The port is looking to employ the landlord model used at other West Coast ports that would allow a private operator to manage the T6 terminal’s daily operations and market the facility to ocean carriers and shippers.
A Journal of Commerce analysis reveals that the average age of MPVs now trading globally is rapidly approaching 20 years, with almost 12% of vessels 25 years or older.
Despite workers returning to their jobs, the brief work stoppage will impact freight flows in Canada and the US for a few weeks.