Vancouver – The Minister of Transport, the Honourable Omar Alghabra, has announced $8.7M in funding for four new projects under the National Trade Corridors Fund, which will help to improve operational efficiencies at one of Canada’s major export gateways.
Under the National Trade Corridors Fund, the Government of Canada will contribute $7.4M to three projects to be undertaken by the Vancouver Fraser Port:
*The development and implementation of technology to improve the management of containers flagged for inspection, which will increase efficiency and reduce operating costs in the Pacific Gateway.
*An engineering study for capacity improvements along a segment of rail that links Canadian Pacific’s intermodal and rail yards in Metro Vancouver with grain and container terminals in the Port of Vancouver’s South Shore Trade Area.
*Funding to support ongoing work of the Gateway Transportation Collaboration Forum Secretariat, which brings together a number of governmental and private organizations to identify gateway infrastructure priorities in Metro Vancouver.
The Government of Canada is also investing $1.3M in an additional technology and innovation project:
*The development of a digital platform for sourcing and managing empty shipping containers. This project, to be undertaken by TSC Trakking Software Corporation, will improve container management, reduce costs for Canadian importers and exporters, and reduce greenhouse gases due to congestion in Metro Vancouver and potentially other Canadian cities. (photo VFPA)