
Canadian Pacific (NYSE: CP) (TSX: CP) and Hapag-Lloyd AG (XETR: HLAG) (FWB: HLG) today launched one more telephone call into Port Saint John, N.B., via a regular additional loader an additional step of progress when it comes to developing Atlantic Canada slot.
This extra telephone call employs their particular inaugural solution telephone call into Port Saint John in Might 2021, linking via CP rail solution to inland markets in Canada together with United States Of America.
“We tend to be delighted to see Hapag-Lloyd include an extra option into Port Saint John, more unlocking the port’s possibility CP clients plus the North United states offer sequence,” said John Brooks, CP Executive Vice-President and Chief advertising Officer. “Port Saint John provides a congestion-free portal to Canadian and U.S. areas. In conjunction with DP World, CP’s East Coast positive aspect supplies the fastest and a lot of dependable transportation into Montreal, Toronto and Chicago.”
CP regained accessibility Port Saint John in Summer 2020 aided by the strategic purchase of this Central Maine & Quebec Railway, which includes contacts aided by the Eastern Maine and brand new Brunswick Southern railways. This important connect to Port Saint John supplies the quickest course between Atlantic Canada and Us inland areas, including a 269-mile advantage on our competitors to Montreal, Toronto and Chicago, creating appreciate for shippers across United States.
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“We tend to be excited to help you to supply another item to our clients in both the U.S. and Canada,” said Uffe Ostergaard, President of Hapag-Lloyd Americas. “This regular item would be specifically advantageous in linking clients in inland areas within the U.S. Midwest and throughout Canada with crucial North European harbors.”
Port Saint John features embarked on an advanced modernization system that may boost container ability to 800,000 TEUs and supply extra on-dock railway ability within the impending months and many years.
“We are happy to welcome Hapag-Lloyd’s 2nd link at Port Saint John, connecting this Port with areas in Northern Europe,” said Craig Bell Estabrooks, CEO, Port Saint John. “Choosing the Port with this product highlights the significance of a diversified offer sequence. Through modernizing our infrastructure, incorporating DP World, a world-class terminal operator, being reconnected to CP’s system, we’ve solidified our spot among the significant container harbors in Canada.”
Port Saint John is Eastern Canada’s biggest slot by amount and has now a varied cargo base, managing on average 28 million metric tonnes of cargo yearly, including dry and fluid bulks, break bulk and containers. With 56 acres of critical area, DP World Saint John provides year-round, ice-free accessibility, with a-deep draft with no environment draft constraints.
“Together with this lovers throughout the offer sequence, we’re happy to enjoy this extra regular solution from Hapag-Lloyd to DP World Saint John,” stated Matthew Leech, leader Officer and handling Director, Americas area, DP World. “As an end-to-end logistics solutions supplier, DP World Saint John features sufficient ability to offer reliable, congestion free solution for companies and shippers. This solution will assist you to further bolster the international offer sequence while producing lasting financial development when it comes to area. This Is Certainly one other way we’re assisting Canadians to have items they require by allowing the movement of trade is smarter, faster and much more lasting.”
Source: Canadian Pacific