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Tuesday, June 1, 2010 Canada’s top port and railroad announce supply chain agreement Canada’s biggest seaport and railroad announced a supply chain collaboration this week. Port Metro Vancouver and the CN Railroad said in a statement that their joint agreement would “drive further efficiencies at the port and recognize the importance of balanced accountability.” The British Columbia port and the CN said the agreement allows all of their stakeholders “to develop mechanisms to define, measure, monitor and evaluate the performance of each participant at the port against established benchmarks.” They said the initiative “also establishes processes to proactively communicate on service-related matters and resolve disputes between CN, the port and port supply chain participants on a commercial basis.” Claude Mongeau, CN’s president and chief executive officer, said: “CN is encouraged that CN and Port Metro Vancouver reached this innovative pact through commercial negotiation. The agreement will focus stakeholders on working together to achieve continuous improvement in supply chain performance at the port.” Port Metro Vancouver and CN announced in the statement that the latest supply chain collaboration “is the best way to help increase Canada's commerce with the Asia-Pacific region, enlarge the Gateway's share of Asian containerized imports to North America, and improve Gateway competitiveness for Canadian and North American exports.” More specific details of the agreement were not released in the statement. More Newswire stories CAT invests $820 mil in rail “Greek Disease” and service sector dip impact credit index NAFTA surface transport trade up 37 percent in March Recession blues: Where will funds for Bayonne Bridge fix come from? Today's Cargo News Archives	Click to browse past stories on these topics: Logistics Ports & Infrastructure Economic Outlook Environmental Impact Technology
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Canada’s top port and railroad announce supply chain agreement