Saudi Arabia: A strategic location at the crossroads of Europe, Africa and Asia
Issue 24
June, 2020
In Focus
Innovations in areas ranging from customs filing to e-commerce processing allows ECU Worldwide Canada to steer ahead in a competitive market.
Over the past few weeks, Canada’s foreign trade plans have hogged the headlines. In January 2020, The US Senate approved a new trade deal, the United States-Canada-Mexico Agreement, replacing the older North Atlantic Free Trade Agreement (NAFTA) that will bind the three countries in a new foreign trade agreement for at least the next 16 years. US President Donald Trump is expected to shortly sign off on it too.
This deal will provide improved norms for everything from automobiles to agriculture and give a fillip to US-Canada trade, which is the second largest globally, after US and China. Over the last few years, the country’s foreign trade has been growing steadily.
Canada also has a free trade agreement with Europe—CETA or the Comprehensive Economic and Trade Agreement – which is a free-trade agreement between Canada, the European Union and its member states. This agreement has grown from strength to strength. The treaty has eliminated 98% of the dutiable tariffs between Canada and the EU.
Enhanced foreign trade capabilities
This has enhanced trade between Canada and the EU members and combined with other agreements with Chile, Peru, Columbia and Costa Rica plus Trans-Pacific partnerships such as South Korea and China, effectively allows the country to be a major global trading powerhouse.
ECU Worldwide Canada has witnessed the country’s foreign trade growth from close quarters, having started with the sole LCL tradelane between Montreal and Antwerp, and today managing 13 direct export lanes from both coasts combined. A USA gateway service adds another 70 direct destinations to the portfolio.
On the import side, ECU Worldwide Canada handles 20 direct services to multiple Canadian Forces Station (CFS) cities. An IPI vast set up allows easy movement of import and export freight across the country as per the chosen port of entry or exit. ECU Worldwide Canada has offices in the three prominent business hubs of Toronto, Vancouver and Montreal.
Canada’s top export items include mineral oils, vehicles, gems, wood and plastics and plastic articles. On the other hand, this nation of just a shade under 38 million inhabitants (despite being the second largest country by land mass), counts automobiles, computer gear, crude oil, plastics and gold as its key imports.
Technology edge
To keep business humming, ECU Worldwide Canada has been a pioneer in technology innovation within the NVOCC sector of the logistics industry, as part of its never-ending pursuit for improved digitalisation capacities.
“Technology is a key cog in our logistics offering for our customers in Canada,” says Elvio Lancione, Country Manager, ECU Worldwide Canada. “We believe that this technology edge, combined with our global network operating through more than 300 offices in over 160 countries, expert professionals, seamless and hassle-free cargo movement and operational efficiency allows us to present customers with a compelling logistics offering,” he elaborates.
ECU Worldwide Canada pioneered the introduction of the new import advance customs filing process of eManifest three years ago. Today, LCL import containers arrive directly into Canada and are being handled with a much easier and smoother customs in bond processing for the moves between Container Yards (CY) and Container Freight Stations (CFS). It is completely paperless, which is another way ECU Worldwide is achieving its green footprint strategy. ECU Worldwide Canada is totally on-board the e-commerce processing of Websailings, Track and Trace, as well as completely connected to the ECU360 portal, offering end-to-end pricing and more for its core LCL product.
According to a report from Adroit Market Research issued in August 2019, the global market size for digital transformation in transportation and logistics was valued at USD 54.92 billion in 2018 and is anticipated to rise to USD 145.28 billion by 2025 with a CAGR of 13.0%. ECU Worldwide is geared to lead and leverage this technology-led transformation of business.
Growing business
ECU Worldwide Canada, established in 1993 has branches located in Montreal, Toronto and Vancouver and continues to enjoy a strong reputation within the logistics industry—and beyond. ECU Worldwide Canada has also developed both robust FCL and air department units which have grown into substantial new products to complement the already existing LCL services.
With three decades of multi-continental experience and a stellar network, it is possible to reach even the most niche markets with speed and efficiency. ECU Worldwide Canada’s primary services include LCL, FCL and airfreight cargo in addition to multi-modal transport solutions. It offers several competitive advantages owing to its comprehensive network, technology, high standards of quality and an expert team, making it one of the most trusted logistics partners for businesses.
Aided by a deep commitment to delivering the best solutions for businesses and market-leading investments in technology and automation, ECU Worldwide Canada is geared to deliver high standards in performance, efficiency and customer service, no matter what the requirement.
Quick Bytes
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Pioneered the introduction of the new import advance customs filing process of eManifest three years ago.
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Today, LCL import containers arrive directly into Canada and are being handled with a much easier and smoother customs in bond processing.
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ECU Worldwide Canada is totally on-board the e-commerce processing of Websailings, Track and Trace, as well as completely connected to the ECU360 portal, offering end-to-end pricing and more for its core LCL product. ECU Worldwide Canada has grown from a sole LCL trade lane between Montreal and Antwerp, to 13 direct export lanes from both coasts combined with a USA gateway service adding another 70 direct destinations to our portfolio.
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On the import side ECU Worldwide Canada handles 20 direct services to multiple Canadian Forces Station (CFS) cities.
