The Port of Prince Rupert and DP World reached a record of 1 million TEU as Fairview Container Terminal for the first time in a calendar year. During its first full year in operation in 2008, Fairview Terminal moved a modest 182,523 TEUs.
Namely, on December 18, the millionth TEU was loaded onto the COSCO Africa with ILWU members and supply chain partners on hand to celebrate. The 40-foot container was loaded with dimensional lumber from Canfor’s Plateau mill at CN’s Prince George Transload Facility before arriving in Prince Rupert by rail.
Moreover, a combination of strong local longshore labour, efficient terminal management and reliable rail service have given Fairview Terminal distinct benefits to shippers that has contributed to a decade of development.
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The Terminal accommodates four weekly services from all three marine carrier alliances.
The Terminal uses a on-dock rail infrastructure transferring products from Asia into major North American markets and bringing in-demand Canadian products to Asian markets, increasing job opportunities throughout British Columbia and Western Canada.
The Prince Rupert gateway has created new opportunity for Canadian businesses to ship their goods to Asian markets; in 2018 laden exports have increased 25% year over year.
According to Prince Rupert Port Authority, the original capacity of the Fairview Terminal was 500,000 TEUs. Along with the completion of Phase II North expansion its current capacity is 1.35 million TEUs.
DP World aims to another expansion in 2019, bringing the terminal’s effective capacity to 1.8M TEUs by 2022.