At the end of May, Canadian National Railway Company (CN), together with Port Metro Vancouver, announced a supply chain collaboration agreement aimed at boosting the port's importance for both import and export cargoes. Now comes word that CN has formed a similar agreement with TSI Terminal Systems Inc. to enhance service levels to their mutual customers and draw greater volumes of container traffic through Port Metro Vancouver. The two parties have signed a memorandum of understanding intended to drive a mutual focus on system efficiencies, improved communication, and close monitoring of their gateway performance. CN and TSI characterized the pact as a companion to CN's collaborative agreement with the port.
"TSI is an important partner of CN in serving the international steamship container lines calling at Port Metro Vancouver," said Claude Mongeau, president and CEO of CN. "This agreement aims to improve supply chain performance at the Port by establishing a close working relationship with TSI in support of increased efficiency and service innovation."
TSI handles approximately 70% of the containerized cargo moving through its two terminals, which it operates under long-term lease at Port Metro Vancouver.
Michael Moore, president and chief executive officer of GCT Global Container Terminals Inc. (GCT), TSI's parent company, said, "We are pleased to be able to partner with a world class railroad for the benefit of our Canadian and American clients. We look forward to reducing dwell time and increasing the fluidity of the Asia Pacific Gateway with this arrangement."