PSA International Pte Ltd (PSA) has through its wholly-owned subsidiary PSA Canada Holdings Ltd, signed an Investment Agreement with Ashcroft Terminal to acquire 60% of Ashcroft Terminal’s business in Western Canada.

Ashcroft Terminal is an inland port facility located approximately 300 kilometres east of the Port of Vancouver (POV). Comprising 320 acres of free-hold industrial land, it is the only major privately-owned industrial property in Canada where both Class 1 railroad lines – including Canadian National (CN) Railway and Canadian Pacific Railway – run through, transporting import and export cargoes to and from the POV, across Canada and as far as Chicago and other North American markets. Besides its unique rail connectivity, Ashcroft Terminal is also located close to the major highways of British Columbia that serve much of the province’s resource industries.

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