The Government of Canada has made a federal contribution of almost US$200,000 to Canada's Vancouver Fraser Port Authority so it can develop a project to assess real-time information on the supply chain performance of its rail cargo.
Funding will go towards measuring the performance of the grain and fertilizer sectors and data quality issues as part of the port authority's Supply Chain Visibility Project launched in 2015.
The project contributes to three aims of the Canadian government's Asia-Pacific Gateway and Corridor Transportation Infrastructure Fund, which is breaking down capacity challenges by analyzing railcar activity data in the Lower Mainland.
Moving cargo efficiently throughout Canada’s West Coast will strengthen its trade with Asia.
Marc Garneau, Canada’s Minister of Transport, said: “This project will provide access to information to support the Vancouver Fraser Port Authority's rail network planning and infrastructure to further develop trade movement.
“This will contribute to higher volumes of trade with Asia for the economic benefit of all Canadians.”
Peter Xotta, Vice President, Planning and Operations at the Vancouver Fraser Port Authority, commented: “We are very pleased with the federal government's contribution to our Supply Chain Visibility Project, which focuses on supporting the port authority's rail network planning and infrastructure development for trade through the Asia-Pacific Gateway.
“The Government's focus on the overall transportation network and commitment to innovation and investment is truly appreciated.”
