SPECIAL ADVERTISING SECTION
CANADA TRADE AND LOGISTICS
The Port of Vancouver is home to 29 terminals and more than 1,000 tenants .
Port of Vanocuver
Q : What are some significant trends in the West Coast port environment , and how is the Port of Vancouver responding to them ?
A : Similar to all US and Canadian ports on the West Coast , we continue to experience supply chain disruptions related to labor and impacts from extreme weather-related events . We also saw a lot of protests in 2022 and 2023 that flowed onto the streets , blocking the port . I think everyone is coming through a tough economic cycle , so that ’ s always a major challenge for us , too . We have our own challenges , but I think we have a strong plan to make sure that we are reliable and resilient in order to support Canada as a whole and the port ’ s customers .
Canada and across the border . Container traffic has been growing at a 5.5 % annual rate , and when we acquire significant capacity improvements , everything is absorbed immediately .
Q : How is the port preparing for this increased volume ? A : We are investing in multiple projects . We recently completed the Centerm Expansion goods annually that Canadian consumers and businesses rely on .
In addition , the Gateway Infrastructure program , with more than $ 600 million in investments , will address pain points in the last mile around the port . Improving congestion problems has enhanced the efficiency and capacity of the gateway .
The Active Vessel Traffic Management system manages marine traffic and
“ There ’ s a strong business case for container trade in Canada and across the border . Container traffic has been growing at a 5.5 % annual rate .”
Q : What is the port currently seeing from the container segment ?
A : Unlike most other ports , Vancouver has a balanced container market between imports and exports thanks to the strong domestic market . Approximately 65 % to 70 % of container volumes serve Canadian consumers and markets . There ’ s a strong business case for container trade in and South Shore Access projects with DP World , which increased the container capacity at that terminal by 60 % with only a 15 % increase in footprint . We are also focused on progressing the Roberts Bank Terminal 2 project . Once complete in the mid-2030s , the project will increase container trade capacity by more than 30 % on Canada ’ s west coast , enabling the efficient and reliable trade of $ 100 billion in improves coordination between rail and marine operations . We have about 60 anchorages , and during grain season , they are all full . Managing the marine traffic to provide visibility to all of our supply chain partners and customers has been the core of our program so that we ensure reliability and enhance efficiency and better planning . This system will be expanded to the Fraser River this year . www . joc . com February 3 , 2024 | Journal of Commerce 43