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QSL IS ANALYZING A SOLUTION TO OPTIMIZE CARGO TRANSHIPMENT AND MEET THE NEEDS OF BUSINESSES AND CONSUMERS.

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2 years ago

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Improving supply chain resilience
Increasing international trade

QUEBEC CITY, July 5, 2024 /CNW/ – In a globalized economy where the transport of goods is of paramount importance and at a time of climate change where the maritime route is proving to be the eco-responsible mode, QSL wants the province of Quebec and Quebec City to be part of the equation and the solution. In this context, QSL is initiating the analysis of a business case to address one of the major economic challenges facing the Quebec region: the establishment of an efficient, green, resilient, and better-integrated supply chain.

Concretely, this logistics and transportation across North America is considering a redevelopment of its port activities in the Beauport sector to include a more important container handling vocation in a sequenced project respectful t of the communities.

Not only would the project being considered by QSL not require any encroachment on the St. Lawrence River and not impact aquatic habitat, but it could also reduce land traffic by encouraging intermodal transfer and significantly reducing GHGs.

First, Quebec has all the assets to favour intermodality and make supply chains more efficient: an enviable geographical location, access to a strategic market of consumers and businesses, the opportunity to regain significant market share from the American East Coast volumes destined for the American Midwest, complementarity with Montreal, a water depth of 15 meters as well as an interconnection with a North American rail and road network. In addition, QSL believes that the economic fundamentals behind the establishment of a container terminal as well as the commercial interest remain, especially after a global pandemic.

“Currently, 80% of the volume of international trade in goods is transported by sea and the containerization trend is likely to increase. We have heard the concerns of the business community which wants to benefit from short supply chains where processed products and inputs are brought closer to consumers or end users. If QSL can become a solution to this economic ecosystem that must be optimized, we raise our hand and are ready to work with all the stakeholders who cherish this objective,” commented Robert Bellisle, President and Chief Executive Officer of QSL.

The answer to a need and a solution to an environmental reality

In its 2024-2029 action plan, the Zone économique métropolitaine (ZEM) created under the impetus of the Quebec government and where many of the region’s driving forces sit, devotes an entire chapter to the issue of supply chains. The need responds to a concern often expressed by businesses in Eastern and Central Quebec where large manufacturers struggling from inefficient supply chains . They also have issues with the economical and environmental impact of having goods arrive from overseas to ports of the United States East Coast whose final destination is the Quebec market.

Although bulk cargo still accounts for the largest share of maritime trade, containerized goods have the fastest rate of growth in North America. By itself, global container traffic is expected to double by 2030 compared to 2018.

“If containerization was necessary 10 years ago, it is now unavoidable. Now, we must shape an exemplary project from an environmental point of view, irreproachable in terms of governance, complementary to what is being done on the St. Lawrence and meeting the principles of acceptability for the surrounding communities. QSL could become this partner,” added Mr. Bellisle.

Next Steps

Before finalizing its reflection and filing a project notice with the Port of Quebec, QSL is asking the federal government to favourably respond to its November 2023 request to expand customs operations at the Port of Quebec. If this condition is met, QSL will then be able to finalize a detailed business plan that it will submit to senior governments.

“We are pleased that an established Quebec company like QSL wants to participate in the search for a solution to increase the efficiency and resilience of the Quebec logistics chain in terms of cargo transshipment, while being complementary to current activities on the St. Lawrence, in particular in Montreal and Trois-Rivières. We believe that a containerized cargo project could not only meet the economic challenges of Quebec City and the province of Quebec but also respect the fundamental principles of our Vision 2035, which places a high priority on respect for the environment and the community. We would like to emphasize our satisfaction with QSL’s desire to develop a project that will be based on the principles of sustainable development compatible with our environmental and social ambitions,” concluded the Chief Executive Officer of the Port of Quebec, Mr. Mario Girard.

About QSL

A key supply chain player with its head office in Quebec City, QSL develops tailor-made solutions to offer innovative handling methods while paying particular attention to goods and contributing to the well-being of the communities in which it operates. Its socio-economic footprint is impressive with over 2,000 employees and activities deployed in 66 port terminals across Canada and the United States. It is ranked among Canada’s Best Managed Companies and all its port terminals are Green Marine certified. In 2021, QSL became the first maritime company in Canada to join the United Nations Global Compact. www.qsl.com

SOURCE QSL

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Club Offers for Travel Enthusiasts in Canada

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33 minutes ago

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October 23, 2026

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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2 hours ago

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October 23, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

Published

3 hours ago

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October 23, 2026

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chelsea-fc-announces-multi-year-sleeve-partnership-with-sokin-the-business-payments-and-fx-platform-302918466.html

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