Canada Pacific Port Expands to Vie for Asia Cargo to Midwest
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The port of Prince Rupert, Canada’s closest gateway to East Asia, plans to expand its container capacity by about 60 percent as it vies with U.S. hubs to connect the Midwest to the Pacific.
Maher Terminals Holding Co., which runs the port’s container terminal, will spend more than C$200 million ($158 million) to boost annual capacity to 1.3 million 20-foot equivalent units by mid-2017, Prince Rupert Port Authority Chief Executive Officer Don Krusel said Tuesday at a press conference in the city, in northern British Columbia.