Vancouver Fraser Port Authority applauds federal contribution to project designed to increase good movement efficiency

August 16, 2017    Vancouver, B.C.           

Today, the Government of Canada announced a federal contribution of $250,000 to the Vancouver Fraser Port Authority towards a project to assess real-time information on the supply chain performance for all rail cargo moving to and from the Port of Vancouver.

The port authority launched the Supply Chain Visibility Project in 2015. The Government’s contribution will fund a concept phase that will focus on measuring the performance of the grain and fertilizer sectors, while also addressing data quality issues.

By analyzing railcar activity data in the Lower Mainland, the port authority’s Supply Chain Visibility Project contributes to three objectives of the Asia-Pacific Gateway and Corridor Transportation Infrastructure Fund. These include improving the efficiency of the national multimodal transportation network; enhancing transportation infrastructure safety, security and quality of life; and, improving the connectivity of intermodal interfaces.

About the Vancouver Fraser Port Authority

The Vancouver Fraser Port Authority is responsible for the stewardship of the federal port lands in and around Vancouver, British Columbia. It is accountable to the federal minister of transport and operates pursuant to the Canada Marine Act. The Port of Vancouver is Canada’s largest, and the third largest in North America by tonnes of cargo, facilitating trade between Canada and more than 170 world economies. Located in a naturally beautiful setting on Canada’s west coast, the port authority and port terminals and tenants are responsible for the efficient and reliable movement of goods and passengers, integrating environmental, social and economic sustainability initiatives into all areas of port operations. Enabling the trade of approximately $200 billion in goods, port activities sustain 115,300 jobs, $7 billion in wages, and $11.9 billion in GDP across Canada.