THROUGH RATES WILL AID VANCOUVER
A major Pacific Ocean shipping conference has announced a new through rate for cargo moving to Eastern Canada through the Port of Vancouver which absorbs almost all of the inland transportation costs. The Hong Kong-Taiwan-West Canada Freight Conference last month adopted a rate that amounts to the previous ocean rates to Vancouver, plus only $20 a ton for goods to Toronto or Montreal. The new rate is expected to help Vancouver win back traffic to Eastern Canada that has been lost to U.S. West Coast ports. Under the new tariff the cheapest rate for a 40-ft. container to Toronto-Montreal is $1,588, including a $52 terminal service charge, less a refund of $270 if the railways use it westbound, for a final minimum of $1,318. Canadian railways are studying a conference proposal on division of revenue that would make the rates through the Port of Vancouver even more competitive. Under the proposal the conference lines would pay roughly 30 cents a cubic foot on the inland freight, whether it moved in boxcar, piggyback or container. Both railways have expressed interest and there is some hope an accommodation can be reached. Even without reductions on containers, the new conference rates should attract more cargo through Vancouver because they also apply to boxcar and piggyback movements, which carry about 80 percent of the eastbound goods landing in the port. This should give the port more less-than-container load and break bulk cargo.
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Corporate Authors:
Transportation Development Agency Centre
800 rene-Leveque Boulevard West, Suite 600
Montreal, Quebec H3B 1X9, Canada - Publication Date: 1976
Media Info
- Pagination: p. 25-26
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Serial:
- Transport Development News
- Publisher: Transportation Development Agency Centre
Subject/Index Terms
- TRT Terms: Rate making; Rates; Shipping conferences
- Geographic Terms: Canada
- Old TRIS Terms: Cargo rates; Conference rates; Throughrates
- Subject Areas: Marine Transportation;
Filing Info
- Accession Number: 00142640
- Record Type: Publication
- Source Agency: Transportation Development Agency Centre
- Files: TRIS
- Created Date: Dec 15 1976 12:00AM