On the heels of similar agreements for competitor CN, Canadian Pacific (CP) has announced the signing of agreements aimed at increasing business through the Canadian West Coast port of Vancouver. CP signed separate pacts with DP World Vancouver and with TSI Terminal Systems Inc. (TSI), a subsidiary of Global Container Terminals.
DP World Vancouver and CP plan to coordinate identification of available tools and processes for productivity improvements for railways, terminals, and shipping lines. This will include improved information systems that enhance the visibility and predictability of customer supply and demand.
CP said ongoing discussions are providing other opportunities for improvement in the performance of the supply chain, creating further growth in container traffic through Centerm in Vancouver.
Under their agreement, CP and TSI, which handles more than 70% of the containerized cargo that moves through the Vancouver gateway, will coordinate working groups in the fields of operations, technology and marketing to identify tools and processes for productivity improvements, again including a focus on information systems that give better insight into customer demand.
CP President and CEO Fred Green observed that cooperation between CP and the terminal operators contributed to a 229% increase in loaded import containers moving through Vancouver between 2001 and 2008.