Canadian Railroad Set Limits of Asian Imports

Published Jul 1, 2004 12:01 AM by The Maritime Executive

CPR has established agreements with ocean carriers to set maximum freight volumes it will receive on imports from Asia at Vancouver's port, due to first quarter backlogs it endured. International cargoes shipped through Vancouver's ocean port rose 24 percent in the first quarter over last year, causing a backlog of two weeks.

In the United States, both Union Pacific and CSX have also reported delays, congestion, and backlogs, as the international freight volumes are booming because the North American economy is strong.

The robust Asian markets are being driven by the growth in China's exports.