Port of Vancouver
Port of Vancouver
The Port of Vancouver, in the Canadian province of British Columbia, has expanded its market share in the competitive Pacific Northwest region of North America, which also includes the Port of Prince Rupert in Canada, and the Northwest Seaport Alliance of Seattle and Tacoma, in the US state of Washington.
Canada’s largest port, Vancouver’s share of the region’s containerized imports from Asia has increased steadily. For decades, Vancouver has played a major role in ongoing initiatives developed by Canada’s federal, provincial and regional authorities to create an Asia-Pacific Gateway that facilitates trade not just between British Columbia and East Asia, but between Canada as a whole and East Asia.
The Port of Vancouver’s Centerm terminal, operated by DP World Vancouver, provides an operating system that tracks containerized cargo in real time.
Deltaport terminal, operated by GCT Canada, is Canada’s largest container terminal.
Vanterm, also operated by GCT Canada, handles containerized cargo, project cargo, and bulk oils. Both Deltaport and Vanterm have on-dock rail facilities. Fraser Surrey Docks is a multi-purpose terminal handling containerized, bulk and breakbulk products.
The Port of Vancouver is handled by three Class 1 railroads: CN Rail, CP Rail and BNSF. Of these, only CN Rail and CP Rail service the on-dock rail facilities at the port’s container and cargo terminals.
Like many other ports worldwide, Vancouver has suffered from congestion and high terminal utilization rates. In an effort to reduce such congestion, which slows down supply chains that operate between East Asia and Vancouver, Ashcroft Terminal, a 320-acre inland port, located 343 kilometers (212 miles) northeast of Vancouver, has been expanding its scale of operation.
Ashcroft Terminal provides inland transloading and container storage facilities in a spacious rural location that has direct access to major highways and railways leading to and from the port of Vancouver. Adjacent to the Trans-Canada Highway, Ashcroft Terminal is situated on the mainlines of both the Canadian Pacific Railway (CPR) and Canadian National Railway.
Ashcroft Terminal serves dozens of companies in the agricultural, forestry, mining, drilling and manufacturing sectors. In a sign of Ashcroft’s growing role in Asia-Canada trade, Singapore-based global terminal operator PSA International acquired a majority [60 percent] stake in Ashcroft in 2018, with an eye toward linking its transloading operations with potential markets in Asia and beyond.