Study - Canada - Freight demand dramatically outpacing western capacity
VANCOUVER,BC,CAN -Today's Trucking -10 May 2006: -- West Coast capacity won't be able to keep up with skyrocketing trade as container throughput at Lower Mainland B.C. ports is expected to nearly triple in the next decade while break bulk could double... So says a new report released this week by the Western Transportation Advisory Council, a non-profit group of business, labour and government leaders focused on the western Canadian economy and transportation system. The report -- titled Preparing for Success: Forecasting Surface Freight Demand -- draws from shippers and importers that rely upon the freight transportation. It details findings in containerized freight and in six commodity groups: coal, forest products, grains, fertilizers and potash, sulphur and chemicals... The study was borne out of concerns in 2004 that the transportation industry on the west coast had "been lulled by a long period of excess capacity". And then suddenly "huge volumes of containerized goods arrived on western shores from across the Pacific, while at the same time hungry foreign demand of raw materials and commodity stressed Canada's export systems"...
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