Ashcroft Terminal and the Vancouver Fraser Port Authority (VFPA) have signed a letter of intent to work together to invest, build and operate rail infrastructure at the terminal to reduce congestion at the Port of Vancouver, support capacity growth and enhance resiliency within the Asia-Pacific gateway trade corridor.
As an inland terminal located around 300 km east of Vancouver, Ashcroft Terminal will provide infrastructure to supply railcar storage and staging for improved resiliency and cargo fluidity along the Asia-Pacific corridor.
It is hoped that this will remove bottlenecks along the route and advance the efficient movement of imports and exports in Western Canada to deliver goods to the market quicker.
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