Port Metro Vancouver and Canadian Pacific Announce Productivity and Performance Agreement

North American railroad Canadian Pacific CP and Port Metro Vancouver today announced a collaboration agreement to improve productivity and performance through Canada's Pacific Gateway. The Port and CP believe that greater collaboration and accountability among supply chain partners is the key to more efficient and reliable trade through the Gateway. This collaboration agreement sets the framework for the Port, CP and port stakeholders to develop mechanisms to define, measure, monitor and evaluate the performance of each participant at the port against established benchmarks. It also establishes processes to proactively communicate on service-related matters and resolve disputes between CP, the Port and port supply chain participants on a commercial basis.