CP Rail, Port Metro Vancouver announce productivity, performance agreement

VANCOUVER, B.C. — Canadian Pacific Railways and Port Metro Vancouver (PMV) have announced an agreement designed to improve productivity and performance through Canada’s Pacific Gateway. Port and CP officials say greater collaboration and accountability among supply chain partners is the key to more efficient and reliable trade through the Gateway. 

This collaboration agreement sets the framework for the PMV, CP and port stakeholders to develop mechanisms to define, measure, monitor and evaluate the performance of each participant at the port against established benchmarks. It also establishes processes to proactively communicate on service-related matters and resolve disputes between CP, the Port and port supply chain participants on a commercial basis.

“I am pleased that we were able to work collaboratively with CP on this important agreement,” said Robin Silvester, president and CEO of Port Metro Vancouver. “With an emphasis on reciprocal accountability, our agreement will further improve competitiveness and optimize the performance of the Vancouver Gateway.”

“This collaboration agreement strengthens our partnership with Port Metro Vancouver in our biggest Gateway, setting the stage for a cross-supply chain collaboration that improves performance and service of the Pacific Gateway,” said Jane O’Hagan, CP’s executive vice-president and chief marketing officer. “CP strongly believes in the growth opportunities that underpin the Vancouver Gateway.”

This is the fourth collaboration agreement announced by Canadian Pacific in the past 12 months. Forty per cent of all the freight traffic moved by Canadian Pacific passes through Port Metro Vancouver.