Capacity at Port of Thunder Bay is Expected to See Improvements
Canada is investing C$6.7 million (from their trade corridors fund) on two projects that will help improve and increase capacity at the Port of Thunder Bay.
“Strategically located at the furthest inland port in Canada, this premier intermodal facility is a vital supply chain link for international imports of breakbulk, project cargo and bulk, serving the prairies and Northern Ontario,” says Chris Heikkinen CEO at the port.
One part of the funds will be spent on redeveloping the current waiting area where trucks carrying freight wait for unloading at Keefer Terminal. The other part of the funds will improve capacity by upgrading the Keefer Terminal wharf by expanding the cargo laydown area, developing electrical infrastructure for the new laydown area and enhancing rail crossing infrastructure – Transport Topics reports.
Total Weekly U.S. Rail Traffic for the Week Ending March 16th, 2024:
- Total weekly U.S. rail traffic was 474,596 carloads and intermodal units, seeing a 6.7% increase from the same time last year – per AAR data.
- Weekly U.S. intermodal volume was 255,010 containers and trailers, seeing a 13.8% increase from the same period last year.
- Grain, chemicals, petroleum and petroleum products all saw increases. While coal, metallic ores and metals, and forest products all saw decreases.
- For the first 11 weeks of this year, North American rail volume was at 7,138,853 carloads and intermodal units – seeing a 1.8% increase from last year.
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