Port of Montréal

The Port of Montréal continues its expansion and investments

The Port of Montréal is forging ahead and will invest $775 million over the next five years to undertake the projects outlined in Phases I and II of its Vision 2020 strategic plan. Carrying out these first two phases will allow it to increase its current handling capacity from 1.6 million TEUs (twenty-foot equivalent units) to 2.5 million TEUs by 2013. At the conclusion of the strategic plan, the port should increase its containers handling capacity to 4.5 million TEUs.

The Port of Montréal posted a 9.9% increase in container traffic over the first three quarters of 2008 to reach 1.117 million TEUs. Despite the global economic slowdown, 2008 should wrap up with strong growth in container traffic at the Port of Montréal for the seventh consecutive year. Two main advantages contribute to this performance: a geographic location that allows the shortest transit times from Europe to the American Midwest and a rail network on the quays interconnecting with both national railways, CN and CP.