(Linton Nightingale – Lloyd’s Loading List)
Port Metro Vancouver has joined fellow Canadian west coast port Prince Rupert in reporting a record year of box traffic for 2014, as the pair continue to seize market share from their Pacific Northwest rivals in the US impacted by congestion.
Container volumes in Vancouver grew 3.1% last year, with a record 2.9m teu shifted by the British Colombian port’s four terminals, following growth in both retail trade and consumer confidence in North America and despite a significant decline in teu traffic in early 2014, due to truck disruption.
Last month, Prince Rupert reported double-digit box growth for 2014 at its Maher Terminals-operated Fairview Container Terminals, where volumes jumped some 15.2% on year to exceed 600,000 teu for the first time in its history. Click here to read more.