Latest news with #carimports
CTV News
6 days ago
- Automotive
- CTV News
Port Saint John partners looking to diversity imports
You may soon see more then just shipping containers being unloaded at Port Saint John. DP World, who operates the six container cranes along the city's waterfront, confirmed to CTV in an email they are exploring the possibility of adding car imports to Saint John operations. The topic came up last week during Port Days 2025, an annual event held by the port to share its direction with key stakeholders. Port President and C.E.O. Craig Bell Estabrooks says DP World and Canadian Pacific Kansas City (CPKC) Railway want to diversity their operations. 'We built this infrastructure years ago to be multipurpose,' Bell Estabrooks says. 'So yes, containers are our focus. They're going to continue to be the main focus, but if we could move some other commodities with DP world and other partners like autos, that's a real opportunity.' Bell Estabrooks says DP World would likely start small when it comes to moving automobiles to see how manageable it is and what the business model would look like before making a full commitment. CTV has reached out to DP World for more information about the prospect of bringing car imports to the city and are awaiting their response. Estabrooks said it's not just car imports that could be added to the port's growing capabilities. 'The other big one is around breakbulk,' says Bell Estabrooks. 'Importing Brazilian eucalyptus and from a wood pulp standpoint, that can be blended with existing forest products in New Brunswick and potentially even further than just New Brunswick.' Despite a busy start to the year, including the addition of two container cranes and breaking ground for a new cold storage unit to be run by Americold, Bell Estabrooks says there is still a lot on the port's agenda. Continued rail upgrades top the list. Bell Estabrooks says he would like to double, if not triple the tracks out of the port to Bayshore where there is a switching facility. He says Americold's addition to the waterfront has spurred conversation around food processing and refrigerated goods. 'I think food is one of the big opportunities for us,' he says. Estabrooks says there is not a lot of space available on port property but there is still plenty of opportunity for growth. He says DP World added more equipment to its arsenal to help load and unload ships faster and improve the flow of goods through the terminals. 'We're dreaming much bigger than we did a decade ago,' says Estabrooks. 'It's really because of what our partners are telling us. So we always look at the port as we provide really good infrastructure. We provide really good services and operational model with the employees that we have and then we just let the private sector do the development.' Estabrooks says the port hasn't processed hundreds of thousands of tons of breakbulk in the way they are proposing since the late 1990s and there is potential in the energy sector. He says meeting two or three of them in place would be a tremendous success. For more New Brunswick news, visit our dedicated provincial page.
Sky News
08-05-2025
- Business
- Sky News
Politics latest: 'James Bond has nothing to worry about,' says Trump after striking tariffs deal with PM
What has Britain got out of US deal? Amid the drama of a televised phone call between the US president and British prime minister, it can be hard to keep up with the details of a newly announced trade agreement. Here's what we know the UK has got out of this deal: Car tariffs Donald Trump had imposed a blanket 25% tariff on all car imports into America, which would have hit the UK badly. The deal means this is now 10% for British cars - though for now, it's just the first 100,000 that are exported. Steel and aluminium This was another blanket 25% tariff, and this is perhaps where the government has got its biggest win. For UK exports, the tariff has been completely removed. Food and agriculture Beef exports are to be allowed in both directions for the first time - but British officials insist there will be no weakening of standards. British farmers get a tariff-free quota of 13,000 metric tonnes. There's no mandate for the UK to start taking American meat, and the government says it won't be taking any chlorinated chicken. A tariff on ethanol coming into the UK from the US, used to make beer, also gets scrapped. Pharmaceuticals This one's purely speculative for now, as Trump's still not sure what he's doing here. If he does end up imposing tariffs on these products, the UK will get "preferential treatment". Tech firms There have been reports that the Trump administration wasn't happy with Britain's regulations on social media companies, suggesting they impinged upon free speech. But there's no movement here, either. The elephant in the room? Trump's 10% blanket tariffs on all imports remains in place for the UK, though with both leaders suggesting the deal will expand in future, perhaps this could eventually be reduced too. For now, this deal is no doubt a big boost for the UK's manufacturing industries - but the overall tariff situation does still of course remain far worse than it was before Trump returned to the White House.
Sky News
08-05-2025
- Business
- Sky News
Politics latest: PM and Trump strike deal to slash tariffs - and UK will accept American beef
What has Britain got out of US deal? Amid the drama of a televised phone call between the US president and British prime minister, it can be hard to keep up with the details of a newly announced trade agreement. Here's what we know the UK has got out of this deal: Car tariffs Donald Trump had imposed a blanket 25% tariff on all car imports into America, which would have hit the UK badly. The deal means this is now 10% for British cars - though for now, it's just the first 100,000 that are exported. Steel and aluminium This was another blanket 25% tariff, and this is perhaps where the government has got its biggest win. For UK exports, the tariff has been completely removed. Food and agriculture Beef exports are to be allowed in both directions for the first time - but British officials insist there will be no weakening of standards. British farmers get a tariff-free quota of 13,000 metric tonnes. There's no mandate for the UK to start taking American meat, and the government says it won't be taking any chlorinated chicken. A tariff on ethanol coming into the UK from the US, used to make beer, also gets scrapped. Pharmaceuticals This one's purely speculative for now, as Trump's still not sure what he's doing here. If he does end up imposing tariffs on these products, the UK will get "preferential treatment". Tech firms There have been reports that the Trump administration wasn't happy with Britain's regulations on social media companies, suggesting they impinged upon free speech. But there's no movement here, either. The elephant in the room? Trump's 10% blanket tariffs on all imports remains in place for the UK, though with both leaders suggesting the deal will expand in future, perhaps this could eventually be reduced too. For now, this deal is no doubt a big boost for the UK's manufacturing industries - but the overall tariff situation does still of course remain far worse than it was before Trump returned to the White House.
