DP World on Thursday announced it is buying Maher Terminal’s Fairview Container Terminal in Prince Rupert, British Colombia, from Germany’s Deutsche Bank, for C$580 million ($457 million).
Port of Prince Rupert
Port of Prince Rupert
10 Mar 2015
Seven years ago the idea that a relatively obscure bulk port in a sparsely populated region of Western Canada would become one of the fastest growing container gateways in North America would have drawn smirks, and did, even though the vision of a gateway for Asia trade at that location went back to the early years of the 20th century.
03 Mar 2015
Shippers who tried to divert their containerized cargo to the U.S. East Coast during the paralyzing port congestion at West Coast ports in the last few months were not always successful because they did not have long-standing relations with carriers serving the East Coast, according to panelists at the 15th annual TPM Conference.
20 Feb 2015
U.S. intermodal volumes are declining, while Canadian shipments increase, a sign that more shippers are diverting cargo from the U.S. West Coast north to ports in British Columbia.
28 Jan 2015
Canadian National Railway expects intermodal to stay strong as shippers frustrated with U.S. West Coast port congestion push U.S-bound loads through Canadian ports and onto its network running through Chicago and down to New Orleans.
13 Jan 2015
The Port of Prince Rupert says it can handle more diversions of U.S-bound cargo after import traffic jumped 72 percent last month, a likely result of shippers rerouting cargo away from congested U.S. terminals.
26 Nov 2014
The Port of Seattle Commission on Tuesday approved its 2015 budget that calls for $373.8 million in capital expenditures for the seaport and for Sea-Tac International Airport.
10 Nov 2014
SEATTLE — Sen. Patty Murray, D-Wash., Monday pledged to continue working to ensure the ports of Seattle and Tacoma get a fairer share of U.S. federal funding and don't lose U.S.-bound cargo to Canadian ports by pushing for an alternative funding source to the Harbor Maintenance Tax.
31 Oct 2014
Despite nine months that included historic congestion, rumblings of diversions and the lack of a West Coast port contract, the ports of Los Angeles and Long Beach nabbed a bigger piece of the West Coast volume pie through the first three quarters of 2014.
27 Oct 2014
Eleven container ships were anchored off the ports of Los Angeles and Long Beach on Sunday, the most waiting at one time in San Pedro Bay in two years, as gridlock persisted at the largest container gateway in the Americas.
24 Oct 2014
Sensing an opportunity from the woes of Southern California, Oakland says it should be considered an attractive port for diversions from Los Angeles-Long Beach.
23 Oct 2014
The massive congestion affecting the ports of Los Angeles and Long Beach is creating a fresh wave of diversions to other ports as shippers flee the worst congestion that the largest port complex in the Americas has seen in at least a decade.