Canadian Pacific (CP) is becoming CMA CGM Group’s “primary rail provider in Canada” under a new multi-year agreement, the Class I railroad reported on May 31.
Port of Vancouver
The Montreal Port Authority’s (MPA) Contrecoeur Port Terminal Expansion Project gets the greenlight; Port of Vancouver sets annual grain, potash and container records in 2020.
Canadian Pacific and Taiwan-based Yang Ming Marine Transport Corp. have entered into a three-year partnership to connect Yang Ming customers with North America via the Port of Vancouver in British Columbia.
While U.S. grain farmers wrangle with tariffs, bankruptcies and uncertainty, suppliers north of the border helped Canadian Pacific ring up another month of record shipments.
While the United States battles with trade partners, Canada plans improvements to its global supply chain network.
CN is investing C$400 million in new capacity this year, primarily in western Canada and the Edmonton-Chicago corridor. Projects currently in progress include 60 miles of double track, 11 new sidings or siding extensions, and eight yard expansions. All should be completed in November.