Fraser River Port’s box volume slumps 72%
Canada’s Fraser River Port container throughput dropped 72 percent in the first half 2006 to 53,906 TEUs compared with 194,354 TEUs in the same six-month period last year.
“International shipments reflected an expected decline, anticipated in the wake of recent shipping line consolidations and reallocations of container traffic within the region’s terminals,” Fraser River Port Authority said. “The decrease in container shipments was balanced by growth in the port’s other niche cargoes — steel, forest products, and automobiles.”
After six months, the port’s total international and domestic cargo throughput decreased 1 percent to 18.97 million tons.