Port Metro Vancouver, CN team up to improve competitiveness

PORT Metro Vancouver and Canadian National Railway Company (CN) have signed a supply chain deal to drive further efficiencies at the port and "recognise the importance of balanced accountability."

The agreement sets the framework for the port, CN 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 CN, the port and port supply chain participants on a commercial basis, a statement from CN said.

Robin Silvester, Port Metro Vancouver president and CEO, said: "I am pleased that we were able to work collaboratively with CN on this initiative. The agreement will help align port stakeholders' interests and ensure that each party is accountable for the optimal performance of the Vancouver Gateway."

Said CN president and CEO Claude Mongeau:"CN is encouraged that CN and Port Metro Vancouver reached this innovative pact through commercial negotiation. The agreement will focus stakeholders on working together to achieve continuous improvement in supply chain performance at the port."
(Source:www.schednet.com)