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On December 2, Canadian Pacific and Hapag-Lloyd AG announced they have extended their long-term rail service agreement to the end of 2025. Additionally, Hapag-Lloyd will begin regular service via CP to the Port of Saint John, N.B., starting in 2021.
CP regained access to the Port of Saint John in June 2020 with the acquisition of the Central Maine & Quebec Railway and through connections with the Eastern Maine and New Brunswick Southern railways.
CP also serves Hapag-Lloyd through ports at Vancouver and Montréal.
“Having Hapag-Lloyd call the Port of Saint John regularly is the first step in the port becoming a world-class gateway,” said CP President and Chief Executive Officer Keith Creel.
“Through the Port of Saint John, CP enjoys about a 200-mile advantage over our competition into Montréal, Toronto and Chicago. This East Coast advantage bodes well for businesses in Atlantic Canada, customers across our network, and for the broader supply chain. We are only just starting to unlock the potential that exists at the Port of Saint John,” Kreel added.