Dubai: DP World signed an agreement Thursday with CN Rail [Canadian National Rail] to improve competitiveness and security at DP World Vancouver with the goal of promoting the terminal as "a secure point of entry to North America."
The service-level agreement seeks to avoid unnecessary regulation or government intervention. Given the sensitivity of DP World's presence in North America - which scuppered it taking over any terminals in the USA when it bought out P&O Ports in 2006 - CN Rail's drive to improve efficiency is an opportunity for DP World to bolster its ability to serve key US west coast markets and beyond.
Matthew Hoag, general manager of DP World Vancouver, said: "We are pleased to be working even more closely with CN to help improve productivity. Sharing best practices is key to the overall improvement of intermodal transportation and more efficient supply chains for customers."
Centerm Terminal in Vancouver is DP World's only Canadian asset. Its other Americas facilities are in Argentina, the Dominican Republic and Peru.
In 2006, DP World invested $160 million to convert Centerm Vancouver to RTG [rubber tyred gantry] operations, and a year later, the port became the first container terminal in North America to be certified ISO/PAS 28000, a leading quality mark. [17/09/10]
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