Big business through the Pacific Gateway in Canada
Big things are happening on Canada’s west coast.
As of November, 2015, imports from Asia bound for B.C. ports were up by one million TEUs. That’s good news for Port Metro Vancouver and the Port of Prince Rupert, both in the process of expanding to meet increasing customer demand.
Last March, the Port of Prince Rupert unveiled plans to expand their container capacity from 850,000 TEUs to 1.3 million as part of their Phase II North project. With it, CN will continue to invest in rail capacity improvements to meet demand as traffic increases. Prince Rupert is the fastest-growing port in North America.
At the close of 2015, container traffic was up 26 per cent at the Port of Prince Rupert, with approximately 800,000 TEUs handled. It was around this time the Port and DP World announced the terminal operator is undertaking a feasibility study to assess further expansion of Phase II South.
Prince Rupert is the closest port to the Asian market and can easily accommodate the largest vessels on the transpacific route.
With CN, traffic arriving in Prince Rupert can get to Chicago – a major hub for retail and rail in North America – two days faster than competitors. When the expansion is complete, CN will be able to run four trains to the port daily.
Dwell times average about 44 hours, compared to two days and 10 hours at the Port of Long Beach and two days and 21 hours at the Port of Los Angeles.
Prince Rupert isn’t the only B.C. port on the rise. As of November, Port Metro Vancouver, Canada’s largest port, had handled almost 3 million TEUs.
GCT Canada, operator of Vancouver’s Deltaport container facility, is expanding the terminal’s capacity by more than 50 per cent. This creates even more opportunity for customers looking to move cargo through Canada’s west coast.
Less congestion – that’s one of the key selling points for shipping through Canada’s Pacific Gateway. Major retailers and technology corporations are diverting their cargo from congested West Coast ports.