CARM: What all importers need to know about CARM

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Rising demand at two Canadian ports

Faced with rising demand and significant competition from U.S. ports, the Port of Montreal is investing $750 million to build a new container terminal on Montreal’s South Shore.  The expansion will increase the port’s capacity to 3.5 million TEUs (20-foot units), a 60 percent increase versus the current capacity of 2.1 million.

Demand is also up at the Port of Halifax, which moved a record 559,442 twenty-foot equivalent units (TEU) in 2017, a 16% increase versus 2016.  Karen Oldfield, President and CEO, Halifax Port Authority, said the growth was made possible by the hard work of port partners, terminal operators, oceans carriers, rail providers, marine pilots and tug operators.

For more information, contact David Lychek, Manager – Ocean & Air Services.

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