The trade deficit doubled to $1.1 billion in May from a $552-million deficit the month before, though that was fuelled by the import of five new airliners. Economists had expected a deficit for May of $530 million, according to Thomson Reuters.

“There is a lot of noise to filter through in today’s trade report but we think the message on exports is ultimately positive,” Royal Bank economist Josh Nye wrote in a report.

Imports rose 2.4 per cent to $49.8 billion in May, led by a 45.9 per cent increase in the aircraft and other transportation equipment and parts category due to the new airliners.

Exports climbed 1.3 per cent to $48.7 billion, buoyed by shipments of unwrought gold to the United Kingdom.

Exports of energy products including crude oil fell 9.0 per cent to $8.0 billion as both prices and volumes declined. Excluding energy products, exports rose 3.6 per cent.

Nye called it a “solid increase” in non-energy exports for May and noted that they are now up relative to a year ago.

“A price-related decline in oil exports belies what has been a fairly strong increase in energy export volumes year-to-date,” Nye said.

“That supports the Bank of Canada’s view that adjustment to lower oil prices is now largely complete.”

Speculation that the Bank of Canada could raise its key interest rate next week has mounted in recent days. Governor Stephen Poloz recently said that interest rate cuts made in 2015 appeared to have “done their job,” noting that the economy enjoyed surprisingly strong growth in the first quarter of this year.

Source: thespec

Naval gazing, what lies ahead for the supply chain Rockford IL

As this blighted year nears its end, three maritime journalists were asked to assess the industry as it enters a critical period in history. Change is afoot and 2021 is likely to herald a new beginning for some, writes Nick Savvides, managing editor at Container News.

Read more ...

10ft Shipping Containers

$5,200.00 each

in stock NOW / Call for Pricing

Curently sold out but you can pre-order below


20ft Shipping Containers

$1.00 per unit for buying at least 6

20' NEW ONE TRIP Scratch And Dent

Several shipping container units in Nashville 20ft and 40ft New High cubes


Damaged make us an offer


Dec 8 2023

$2,495.00 each

Nashville 20' USED WWT off stack

Dry boxes call Danny for details

Please make a $250 deposit to secure these prices

Price is for pickup



$2,950.00 each

20ft Nashville Used Cargo ready Dry A units

Nice Cargo Worthy Dry boxes 4 left today Dec 8,2023 Nashville While supplies last

$3,195.00 per unit for buying at least 2

12.10.23 NEW ONE TRIP 20FT NASHVILLE TAN PRE ORDER ONLY PRICE $3195.00 $250 deposit to reserve



12.10.23 Nashville brand new 20 one trippers on water now

Pre order bulk to get this price min qty order x2





Curently sold out but you can pre-order below


40ft Shipping Containers

$5,900.00 per unit for buying at least 2

40' NEW HIGH CUBE One Trip White (+23 units ava)

December 6 2023 6 left

Price until gone at $5900



$2,999.00 each

PENDING SALE NASHVILLE CALL/ Only today Sale x2 40 HIGH CUBE $2999.00



X2 40 high cubes as is good dry units must order with deposit to secure Nashville shipping container delivery

$4,999.00 per unit for buying at least 2

Only today In Nashville Sale Matching pair x2 40 HIGH CUBE NEW DARK RICH BLUE Color $4999.00



X2 40 high cubes in Nashville brand new super nice bright Interiors white must buy both to get price Sale ends this week. Just buy now by placing a $500 deposit I will call.



$3,590.00 each

Only today SALE Nashville 40ft CARGOWORTY $3590 4x4 deliveries up to 150 mi. Ava



Clean 40STD great for Nashville residential storage $3590 while supplies last

Save over $1000


Call Danny


ONLY 1/SOLD PENDING 12-12-23 New one trip tan Nashville 40 ft High Cube Double Door at both ends



12.10.23 40 high cube shipping container Nashville one trip Double door tan