CP and Maersk building Vancouver transload and distribution facility
CALGARY — Canadian Pacific Railway and Maersk plan to build and operate a transload and distribution facility in Vancouver to expand CP’s and Maersk Canada’s supply chain options.
The CP transload facility will be an expansion of the company’s existing Vancouver intermodal facility and will benefit from turnkey rail infrastructure.
The transload facility is designed to apply Maersk’s global integrator of container logistics strategy and will offer access to a multi-commodity transload facility that will rely on 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.”
Omar Shamsie, president of Maersk Canada said: “This agreement installs more agile supply chain options and capacity to and from Vancouver for our North American customers. 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.”
The import transload facility will be operational in 2021.