Ashcroft Terminal – a member of the PSA Group – and the Vancouver Fraser Port Authority have signed a letter of intent outlining a long-term arrangement for the transportation of Canadian imports and exports. Both organisations will work together to invest, build, and operate rail infrastructure at Ashcroft Terminal to reduce congestion and support capacity growth within the Port of Vancouver and enhance resiliency within the Asia-Pacific Gateway and Corridor. This partnership will advance the efficient movement of imports and exports in Western Canada and help deliver goods to market faster.

Ashcroft Terminal will provide infrastructure to supply railcar storage and staging for improved resiliency and cargo fluidity along the Asia-Pacific Gateway and Corridor. This will help remove bottlenecks along this major transportation corridor.

Ashcroft Terminal’s CEO and Chief Commercial Officer Chris Shubert said, “The signed letter of intent is an exciting first step in strengthening Western Canada’s supply chain. The Asia-Pacific Gateway and Corridor connects Canada to the rest of the world, moving critical cargo such as retail goods, bulk products, food, and natural resources. Ashcroft Terminal is the inland terminal equipped and strategically positioned to manage this new rail program and facilitate the fluid movement of Canada’s major economic drivers.”

For more information, please click HERE for the press release.