renewable energy sources within the maritime industry. Burdyny emphasized that this achievement has important implications for the future of autonomous vessels. The successful docking of the WAM-V to the buoy demonstrates the potential for extended-duration autonomous operations, which could open up a range of applications within the maritime sector. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 22, 2023 01:32 PM Eastern Daylight Time

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NAVEX Enhances Communication with AI-Driven Translations

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, announces the launch of a new NAVEX One platform shared service: dynamic machine translations. This first-to-market addition in the governance, risk and compliance (GRC) space will empower organizations operating across different countries to overcome language barriers, enabling accurate risk and compliance-related communication between employees, third parties and program administrators. NAVEX understands the challenges organizations face in maintaining accurate communication when dealing with sensitive data arising from risk and compliance tasks. Many organizations struggle with language barriers, hindering effective collaboration. With varying language skills among responders, the potential for misunderstandings and misinterpretations can be detrimental to decision-making and compliance efforts – especially in time-sensitive cases. "NAVEX is pioneering the future of machine translations within the GRC space, directly tackling the complexities of multilingual communication," stated A.G. Lambert, chief product officer at NAVEX. "The integration of secure machine translation into NAVEX One makes it simple for GRC professionals to translate disclosures, assessments, and responses, leading to better communication and faster resolution." The introduction of dynamic machine translations addresses these issues and improves communication efficiency. With advanced artificial intelligence technology, this shared service allows end users to translate directly from the NAVEX One user interface. How machine translations work In the past, administrators encountered the repetitive task of manually copying text, relying on external translation tools, and then painstakingly inputting the translations to proceed with their workflow. However, with the introduction of the machine translations shared service built on Amazon Web Services (AWS), administrators are now equipped to address important matters promptly and efficiently, leading to quicker resolution rates. Moreover, administrators can assess third-party entities proficiently, regardless of the languages they speak or the answers they provide. The user-friendly NAVEX One interface makes translating disclosures, evaluations, and responses easy, promoting smooth communication and understanding. "By relying on the broadest and deepest set of cloud services on AWS, including Amazon Translate, NAVEX is able to use machine translations within the governance, risk and compliance space, directly tackling the complexities of multilingual communication,” stated Venky Nagapudi, Senior Product Management Leader, Amazon Translate, AWS. “The work between NAVEX and AWS makes it easy to translate disclosures, assessments, and responses, leading to better communication and faster resolution." Key benefits of NAVEX One machine translations include: Multilingual support: The system supports 75 languages, facilitating seamless communication with stakeholders worldwide. Accurate and reliable: Powered by advanced neural network technology, the feature ensures precise translation of critical information. Streamlined workflow: The translation functionality integrates seamlessly into existing GRC workflows, saving time and effort for administrators and responders. Cost-effective translations: Organizations can deliver faster results and decrease operational costs by reducing the need for external translation services. Data privacy: Advanced technical and physical measures, including encryption at rest and in transit, are used to prevent unauthorized access or sharing of content. Incorporating a dynamic machine translation service highlights NAVEX's continued commitment to fostering innovative solutions throughout the NAVEX One platform. By seamlessly integrating artificial intelligence and machine learning capabilities, NAVEX continues to empower companies to overcome language obstacles, promoting cross-cultural teamwork and elevating the effectiveness of GRC processes. As NAVEX continues to leverage AI and ML, it cements its position as a leader in cutting-edge technology within the GRC space. The NAVEX One GRC – Information System Multilingual Machine Translation marks a bold stride in NAVEX’s innovative journey following the recent launch of the NAVEX Compliance Assistant. NAVEX's unwavering commitment to AI/ML innovation propels the governance, risk, and compliance landscape into a new era. By harnessing the power of AI, NAVEX is reshaping the compliance landscape, streamlining intricate processes, and automating tasks. This first-to-market shared service accelerates and enhances compliance initiatives while fostering clarity across your organization. Navigate the future of compliance with your AI-powered ally, simplifying employee compliance in ways that redefine ease and efficiency. For more information, visit the NAVEX One Platform. And read our blog. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

August 22, 2023 08:00 AM Eastern Daylight Time

DB Schenker Releases Americas Logistics Video Series Featuring Port of Montreal as a European & Asian Gateway

DB Schenker

As one of the world’s leading logistics service providers, DB Schenker recently released an acclaimed video series focused on key logistics gateways in the Americas. Through a series of five short videos, the global organization shines a spotlight on the Port of Montreal in Quebec, Canada, the largest port in Eastern Canada. Hosted by DB Schenker, the Q&A sessions feature Paul Bird and Guillaume Brossard and Daniel Dagenais of Port of Montreal. Together, they discuss the current challenges ports across the globe are facing and what measures they’re taking to combat them in the region. And, the strategies and actions they and are committed to remain the resilient and congestion-free port it is renowned for. From the international perspective, Susanne Aschi, Silvia Costantini, and Chloe Adams discuss their roles as Consul generals and how they’re connecting the Port of Montreal to their home countries of Germany, Italy and the UK. In addition, Yves Lapere, the Economic and Commercial Attache, Mission of Flanders gave a Belgium based perspective. Connected to more than 140 countries in the world, the Port of Montreal is the largest port in Eastern Canada. The diversified port handles all types of cargo, with dry bulk, liquid bulk and containers being the largest sectors. The expansive facility handles all types of goods and works in many industries. The port welcomes more than 2,000 ships per year, 2,500 trucks per day, 60 to 80 trains per week, and 50,000 cruise passengers and cruise members across 13 cruise lines. All the major global shipping lines offer their services at the Port of Montreal, with services with Northern Europe, the Mediterranean connecting the Middle East, Asia and other global markets. The port is connected to two Class 1 railways in Canada, the Canadian National and the CPKC, offering its partners reliability, fluidity and optionality. Often referred to as the “economic engine of Greater Montreal,” the vibrant port is a diversified facility built on an efficient logistics ecosystem that handles around 6,300 different businesses. These numbers will be increasing in the near future. “It's important for us to stay mission-focused on building capacity for our clients. For the next four years, we're aiming to build our future expansion project, which is the Contrecœur terminal, which is about 30 miles downstream from here,” says Paul Bird, VP of the Contrecœur Project and Head of Digital Transformation for Port of Montreal. “That includes adding 60% capacity for an overall 1.5 million TU capacity over and above the current capacity in Montreal. That's where we're heading and how we're [responding to] the market.” A critical part of Canada’s logistics and transportation infrastructure, the Port of Montreal is the country’s second-largest container port and Europe is its main market. “That means that a large proportion of the trade between the UK and Canada in goods passes through the port of Montreal,” Chloe Adams, British Consuls General in Montreal, explains, who also sees more growth ahead. “We hope to see that [number] increase as trade between our two countries increases,” Adams adds. “There was a 17.5% increase in two-way trade between the UK and Canada between 2021 and 2022, and we're hoping that the trajectory will continue.” To view the full videos, click on the links below: https://nowthatslogistics.com/meet-the-largest-port-in-eastern-canada-port-of-montreal/ About DB Schenker Americas DB Schenker is one of the largest Integrated Logistics Service Providers in the Americas with more than 10,000 employees in 123 locations providing over 27 million sq. ft. of distribution operations to its clients. DB Schenker’s Americas presence includes Argentina, Brazil, Canada, Chile, Guatemala, Mexico, Panama, Peru, United States, and Venezuela. DB Schenker offers land transport and air and ocean freight, as well as comprehensive logistics solutions and global supply chain management services from a single source. With integrated partners across the Americas, DB Schenker provides the best combination of intimate local practices knowledge and global capabilities. Contact Details Nicholas Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com/

August 17, 2023 03:00 PM Eastern Daylight Time

US Global Investors discusses airline growth, infrastructure upgrades, and the JETS ETF

HANetf

US Global Investors Chief Investment Officer Frank Holmes discusses the state of the airline industry and the US Global JETS UCITS ETF in an interview with Proactive's Stephen Gunnion. Holmes highlighted the positive growth in the US airline sector and the efforts being made to enhance infrastructure and energy efficiency in airports. He pointed out that significant investments are being made to upgrade facilities, create high-paying jobs, and address the shortage of pilots due to retirements. Holmes also emphasized that the push for energy efficiency is creating a more sustainable and efficient travel experience, aided by technologies such as AI and facial recognition. He noted that upgrades are attracting business travelers, who are experiencing shifts in demographics due to remote work opportunities. The ETF's success is attributed to continuous research and analysis, mirroring the industry's dedication to improved technology and customer experience. The US Global Jets UCITS ETF ‘JETS’ delivers exposure to the global airline industry including airline operators and manufacturers from all over the world. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 15, 2023 12:58 PM Eastern Daylight Time

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