Transportation

DP World Wins Contract to Operate Montreal Port’s New Terminal

A boat sails past the DP World container terminal on Vancouver Harbour in Vancouver.

Photographer: James MacDonald/Bloomberg

Logistics giant DP World Ltd. will operate a new terminal near Montreal, a project aimed at boosting the container-handling capacity of the region’s port by more than 50%.

The Montreal Port Authority and DP World’s Canadian unit signed a development agreement for the new Contrecoeur terminal, according to a news release Monday, confirming an earlier Bloomberg News report.