INDUSTRY NEWS
Cargojet appoints new CFO Cargojet has hired Scott Calver as its new chief financial officer. Calver, most recently the CFO of Trimac Transportation, also served as VP of finance for ICS Courier. “I have always admired Cargojet’s entrepreneurial spirit and watched its success over the past decade,” said Calver, a London, Ontario native and Chartered Professional Accountant. “I look forward to contributing to the next phase of Cargojet’s growth.” Calver completed a Bachelor of Commerce at Laurentian University and a Master’s in Business Management at the Richard Ivey School of Business. “Scott not only brings strong financial and operational skills, he also brings over 20 years of transportation and logistics industry experience,” said Ajay Virmani, Cargojet’s president and CEO.
Tech key to managing disruption: report According to a study from IBM and Celonis on supply chain resiliency, chief supply chain officers (CSCOs) recognize the role hybrid cloud, AI, process mining and execution management play in overcoming disruption. In fact, 72 per cent expect to automate their processes and workflows over the next three-to-five years, while 69 per cent will accelerate cloud adoption. The study surveyed 500 CSCOs across 10 industries, showing organizations want to modernize their supply chains through data and hybrid cloud strategies while prioritizing sustainability. Demand volatility is a top challenge for 80 per cent, while 77 per cent mentioned increased transportation and logistics costs. Hybrid cloud, execution management, AI and automation can help CSCOs seize opportunities. Almost 87 per cent are implementing execution management and 77 per cent are implementing process and task mining to modernize operations. By 2025, 83 per cent plan to introduce AI-enabled, real-time inventory management.
Hapag-Lloyd add Port Saint John call Canadian Pacific and Hapag-Lloyd AG have added a call into Port Saint John, NB, via a seasonal extra loader. This follows their inaugural service call in May 2021, connecting via CP rail service to inland markets in Canada and the US. CP regained access to Port Saint John in June 2020 by acquiring
the Central Maine & Quebec Railway, which has connections with the Eastern Maine and New Brunswick Southern railways. Port Saint John is modernizing to increase container capacity to 800,000 TEUs and provide additional on-dock rail capacity over time.
Prince Rupert terminal re-brands as Trigon The former Ridley Terminals Inc., a bulk export terminal within the Port of Prince Rupert, has rebranded as Trigon Pacific Terminals Limited. Inspired by Coast Tsimshian artistic traditions and Indigenous ownership, the new name and identity reflects recent and future changes at the terminal, and its progress towards a more diversified and sustainable future, the terminal said. Formerly a Crown corporation, the terminal is now privately held by AMCI Group, Riverside Holdings and the Lax Kw’alaams Band and Metlakatla First Nation.
The three-pointed “trigon” that will be the visual identifier of the terminal comes from the cultural context of the company’s Indigenous co-owners, often seen in Indigenous art. The trigon represents transition and upward movement, reflecting the company’s ownership, community connection and future vision. Trigon handles steelmaking and thermal coal, along with LPG exports. The company has advanced its strategy to handle new green energy exports by investing in infrastructure upgrades.
Study highlights supply chain collaboration SYSPRO has released findings from their 2021 global research study exploring the challenges and solutions to supply chain disruptions. The report reveals four themes and highlights the need for a long-term digital strategy using improved customer centricity, external collaboration and decision-making to recover from pandemic disruptions. The first theme is a disconnect between investment in internal efficiencies and external collaboration. Overall, 70 per cent of businesses experienced supply chain disruptions in recent years, while 60 per cent couldn’t engage and collaborate with customers and suppliers in real-time. The survey’s second theme was that digital roadmaps don’t align to execution. Overall, 69 per cent considered a digitization strategy to enhance business processes. Only 29 per cent have a full strategy. Theme three noted supply chains don’t compete globally. Regarding technology investments, 47 per cent had invested in sensors and IoT networks; 20 per cent had invested in data analytics tools, while 5 per cent had investigated AI and ML. The fourth theme was that customers are placed at the end of the supply chain. Only 22 per cent of businesses saw revenue growth. SUPPLYPRO.CA 7
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