(Canadian Transportation & Logistics – Lou Smyrlis)
Port Metro Vancouver has released the 2010 mid-year results of overall throughputs in the Cargo Statistics Report. The report shows that 2010 is building momentum, with an overall tonnage increase of 20% totalling 58.4 million tonnes to date.
"As a significant economic generator for Metro Vancouver, the Province, and Canada, we are cautiously optimistic. Significantly improved half-year numbers are good news for all Canadians and signs of continued growth point to a return to 2008 pre global economic downturn levels possibly as soon as 2011," said Robin Silvester, President and Chief Executive Officer, Port Metro Vancouver, "Importantly during a slower 2009, the Port seized the opportunity to define processes and investments to improve efficiencies and capacity, and to collaborate with customers and stakeholders. Our efforts are paying off. We are pleased to see that while cargo through the port has increased again, we have reduced our carbon footprint and improved customer service," he said.
Total foreign tonnage increased 19%, to 45.5 million tonnes, with increased foreign exports to growing Asian economies leading the way. Read more here.
