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Effective Jan. 1, 2020, CP will handle all of Yang Ming’s Vancouver-bound container traffic. The agreement also provides synergies across THE Alliance, which includes ocean carriers Hapag-Lloyd, Ocean Network Express (ONE) and Yang Ming. These companies will be moving traffic, in whole or in part, on CP out of Canada’s largest ocean terminal, Global Container Terminal (GCT) Deltaport.
“With CP’s growing network of transload facilities, its innovative live-lift operation at Portal, N.Dak., and the fastest transit times between Vancouver and the Twin Cities, Chicago and beyond, Yang Ming is well-positioned to connect with its key customers across North America,” CP said. “With the Deltaport Rail Expansion Project now complete, CP and its customers will continue to benefit from increased capacity and production. Since 2016, CP has steadily increased its market share at Deltaport and will now become the largest rail provider at Canada’s premier ocean terminal. CP’s intermodal franchise has the lowest on-dock dwell and best on-time performance at the Port of Vancouver, ensuring faster end-to-end transits for shippers.”
“On behalf of the 13,000-strong CP family, I would like to offer a warm welcome to Yang Ming,” said CP President and CEO Keith Creel. “We are proud to be selected as Yang Ming’s Canadian rail carrier, and we look forward to a long and successful relationship. This agreement is a testament to our service, to our network capacity and room to grow at our inland terminals and to the tireless work we put in to understand our customers and create win-win solutions for the supply chain and the broader economy.”
Global Container Terminal (GCT) Deltaport, Vancouver. Shutterstock.com photo
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