The agreement sets the framework for the port, the railroad, CN and port stakeholders to develop mechanisms to define, measure, monitor and evaluate the performance of each participant at the port against established benchmarks. It also establishes processes to proactively communicate on service-related matters and resolve disputes between CN, the port and port supply chain participants on a commercial basis.
Port Metro Vancouver and CN say they believe that supply chain collaboration is the best way to help increase Canada’s commerce with the Asia-Pacific region, enlarge the Vancouver gateway’s share of Asian containerized imports to North America, and improve gateway competitiveness for Canadian and North American exports.
CN signed a similar agreement earlier this spring with the Halifax Port Authority and two of its terminal operators
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