Canadian Pacific and Hapag-Lloyd announced today they have extended their long-term rail service agreement to the end of 2025. Additionally, after successful calls to the Port of Saint John, N.B., this summer, Hapag-Lloyd will begin regular service via CP and this key Atlantic Canada port starting in 2021.
“It’s a special day when we get to announce the renewal of a contract with Hapag-Lloyd, our largest customer by volume and a world-class ocean carrier,” said CP President and Chief Executive Officer Keith Creel. “It’s through our network reach and disciplined execution of the precision scheduled railroading model that we can offer a caliber of service capable of winning our customers’ support in this way. With our expanded reach to the deep-water port at Saint John, we are proud to offer Hapag-Lloyd another reason to use our services.”
CP regained access to the Port of Saint John in June 2020 with the acquisition of the Central Maine & Quebec Railway and through connections with the Eastern Maine and New Brunswick Southern railways.
Jim Quinn, CEO, Port Saint John said: “We are extremely pleased with Hapag Lloyd’s decision to join the suite of container services that is building at Port Saint John, and we are looking forward to establishing a long-term relationship with another global container service provider. We are engaged in a multi-year $205 terminal modernization project which is supported through a partnership with the Governments of Canada and the Province of New Brunswick, this decision illustrates that investments being made to modernize, reequip, and enhance training and development being are noticed in the marketplace.”
Curtis Doiron, General Manager, DP World Saint John commented: “We are pleased to welcome CP Rail, Hapag-Lloyd, and its partners to our port community in 2021. Their decision to choose DP World and Port Saint John demonstrates the market confidence in the unique value proposition Saint John offers to the global shipping community. Our available capacity, word-class operations, and our access to CP and CN class 1 rail networks is a tremendous advantage to North American importers and exporters, when compared to alternatives that are further afoot with limited options.” (Photo Port of Saint John)