CALGARY – Canadian Pacific Railway Limited and Maersk are building a transload and distribution facility in Vancouver. The CP transload facility will be an expansion of CP’s existing Vancouver Intermodal Facility.
The facility will rely on the substantial use of rail instead of truck in the Vancouver market, as CP will shuttle containers to and from the ocean terminals via rail.
“CP’s unique landholdings in Vancouver enable us to bring to market a first-of-its-kind transload facility that creates tremendous opportunity for sustainable growth,” said CP’s president and CEO Keith Creel.
“Together with Maersk, the global shipping leader, we will transform intermodal transportation in North America.”
“This agreement installs more agile supply chain options and capacity to and from Vancouver for our North American customers,” said Omar Shamsie, president of Maersk Canada.
“Marketplace fluctuations, e-commerce demands and omnichannel fulfillment are testing every company – so this integrated logistics solution with CP will clearly elevate supply chain performance.”
Vancouver warehouse space has been tight in 2020, which, combined with Vancouver ports experiencing high utilization has placed pressure on supply chain performance. Shamsie said the new facility will reduce the number of container handoffs and improve transit times.
The import transload facility will be operational in 2021.