Montreal cargo powers up

Montreal cargo powers up

The Port of Montreal today said total cargo volume increased 16.6 percent to 5.36 million metric tons in the first quarter compared with 4.6 million metric tons for the same period a year ago.

The port handled 2.5 million metric tons of containerized cargo in the quarter, up 11.6 percent over the year-ago period. That was equivalent to 270,480 20-foot containers, an increase of 14.2 percent.

Dominic Taddeo, president of the Montreal Port Authority, predicted a 4 percent increase in container traffic for all of 2004.

Non-containerized cargo totalled 95,000 tons, off 30.3 percent, because of "the high price of steel products in the international market," the MPA said. Petroleum products increased 42.1 percent to 940,000 metric tons while other liquid bulk shipments increased 62.3 percent.

Grain shipments rose 36 percent to 184,000 tons, and other dry bulk increased 6.2 percent to 759,000 tons.

-- Courtney Tower in Ottawa